Economy
Tropicana Launches T Journey Hospitality Platform In Langkawi, Partners AirAsia Rewards
LANGKAWI, Aug 5 (Bernama) -- Tropicana Corporation Bhd (Tropicana) has launched T Journey, its integrated hospitality management and services platform, marking the commencement of hospitality operations at its newly completed Tropicana Cenang beachfront development here.
Market
CPO Futures End Mostly Higher On Soybean Oil Gains
By Fatin Umairah Abdul Hamid
Gold Futures Close Higher, Tracking US COMEX Gains
KUALA LUMPUR, Aug 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the higher gold prices in the US Commodity Exchange (COMEX).
Ringgit Closes Slightly Higher Against US Dollar Ahead Of Key US Data Releases
By Rosemarie Khoo Mohd Sani
KLCI Futures End Higher
KUALA LUMPUR, Aug 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Wednesday.
Corporate
BAC To Invest US$150 Mln In Nilai Manufacturing Facility
NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.
Destini Unit Wins Tubular Running Services Contract From Searah Malaysia
KUALA LUMPUR, Aug 5 (Bernama) -- Destini Bhd’s wholly owned subsidiary, Destini Oil Services Sdn Bhd, has secured a tubular running services contract from Searah (Malaysia) Sdn Bhd for the latter’s west region operations.
IILM Achieves Record US$7.4 Bln Outstanding Sukuk Portfolio
KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.