13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.
13d ago
KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.
13d ago
By Sakini Mohd Said
KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.
13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.
13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.
13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network.
13d ago
SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.
13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- The government has not set a target year to conclude all claims and asset recovery efforts related to 1Malaysia Development Bhd (1MDB), Finance Minister II Datuk Seri Amir Hamzah Azizan said.
13d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
14d ago
PUTRAJAYA, Oct 27 (Bernama) -- A total of 99,030 job opportunities are expected to be created through 2,746 approved investment projects in the first half of 2026 (1H 2026), opening up more opportunities for Malaysians to fill high-skilled jobs and enjoy better incomes.
14d ago
KUALA LUMPUR, Oct 27 (Bernama) -- The government is prepared to re-engage with industry players to look at the possibility of improving the fee structure of the Corporate Renewable Energy Supply Scheme (CRESS).
14d ago
KUALA LUMPUR, Oct 27 (Bernama) -- Rental commerce platform, Rently has secured a US$12 million growth credit facility from January Capital, a technology investment firm, to support its expansion across Asia-Pacific and the Gulf region. (US$1 = RM4.08)