Shell Takes Final Investment Decision On Malikai Phase 3

KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.

eXp Realty Selected As Global Platform By Mexico’s Ronival Real Estate

KUALA LUMPUR, Aug 5 (Bernama) -- Real estate brokerage company, eXp Realty announced that Ronival Real Estate, the leading transaction company in Baja California Sur, Mexico, has selected eXp Realty as its global platform.

EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Vantris Energy Secures Contracts Worth RM830 Mln, Order Book Exceeds RM6 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- Vantris Energy Bhd had secured contracts worth RM830 million for transportation, installation and tender-assisted drilling rig (TADR) services in Malaysia.

MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

MITI Says No Official Decision Yet On BYD's Tanjung Malim Investment

KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has yet to receive any official information on whether Chinese electric vehicle (EV) maker BYD will proceed with its planned investment in Tanjung Malim, Perak.

MG Ship Unveils AI-Powered Logistics Tracking Platform

KUALA LUMPUR, Aug 4 (Bernama) -- MG Ship (MGS) has launched an artificial intelligence (AI)-powered multimodal tracking platform to help retailers and manufacturers improve visibility, reduce disruptions and optimise inventory across global supply chains.

Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

Malaysia Well-positioned Against Advanced Cyber Threats - Kaspersky

From K. Naveen Prabu

GUANGZHOU, Aug 3 (Bernama) -- Malaysia is well prepared to defend against advanced cyber threats targeting government institutions, according to global cybersecurity firm Kaspersky.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.

Indonesia's July Inflation At 2.88 Pct - Statistics Indonesia

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 3 (Bernama) -- Indonesia's annual inflation stood at 2.88 per cent in July, driven mainly by higher prices in the food, beverages and tobacco, transportation, as well as personal care and other services groups.