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Petronas, Petrovietnam Sign Strategic Alliance Agreement, Mark 35 Years Of Collaboration

KUALA LUMPUR, Oct 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Vietnam National Industry Energy Group (Petrovietnam) have strengthened their partnership with the signing of a strategic alliance agreement (SAA).

A.P. Moller Capital To Buy Singapore Port Operator Portek

KUALA LUMPUR, Oct 16 (Bernama) -- A.P. Moller Capital, a global institutional fund manager, has agreed to acquire 100 per cent of Singapore-based ports operator Portek International Pte Ltd (Portek) from Japan’s Mitsui & Co Ltd (Mitsui) through its Emerging Markets Infrastructure Fund II (EMIF II).

IMF Forecasts Malaysia GDP Growth At 5.2 Pct In 2026, Moderating To 4.7 Pct In 2027

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).

Selangor Attracts Over RM3 Bln In Potential Investment From Four Foreign Investors

KUALA LUMPUR, Oct 14 (Bernama) -- Selangor has attracted potential investment exceeding RM3 billion from four foreign investors through Letters of Intent (LOIs) facilitated by UOB Malaysia to Invest Selangor, reflecting the investors' strong interest in exploring business and growth opportunities in the state.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

Local Institutions Record Net Inflows Of RM99.9 Mln - MBSB IB

KUALA LUMPUR, Oct 12 (Bernama) -- Local institutions extended their net buying on Bursa Malaysia to three consecutive weeks, recording net inflows of RM99.9 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Malaysia Must Strengthen Regional Cooperation To Ensure Stable Energy Supply -- Akmal Nasrullah

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia has highlighted the need to strengthen regional cooperation to ensure a stable and affordable energy supply, alongside efforts to accelerate the transition to low-carbon energy. 

APO Databook Highlights Asia’s Productivity, Economic Growth Trends

KUALA LUMPUR, Oct 7 (Bernama) -- The Asian Productivity Organization (APO) has released the 19th edition of the APO Productivity Databook, providing harmonised comparisons of Asia’s economic growth and productivity from 1970 through 2024, with projections through 2035.

Japan’s Umios To Broaden Its Footprint In Malaysia

KUALA LUMPUR, Oct 7 (Bernama) -- Umios Corporation, one of the world’s largest fishery and food companies, plans to broaden its footprint in Malaysia with new investments which will expand both its human and pet food business.

OCBC Bank Expands World Transfer Service To 67 Currencies

KUALA LUMPUR, Oct 6 (Bernama) -- OCBC Bank (Malaysia) Bhd has expanded its cross-border payment service, OCBC World Transfer, to support transactions in 67 currencies, up from 26 previously.

13th PropertyGuru Asia Awards Malaysia Celebrates Property Excellence, Industry Leaders

KUALA LUMPUR, Oct 2 (Bernama) -- The 13th PropertyGuru Asia Awards Malaysia with iProperty celebrated achievements in the country’s property sector and honoured prominent industry figures tonight, with developers and projects recognised across 62 award categories.

GB Bond Expects New Factory To Boost Adhesive Production By 35 Pct

KUALA LUMPUR, Oct 1 (Bernama) -- Water-based industrial adhesives and sealants manufacturer GB Bond Holdings Bhd expects its new factory in Penang to increase production capacity for its adhesive line by 30-35 per cent.