News
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Key energy transition trends to watch in 2022
CO2 emissions to hit record high in 2022 despite greater focus on climate; emissions policy is on the ballot in key markets Read full story
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MPOB: CPO price to average at RM3,800 a tonne in 2022 on improved production
PUTRAJAYA: The crude palm oil (CPO) price is expected to average at RM3,800 per tonne in 2022 on improved palm oil production, in line with the performance of other major vegetable oils prices amid the recovery in production and stock, the Malaysian Palm Oil Board (MPOB) said. Read full story
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Malaysia receives RM340.92mil from KPMG in 1MDB settlement
KUALA LUMPUR: The Government has received RM340.92mil from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Bhd (1MDB). Read full story
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KLCI closes higher but broader market weak
KUALA LUMPUR: The FBM KLCI ended higher on Thursday with continuous buying from foreign funds but the broader market was weak in line with the cautious key Asian markets. Read full story
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MARC Ratings assigns preliminary rating of AA-IS(CG) to KPJ-guaranteed RM3bil sukuk
KUALA LUMPUR: MARC Ratings has assigned a preliminary rating of AA-IS(CG) to Point Zone (M) Sdn Bhd’s proposed Islamic Medium-Term Notes (Sukuk Wakalah) programme of up to RM3bil with a stable outlook. Read full story
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Asia Poly to acquire 100% stake in Keng Imports & Exports
KUALA LUMPUR: Asia Poly Holdings Bhd has proposed to acquire a 100% stake in Keng Imports & Exports Sdn Bhd (KIESB) for RM24.01mil. Read full story
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Bursa Malaysia Derivatives hit record trading volumes in 2021
KUALA LUMPUR: Bursa Malaysia Derivatives Bhd registered an all-time high in trading volume for 2021, given the continued acceleration in its growth momentum throughout last year. Read full story
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Metronic Global inks 25-year solar PV deal with Technology PP Industries
KUALA LUMPUR: Metronic Global Bhd has signed a solar power purchase agreement (SPPA) with Technology PP Industries (Northern) Sdn Bhd under a solar leasing model in Kedah. Read full story
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Govt allocates RM20.107bil to 357,402 employers through PSU
KUALA LUMPUR: The government has channelled RM20.107 billion to 357,402 employers through the Wage Subsidy Programme (PSU) to maintain the employment of 2,951,245 local workers in an effort to reduce the unemployment rate among Malaysian workers. Read full story
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Bursa dismisses AirAsia's PN17 appeal
KUALA LUMPUR: AirAsia Group Bhd’s application to extend the relief period from being classified as a Practice Note 17 (PN17) company has been dismissed. Read full story
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