News
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Lim Chee Sing appointed external member of Bank Negara MPC
KUALA LUMPUR: Bank Negara has appointed Lim Chee Sing as an external member of the monetary policy committee for a two-year term effective Jan 1, 2022. Read full story
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Singapore Airlines aims to raise US$500mil-US$750mil in U.S. bond deal
SYDNEY: Singapore Airlines is aiming to raise $500 million to $750 million in a U.S. dollar bond deal, two sources with direct knowledge of the matter told Reuters on condition of anonymity as the information was not yet public. Read full story
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Indonesia considers coal levy as easing of export ban calms markets
JAKARTA: Chinese thermal coal futures fell on Tuesday after Indonesia, the world’s biggest thermal coal exporter, eased a ban on overseas shipments that surprised buyers at the start of the year, alleviating concerns about supply disruptions. Read full story
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Pharmaniaga receives conditional letter for continuation of medical supply logistics
KUALA LUMPUR: Pharmaniaga Bhd has received a letter from the Ministry of Health (MOH) agreeing in principle for the continuation of medical supply logistics services to MOH facilities for a period of 10 years. Read full story
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FBM KLCI bucks regional trend to end at intraday high
KUALA LUMPUR: The FBM KLCI bucked the regional trend to end higher for three straight sessions amid a cautious broader market. Read full story
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Time Dotcom to acquire office building for RM62mil cash
KUALA LUMPUR: TIME Dotcom Bhd has proposed to acquire a 13-storey purpose-built office building together with 95 car park bays from the Employees Provident Fund Board (EPF) for RM62mil cash Read full story
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Lim Wee Chai resigns as Tropicana chairman
KUALA LUMPUR: Tan Sri Dr Lim Wee Chai has tendered his resignation as Tropicana Corp Bhd chairman. Read full story
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HLT proposes private placement to boost rubber glove production capacity
KUALA LUMPUR: HLT Global Bhd has proposed a private placement of 20 per cent of its issued shares to partly finance a new glove-dipping plant and installation of new lines. Read full story
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Willowglen secures RM7.7mil contract from Prasarana
KUALA LUMPUR: Willowglen MSC Bhd’s wholly owned subsidiary, Willowglen (Malaysia) Sdn Bhd has secured a contract worth RM7.7mil by Prasarana Malaysia Bhd. Read full story
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High global coal prices putting pressure on Malaysia's power sector
KUALA LUMPUR: Coal is one of the major sources of energy used for generating electricity worldwide. Being fully imported into Malaysia, this commodity plays a large role in the nation’s energy scheme. Read full story
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