News
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Westports' container and conventional facilities not affected by floods
KUALA LUMPUR: Westports Holdings Bhd has announced that the container and conventional facilities at Westports, Port Klang were not impacted by the flash floods on Dec 17 and 18, 2021. Read full story
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Eagle US' share in LACC LCC remains at 46.77% – Lotte
KUALA LUMPUR:Lotte Chemical Titan Holding Bhd (LCT) has announced that the Eagle US2 LLC’s (Eagle US) shareholding in LACC LCC — a joint venture of Lotte Chemical Corporation’s subsidiary, Lotte Chemical USA Corp (LC USA) and Eagle US — will remain at 46.77 per cent. Read full story
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Kuala Lumpur leaps to 15th place of Top 20 Asia fintech hubs
KUALA LUMPUR: Kuala Lumpur leap 11 places to number 15 of the Top 20 Asia Fintech Hubs, according to Asia Pacific Fintech Rankings: Bridging Divides report. Read full story
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Gold hovers near 3-week high as Omicron fears boost safe-haven appeal
GOLD prices steadied on Monday near a three-week high scaled last week, as fears over the rapidly spreading Omicron coronavirus variant buoyed the metal’s safe-haven appeal. Read full story
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Bursa Malaysia closes lower, regional sentiment remains weak
KUALA LUMPUR: Bursa Malaysia ended lower today in line with the weaker regional market sentiment, driven by continued selling in selected heavyweights led by Press Metal and Tenaga Nasional (TNB). Read full story
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EAC recommends eight reset agendas to spur economy post-Covid
KUALA LUMPUR: The Economic Action Council (EAC) secretariat has identified eight reset agendas for the government to consider as strategic thrusts to drive the national economic transformation in the new post-COVID-19 crisis landscape. Read full story
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Bursa Malaysia to be sole approving authority for ACE Market IPOs
KUALA LUMPUR: The Securities Commission and Bursa Malaysia Securities have announced that the exchange will be the sole approving authority for ACE Market initial public offerings (IPO), effective Jan 1, 2022. Read full story
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CIMB offers financial relief those affected by floods
KUALA LUMPUR: CIMB Group Holdings Bhd will be providing financial obligation payment relief to customers that have been affected by the recent floods and committed RM2mil towards providing on-ground community assistance and recovery support. Read full story
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HeiTech Padu accepts RM21.7mil network infrastructure job for PNB's Merdeka 118 office
KUALA LUMPUR: HeiTech Padu Bhd has accepted a contract for the installation of network infrastructure for the new office of Permodalan Nasional Bhd at Merdeka 118. Read full story
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Tomypak's subsidiary adequately insured of up to RM351mil coverage
KUALA LUMPUR: Tomypak Holdings Bhd has reiterated that its wholly-owned subsidiary, Tomypak Flexible Packaging Sdn Bhd (TFPSB), has adequate insurance coverage of up to RM271 million for property damage and stock in trade and RM80 million for business interruption of up to 24 months. Read full story
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