OMAHA, Neb.,: The longtime chief executive of running shoe maker Brooks Running, a unit of Warren Buffett’s Berkshire Hathaway Inc aims to more than triple revenue over the next decade, overcoming effects from supply chain disruptions and a lingering pandemic. Read full story
BEIJING: China’s factory activity contracted at a steeper pace in April, as widespread COVID-19 lockdowns curbed production and disrupted supply chains, an official survey showed on Saturday. Read full story
KUALA LUMPUR: Oil palm plantations and palm oil processing facilities need to comply with the new Malaysian Sustainable Palm Oil (MSPO) 2022 standards, said Malaysian Palm Oil Board (MPOB) director-general, Datuk Dr Ahmad Parveez Ghulam Kadir. Read full story
KUALA LUMPUR: Samaiden Group Bhd’s wholly-owned subsidiary, Samaiden Sdn Bhd (SSB) has accepted a letter of award from Heliosel Sdn Bhd (Heliosel) in relation to the development of a SelfConsumption (SelCo) solar photovoltaic plant in Selangor. Read full story
KUALA LUMPUR: Bank Negara has announced the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia. Read full story
KUALA LUMPUR: Cnergenz Bhd has launched the prospectus for its initial public offering (IPO) on the ACE Market of Bursa Malaysia. Read full story
BEIJING: China will step up policy support to stabilise the economy, including its embattled internet platforms, as domestic COVID-19 outbreaks and the Ukraine war raise risks, a top decision-making body of the ruling Communist Party said on Friday, lifting markets. Read full story
KUALA LUMPUR: The FBM KLCI pared gains in the final hour of trading Friday, but remained above the 1,600 psychological level. Read full story
KUALA LUMPUR: Sapura Energy Bhd has appointed Datuk Mohammad Azlan Abdullah as chairman, effective May 7, 2022, succeeding Tan Sri Shamsul Azhar Abbas. Read full story
KUALA LUMPUR: The Securities Commission (SC) has appointed Yew Yee Tee and Shamsul Bahriah Shamsudin as general counsel and director respectively. Read full story
KUALA LUMPUR: AmBank Group has appointed Tan Sri Md Nor Yusof as chairman following the retirement of Tan Sri Azman Hashim on April 29. Read full story
KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has issued RM900 million in nominal value of Basel III-compliant Additional Tier 1 Green Capital Securities, pursuant to its multi-currency Additional Tier 1 capital securities programme. Read full story