KUALA LUMPUR: Signature International Bhd has proposed to acquire 765,000 ordinary shares or 51% equity interest in Space Alliance Contracts Sdn Bhd for RM15.3mil cash to expand into a full-fledged design and build interior fit-out company. Read full story
KUALA LUMPUR: Maybank Kim Eng Group has planned to align its brand name and entity name to Maybank as the master brand, removing Kim Eng from the name and logo, and is now known as Maybank Investment Banking Group (Maybank IBG). Read full story
KUALA LUMPUR: Bank Negara Malaysia (BNM) has no immediate plan to issue Central Bank Digital Currency (CBDC), Deputy Finance Minister II Yamani Hafez Musa said. Read full story
KUALA LUMPUR: Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd are the first companies that have joined Digital Nasional Berhad’s (DNB) 5G Radio Access Network (RAN). Read full story
THE United States will add eight Chinese companies, including the world’s largest commercial drone manufacturer DJI Technology Co Ltd, to an investment blacklist this week, the Financial Times reported on Wednesday. Read full story
SHANGHAI: China’s central bank partially rolled over maturing medium-term loans on Wednesday as it sought to boost liquidity, while market participants expected the central bank to implement more easing measures to help arrest the economic slowdown. Read full story
KUALA LUMPUR: Serba Dinamik Holdings Bhd has triggered PN17 criteria but will not be classified as such following the COVID-19 relief measures. Read full story
KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has launched its responsible employment charter to outline the commitment of its members to the responsible recruitment and treatment of their workers. Read full story
KUALA LUMPUR: Straits Energy Resources Bhd’s unit Victoria STS (Labuan) Sdn Bhd has signed a heads of agreement with Fendercare Marine (Asia Pacific) Pte Ltd to collaborate on providing ship-to-ship (STS) services at the port limit of Victoria Bay in Labuan. Read full story
TOKYO: Toyota Motor Co said on Wednesday it planned to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shortages. Read full story
KUALA LUMPUR: Bursa Malaysia ended slightly higher today on bargain hunting in selected heavyweights amid cautious trading, dealers said. Read full story
KUALA LUMPUR: Global gross domestic product (GDP) is expected to grow by 5.5 per cent this year and 4.1 per cent in 2022 as the Omicron variant’s arrival increases uncertainty and downside risk about the near-term trajectory, according to Moody’s Analytics. Read full story