Sarawak: Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million. The construction and engineering firm announced that this significant transaction allows the …
Kuala lumpur: Bank Negara Malaysia’s (BNM) international reserves stood at US$129.5 billion as at May 15, 2026. In a statement today, the central bank said the reserves position is sufficient to finance 4.6 months of imports of goods and services, and…
Southeast asia: Southeast Asia’s green economy has reached a valuation of US$290 billion this year, but a significant gap exceeding 35 percent has emerged between announced and deployed green capital expenditure (Capex) across the region’s power and e…
Seremban: Local halal sauces and condiments manufacturer, Mahsuri Food Sdn Bhd has launched its new state-of-the-art production facility in Seremban, Negeri Sembilan, marking its efforts to scale its production capabilities and efficiency.
According…
Kuala lumpur: The Malaysian Investment Development Authority (MIDA) is intensifying engagement with Nordic investors to position Malaysia’s New Incentive Framework (NIF) and broader facilitation ecosystem as key advantages for high-quality foreign inv…
Perak: Chinese automotive component manufacturer Yantai Yatong Precision Mechanical Corporation is investing RM160 million to set up a new factory in Perak, further strengthening the state’s position as a growing automotive industry hub. Menteri Besar…