Kuala lumpur: The Dewan Rakyat today passed three motions from the Ministry of Finance with a majority voice vote in support. The motions involved Malaysia’s contribution to the 21st Replenishment of the International Development Association (IDA), th…
Kuala lumpur: Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025. Its chief…
Singapore: Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029. Its head of Asia-Pacific infrastructure and project finance ratings, Sajal…
Kuala lumpur: The Government Procurement Bill 2025 introduces a system of checks and balances that limits, rather than enhances, the powers of the finance minister, as clarified by Finance Minister II Datuk Seri Amir Hamzah Azizan. The Bill outlines s…
Kuala lumpur: Tenaga Nasional Bhd (TNB) today unveiled its financial results for the first half of the financial year ending December 31, 2025, emphasizing its dedication to nation-building and community support while ensuring sustainable returns to i…
Kuala lumpur: Ascend Airways Malaysia is confident of the prospects of its aircraft, crew, maintenance, and insurance (ACMI) business, with operations targeted to commence by mid-November this year in line with rising demand and interest in Malaysia a…