1d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Zetrix AI acknowledges that a dissolution event had been triggered under its Sukuk Wakalah Programme following a breach of a covenant requiring Wong Thean Soon to remain its single largest shareholder.
2d ago
BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- Permodalan Nasional Bhd (PNB) is exploring a collaboration with the Malaysian National News Agency (Bernama) to expand efforts to strengthen public financial literacy, especially to encourage Malaysians to save and invest.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The federal government has always prioritised projects proposed by the state governments, including increasing allocations to all states, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) – The government is prioritising the Rural Roads Programme (JALB) project financing with the total allocation for 2026 rising to RM3.1 billion from the original allocation of RM2.11 billion, according to the Finance Ministry (MoF).
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The federal government will continue to implement the Sales and Service Tax (SST), as the Goods and Services Tax (GST) will not be considered due to the ongoing burden of the cost of living.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- An estimated 41,334 smallholder oil palm farmers covering 105,172.67 hectares have been identified as being under the Oil Palm Smallholder Replanting Financing Incentive Scheme 2.0 (TSPKS 2.0), according to the Ministry of Plantation and Commodities (KPK).
2d ago
KUANTAN, Oct 29 (Bernama) -- A RM850 million floating solar photovoltaic (PV) project at Chereh Dam in Pahang is expected to create about 1,500 jobs and generate clean electricity equivalent to the annual consumption of 100,000 households.