RHB Unveils Malaysia’s First Sustainable Cross-currency Repo

KUALA LUMPUR, RHB Banking Group has launched Malaysia’s first sustainable use-of-proceeds (UOP) cross-currency repurchase (repo) transaction.

In a statement, the group credited its collaboration with BNP Paribas Malaysia Bhd for enabling the UOP rep…

Selangor Export Day 2024 To Boost State’s Trade And Exports – MATRADE

KUALA LUMPUR, The Malaysia External Trade Development Corporation (MATRADE) hopes that hosting the Selangor Export Daya 2024 event will boost the state’s trade and encourage more companies to be involved in the export business.

Its senior board memb…

Services, Manufacturing Contribute Bulk Of RM160 Bln Investments In First Half Of 2024 – Tengku Zafrul

KUALA LUMPUR, Malaysia has demonstrated its resilience and continued appeal to investors amid the global economic uncertainty by attracting a substantial 18 per cent year-on-year increase in approved investments to RM160 billion across the services, …

Saudi Fund for Development Marks Five Decades Of Global Impact, Financing Over US$20 Bln Projects

KUALA LUMPUR, The Saudi Fund for Development (SFD) has celebrated its 50th anniversary in Riyadh, bringing together key development partners to reflect its significant contributions to sustainable development worldwide.

Over the past five decades, S…

3forge Secures Funding From Morgan Stanley

KUALA LUMPUR, 3forge, leader in innovative High Impact code solutions for business-critical applications, announced it has closed on an investment by Morgan Stanley.

In a statement, 3forge said this is the first time the company has raised external …

CIMB Securities Sees Higher Earnings From FBM KLCI Component Stocks

KUALA LUMPUR, CIMB Securities Sdn Bhd has revised its FBM KLCI (component stocks) earnings forecast, projecting a 13 per cent growth for 2024 and 8.6 per cent in 2025, up from previous estimates of 11.2 per cent and 8.2 per cent respectively.

This u…

PBH Asset Management Awarded Three-year Pan Borneo Highway Maintenance Contract

KUALA LUMPUR, A three-year contract valued at RM69,248,876.40 for the maintenance of Sarawak’s Pan Borneo Federal Highway (LPB) has been awarded to PBH Asset Management Sdn Bhd.

The Ministry of Works (KKR) announced in a statement that the Letter of…