Petronas Urges Agility, Resilience In OGSE Sector To Drive Nation-building Efforts

KUALA LUMPUR, The players in the oil and gas services and equipment (OGSE) industry must remain agile and resilient to thrive in the constantly evolving industry landscape and effectively contribute to nation-building.

Petronas senior vice president…

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…

Northport Hits All-time High, Handling 365,558 TEUs In August

KUALA LUMPUR, Northport (Malaysia) Bhd recorded its highest-ever monthly container throughput for the second consecutive month, handling 365,558 twenty-foot equivalent units (TEUs) in August 2024, up from 354,548 TEUs in July 2024.

The company also …

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 …

Nestle Sets Policy Prioritising Malaysian Workers At Its Factory

SHAH ALAM, Nestle Malaysia’s factory in Batu Tiga, which has been a cornerstone of the company’s operation since 1971 in producing Maggi products, has set a policy of prioritising Malaysians for its workforce.

The business executive officer of Maggi…

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…

Toshiba Begins Sampling Of Automotive CXPI Responder Interface IC

KUALA LUMPUR, Toshiba Electronic Devices and Storage Corporation (Toshiba) has started to provide samples of ‘TB9033FTG’, an automotive Clock Extension Peripheral Interface (CXPI) responder interface IC that conforms to the CXPI standard for automoti…