Penang: Galatek Technologies (Galatek) has opened its manufacturing, assembly, and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development. Chief Minis…
Brent: Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05).
According to BERNAMA News Agency, CIMB Investment Bank Bhd noted t…
Bursa malaysia: Bursa Malaysia Securities Bhd has issued an Unusual Market Activity (UMA) query to Paragon Union Bhd following a sharp fall in the company’s share price today. At 4.41 pm, the group’s share price slipped by RM1.39, or 29.83
Kuala lumpur: Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today entered into a strategic agreement for the acquisition of 300 units of the Maxus eDeliver 5 electric commercial van. The partnership marks a significant ste…
Hong kong: Global credit rating agency, AM Best, has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of ‘a-‘ (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive). The outlook for these cred…
Kuala lumpur: The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said. He said fresh hopes of a peace
