Kuala Lumpur: Tenaga Nasional Bhd (TNB) has significantly increased its budgeted capital expenditure (capex) to RM42.9 billion, which includes RM26.6 billion in base capex and RM16.3 billion in contingent capex, to advance infrastructure development f…
Kuala Lumpur: IJM Corp Bhd has completed the acquisition of a 50 percent equity stake in UK-based contractor JRL Group Holdings Ltd for £50 million (approximately RM283 million), through the subscription of new ordinary shares. IJM stated that the str…
Kuala Lumpur: The Association of Southeast Asian Nations (ASEAN), with a particular emphasis on Malaysia, presents market diversification opportunities for the European Free Trade Association (EFTA) to extend its trade influence, announced the Head of…
Kuala Lumpur: The Asian Development Bank (ADB) committed US$24.3 billion (US$1 = RM4.39) from its own resources last year, alongside US$14.9 billion in cofinancing with its partners, to address a range of complex development challenges in Asia and the…
Johor Bahru: Foreign direct investment (FDI) remained the primary source of new investment in Johor, accounting for about 80 percent of the RM23 billion in proposed investments recorded in April. Johor investment, trade, consumer affairs and human res…
New York: The US dollar climbed in late trading on Wednesday, reported Xinhua. The dollar index, which measures the greenback against six major peers, increased by 0.94 percent to 99.844 at 3:00 pm (1900 GMT).
According to BERNAMA News Agency,
