From left: Ke Yee (Founder of Notti Pet Food), Amanda Cham (500 Global), Joel Neoh (First Move), Audra Pakalnyte (First Move) Notti Pet Food, the innovative pioneer behind Southeast Asia’s first slow-baked super premium kibbles, has secured seed investment of RM2.4 million (US$0.5 million) from 500 Global and First Move, marking a major milestone in the bootstrapped… Source link
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[KUALA LUMPUR] The energy division of Malaysia’s leisure and hospitality giant Genting has signed two deals worth over US$1 billion with Chinese power and oil-and-gas companies, signalling a major expansion in its energy-generating capacity and its push for clean energy. One deal involves acquiring a 49 per cent stake in China-based SDIC Jineng (Zhoushan) Gas Power Generation for 100… Source link
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A Malaysia Airlines flight bound for Kuala Lumpur from Rajiv Gandhi International Airport in Hyderabad faced a mid-air technical issue early Thursday morning, prompting an unscheduled return to the airport. Flight MH 199, carrying 138 passengers, took off at 12:45 am local time but encountered a problem with one of its engines shortly after departure. Safety protocols prompt return Source link
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With the concerted efforts of business communities and individuals across various sectors in both China and Malaysia, the next 50 years of China-Malaysia relations promise to be another golden era, Chinese Premier Li Qiang said on Thursday. Li made the remarks when attending the luncheon of the China-Malaysia business… Source link
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Fully committed to 5G Dual Network model, ready to build Malaysia’s second 5G network All key elements of its modernised network are 5G-ready – RAN, core and transport CelcomDigi Bhd today announced that it is ready to complete the conditional Share Subscription Agreement (SSA) and commence the process to build Malaysia’s second 5G network. In a Bursa Malaysia filing, the… Source link
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KUALA LUMPUR (June 20): The Ministry of Investment, Trade and Industry (Miti) has facilitated the exchange of 11 memoranda of understanding (MOUs) between Malaysian and Chinese entities, with total potential investment of RM13.2 billion. Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ministry is pleased to see the government-to-government collaborative spirit “cascading” to the… Source link
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KUALA LUMPUR, June 20 (Bernama) — The Ministry of Investment, Trade and Industry (MITI) has facilitated the exchange of 11 memorandums of understanding (MOU) between Malaysian and Chinese entities with a total potential investment of RM13.2 billion. Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ministry is pleased to see the government-to-government collaborative spirit… Source link
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MALAYSIA’S central bank has been increasingly using currency forwards to support the ringgit, easing pressure on its foreign-exchange reserves. Bank Negara Malaysia’s net forward FX position widened to negative US$27.7 billion in April – reflecting a record net short position its the forward books – showing a preference for using that avenue to bolster its currency. At the same time,… Source link
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Digital solutions beneficial to master cash flow and navigate financial challenges MALAYSIA’S small and medium enterprises (SMEs) are the backbone of the nation’s economy, comprising about 97% of all businesses and employing nearly half of the country’s workforce. Lacking the substantial capital and… Source link
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