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Latest Blog Posts for Malaysia Business News

  • Green fund to finance renewable energy
    on Jan 1, 1970
    A renewable energy fund will be established to finance the higher rates that Tenaga Nasional Bhd (TNB) will be paying for renewable energy that will be sold into the electricity grid. This is according to information provided to industry players by...
  • Malaysian firms bid for Bangladesh vessel job
    on Jan 1, 1970
    Two Malaysian companies are bidding to build a vessel, worth nearly RM40 million (US$12.8 million), for the Bangladesh Marine Fisheries Department. Perak-based Grade One Marine Shipyard Sdn Bhd and Marine Systems Engineering (Terengganu) Sdn Bhd, hav...
  • Technip eyes RM1b oil & gas contracts in Malaysia
    on Jan 1, 1970
    France’s Technip, a world leader in project management, engineering and construction for the energy industry, is eyeing contracts worth about US$1 billion (RM2.98 billion) in the Malaysian oil and gas industry this year. Top on the list of proj...
  • MAS upgraded at RHB, stock climbs
    on Jan 1, 1970
    Malaysian Airline System Bhd, the national carrier, rose the most in two weeks in Kuala Lumpur trading after the stock was upgraded to “market perform” at RHB Research Institute Sdn. Its shares climbed 1.4 per cent to RM1.41 at 9:15 a.m. local ti...
  • Skytrax Names Qatar Airways As 2011 Airline Of The Year
    on Jan 1, 1970
    Qatar Airways has been named Airline of the Year at the annual Skytrax World Airline Awards 2011 for its outstanding inflight product and operational excellence. With this prestigious award, Qatar Airways’ global ranking rose to the world’...
  • KL bourse easier, investors stay cautious
    on Jan 1, 1970
    Share prices on Bursa Malaysia ended lower yesterday in very quiet trading as investors remained cautious over US economic developments and the ongoing European debt crisis, a dealer said. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLC...
  • BTM subsidiary gets T’ganu job
    on Jan 1, 1970
    BTM Resources Bhd’s subsidiary Syarikat Maskayu Sawmill Sdn Bhd has secured an agreement to extract forest products from the Terengganu state government. In an announcement to Bursa Malaysia, BTM said the agreement was for a three-year period eff...
  • A sports centre for Setapak
    on Jan 1, 1970
    Air panas in Setapak, Kuala Lumpur is set to have new sports complex soon. The complex, which will cost about RM100mil, is expected to be ready in two to three years. It will provide KL residents a chance to indulge in a variety of sporting activitie...
  • Market down at midday
    on Jan 1, 1970
    The local bourse was down at midday Monday asMaybank, CIMB and RHB Cap reversed gains in recent weeks dragging the benchmark index lower. Asian markets fell as investors worried over the euro-debt crisis turned to safe-haven investments including U...
  • AirAsia-MAS deal: It’s more about growth, not cutting back
    on Jan 1, 1970
    The deal struck between AirAsia Bhd and Khazanah Nasional Bhd will not see AirAsia or Malaysia Airlines cut back on neither routes nor plane orders. AirAsia recently made an order for another 200 aircraft while MAS recently added another 10 aircraft...
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