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Nam Cheong signs MoU with Labuan Corporation to expand offshore marine services

KUALA LUMPUR, Nov 18  -- Malaysia’s Offshore Support Vessel (OSV) providers Nam Cheong Limited (Nam Cheong) through its wholly-owned subsidiary Nam Cheong Dockyard Sdn Bhd (Nam Cheong Dockyard) has signed a memorandum of understanding (MoU) with Labuan Corporation.

Businesses need to hurry up for Expo 2020 Dubai registration

DUBAI (UAE), Nov 18 -- Entrepreneurs and companies, as well as small and medium enterprises (SMEs), have two weeks left to register for the Malaysia Pavilion at the World Expo 2020 here.

Serba Dinamik eyeing more smart maintenance projects

Exclusive report by Siti Radziah Hamzah

KUALA LUMPUR, Nov 18 -- Engineering services provider Serba Dinamik Holdings Bhd plans to aggressively look for opportunities for smart maintenance projects next year, said group managing director and chief executive officer Datuk Dr Mohd Karim Abdullah.

Dr Mahathir to officiate world’s largest palm oil congress

KUALA LUMPUR, Nov 15 -- Prime Minister Tun Dr Mahathir Mohamad will be officiating the upcoming world’s largest palm oil congress, the International Palm Oil Congress and Exhibition (PIPOC) organised by the Malaysian Palm Oil Board (MPOB), to be held here from Nov 19-21.

Sarawak's Petroleum tax payment: We are still negotiating, says Petronas

KUCHING, Nov 15 -- Petroliam Nasional Bhd (Petronas) is still negotiating with Sarawak government with regard to payment of the five per cent petroleum products sales tax that it owes to the state, said its chairman Datuk Ahmad Nizam Salleh.

Gas Malaysia Q3 net profit up on higher natural gas volume, tariff

KUALA LUMPUR, Nov 14 -- Gas Malaysia Bhd’s net profit rose to RM46.48 million in the third quarter ended Sept 30, 2019 (Q3) from RM41.42 million recorded in the same quarter last year.

Solarvest's IPO oversubscribed by 35 times

KUALA LUMPUR, Nov 14 -- Solarvest Holdings Bhd, which is slated for a listing on Bursa Malaysia's ACE Market on Nov 26, today announced that the public portion of its initial public offering (IPO) has been oversubscribed by 35 times.

Startups must look beyond information technology - Serba Dinamik founder

KUALA LUMPUR, Nov 14 -- Serba Dinamik group managing director and group chief executive director Datuk Dr Mohd Abdul Karim Abdullah has called for a change of mindset among startups, urging them to look beyond information technology (IT) as their preferred business choice.

Malaysia partners 2 international supply chain managers for palm oil export

PUTRAJAYA, Nov 14 -- Malaysia strikes key palm oil partnership deals with two major supply chain managers in the United Arab Emirates (UAE) and China to facilitate greater palm oil penetration in China, India and the Indian sub-continent.

108 local companies benefitted from Petronas' VDP program as of Oct this year

KUALA LUMPUR, Nov 13 -- A total of 108 local companies have benefited from the Petronas’ Vendor Development Program (VDP) with approximately RM9 billion worth of contracts as of October this year.