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World Bank’s International Finance Corp invests RM60m as cornerstone investor in Sunway Healthcare IPO
KUALA LUMPUR, March 18 — The World Bank Group, through the International Finance Corporation (IFC), has invested RM60 million as a cornerstone investor in Sunway Healthcare Holdings Bhd’s initial public offering (IPO). IFC said the investment will enable the company
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Bursa Malaysia ends higher on regional gains, KLCI up 1.10pc
KUALA LUMPUR, March 18 — Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 18.82 points or
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Bursa Malaysia, subsidiaries to close March 20–23 for Hari Raya Aidilfitri
KUALA LUMPUR, March 18 — Bursa Malaysia and its subsidiaries will be closed from Friday to Monday (March 20-23, 2026) in conjunction with the upcoming Hari Raya Aidilfitri public holiday. In a statement today, the exchange said Bursa Malaysia and
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Myanmar imposes 5pc special goods tax on imported electric vehicles
YANGON, March 18 — Myanmar has imposed a 5 per cent special goods tax on imported battery electric vehicles (BEVs) under the 2026 Union Tax Law, the state-owned daily The Global New Light of Myanmar reported today, reported Xinhua. According to the
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Currencies tread water as easing oil prices calm markets ahead of key central bank meetings
TOKYO, March 18 — The US dollar inched higher today as easing crude oil prices steadied currency markets ahead of a series of central bank meetings. The greenback was little changed against the British pound and Japanese yen, which pulled
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Binastra wins RM316.5m Subang Jaya mixed development job, but shares dip to RM2.03 in midday trade
KUALA LUMPUR, March 18 — Binastra Corp Bhd’s wholly owned subsidiary, Binastra Builders Sdn Bhd, has secured a contract worth RM316.5 million from HCK Sentral Sdn Bhd for a mixed development project in Subang Jaya, Selangor. The contract covers Phase
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As Sabah OGSE firms land more contracts, Petronas pledges support for local industry
KOTA KINABALU, March 18 — Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic
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Bursa Malaysia climbs in early trade, tracking Wall Street gains despite oil jitters
KUALA LUMPUR, March 18 — Bursa Malaysia opened higher on Wednesday, in line with Wall Street’s gains overnight, despite volatility in crude oil prices, which remained above the US$100 mark. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI)
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Yamada Consulting & Spire opens new KL office, signals shift from manufacturing to ‘co-creation’ in Japan-Malaysia ties
KUALA LUMPUR, March 17 — Yamada Consulting & Spire officially inaugurated its new office space in Malaysia, marking a significant step in its regional strategy to bridge Japanese investments with local enterprises. The Grand Opening ceremony, held at Menara Mercu
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YTL AI Labs teams up with Nvidia to launch Ilmu‑Nemo‑30B, fine‑tuned for Malaysian datasets and local needs
KUALA LUMPUR, March 17 — YTL AI Labs has collaborated with Nvidia to advance Malaysia’s sovereign artificial intelligence (AI) capabilities, using Nvidia’s Nemotron open models. In a statement today, the AI research and development unit under YTL Power International Bhd
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