Features

MARA Targets RM2.2 Bil Investment Pipeline By 2030
Majlis Amanah Rakyat (MARA) has allocated RM2.2 billion for targeted, high-impact investments up to 2030 as it intensifies efforts to strengthen its asset base, diversify income streams, and drive long-term

Nissan Announces 900 Job Cuts In Europe
Nissan Motor plans to cut around 900 jobs in Europe, or about 10% of its regional workforce, as part of a broader global restructuring effort aimed at improving profitability and

Bina Puri Buys Water Firm In Sarawak
Bina Puri Holdings Bhd is acquiring full control of Enforture (Sarawak) Sdn Bhd, a water treatment engineering company, for an upfront cash payment of RM100,000, along with additional payments tied

FWD Takaful And MBSB Bank Sign 10-Year Bancatakaful Partnership
FWD Takaful Berhad (“FWD Takaful”) announced the strategic bancatakaful partnership with MBSB Bank Berhad (“MBSB Bank”), a full-fledged Islamic bank dedicated to offering innovative and Shariah-compliant products and services in

CIMB Niaga To Spin Off Islamic Banking Unit In Q4
PT Bank CIMB Niaga Tbk, the Indonesian subsidiary of CIMB Group Holdings Bhd, is set to spin off its Islamic banking business into a standalone bank in the fourth quarter

IQ Group To Shut Penang Factory, Retrench 37 Staff As Orders Fall
IQ Group Holdings Bhd is closing its manufacturing operations in Penang that produce motion sensors and lighting products due to declining orders. The company said in a Bursa Malaysia filing



