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PETALING JAYA: UEM Sunrise Bhd returned to profitability in the first quarter ended March 31, 2022 (1Q22) with a net profit of RM19.02mil compared to a loss of RM4.3mil in the same period a year ago.
KUALA LUMPUR: UEM Sunrise Bhd returned to the black in the first quarter ended March 31, 2022 (1Q22) with a net profit of RM19.02mil compared to a loss of RM4.3mil in the same period last year.
SINGAPORE: The Singapore economy grew by 3.7 per cent on a year-on-year basis in the first quarter of 2022, moderating from the 6.1 per cent expansion in the previous quarter, the republic’s Ministry of Trade and Industry (MTI) said.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed a production sharing contract (PSC) with SK earthon Co Ltd (SK earthon) and Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP) for Block SK427 off the coast of Sarawak.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about RM600 million in exploration activities in Malaysia.
KUALA LUMPUR: Analysts have given the thumbs up to IHH Healthcare Bhd's proposal to acquire the healthcare joint venture between Ramsay Health Care Ltd and Sime Darby Holdings Bhd as it expands on its network of private hospitals in Malaysia.
SINGAPORE appears to be shutting its doors to foreign talent just as the exodus of expatriates from Hong Kong gathers pace. The government recently tightened visa rules for white-collar workers, adding hoops to a process that employers already complain is too onerous.
PUTRAJAYA: Malaysia saw some RM16.5bil worth of digital investments approved by the government in 2021 and is on track to achieving the RM70bil investment target by 2025.