Business

Agrobank Launches First Mobile ATM in Malaysia

Agrobank today launches its first mobile Automated Teller Machine (ATM) and among the first in Malaysia to provide mobile ATM services to nine (9) districts of southern region in Sarawak to serve the local communities. The launching ceremony was officiated by Datuk Patinggi (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, […]

BornOil to Expand Pahang Mining Activities

The Borneo Oil Berhad (BornOil) group has expanded its mining activities in Pahang following the approval of a new mining lease pursuant to its Exclusive Production Sharing Agreement (EPSA) with HDL Global Sdn Bhd (HDL). The new lease forms part of a mining area measuring approximately 1,200 hectares (3,000 acres) at an area located at Hutan Simpan Bukit Ibam, Keratong, Rompin, Pahang contracted to […]

Financial Markets

BornOil Acquires 166m Shares in Verde Resoruces

In an announcement to Bursa Malaysia Securities today, Borneo Oil Berhad (Bornoil) said its indirect wholly-owned subsidiary, Borneo Energy Sdn Bhd (BOE), has entered into a sale and purchase agreement with Gold Billion Global Limited (GBG) for the disposal of technology assets and intellectual property rights for a total consideration of USD5 million. In return, BOE would […]

Regulators Urge Investor Caution on Social Media Influence

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by social media chatrooms against short-sellers. Malaysian investors are advised to be cautious of social media chatrooms that try to influence investors […]

CEOs’ Business Confidence Shaken in The Wake of COVID-19 Crisis

According to the 2020 KPMG Global CEO Outlook report, only 22 percent of CEOs in Asia Pacific remain confident about the growth prospects of the global economy over the next three years (a significant drop from 67 percent in January 2020). But on a more positive note, CEOs are much more assured in the resilience of their […]

Society

UOB Launches 2021 Painting of the Year (Malaysia) Competition

UOB Malaysia is calling for artists to push the limits of their imagination and ingenuity as the Bank launches the 2021 UOB Painting of the Year (Malaysia) competition. This year, one of Southeast Asia’s most prestigious annual art awards invites artists to create artworks that showcase their creativity and mastery. The 2021 UOB Painting of […]

Petronas Uplifts Hari Raya Festive Spirit

PETRONAS celebrates Syawal this year with a fully animated Hari Raya Aidilfitri Webfilm titled “Syukur Raya”, a story presented in a fun and cheeky ‘seloka’ that explores themes of compassion and kindness. “Syukur Raya” is narrated by a spotted dove named Syuk-kur – a wordplay of ‘syukur’ (thankfulness) and ‘tekukur’ (the Malay term for dove). […]