<div class=newsTextDataWrapInner>SINGAPORE (June 3): Swiss pharmaceutical company Lonza has announced on June 2, that it has expanded its collaboration with biotech company Moderna.</div>

<div class=newsTextDataWrapInner>This comes after the announcement of a 10-year strategic collaboration agreement signed between both companies in May 2020 to enable the manufacture of the Moderna Covid-19 vaccine and additional Moderna products in future.</div>

<div class=newsTextDataWrapInner>The expanded partnership will see Lonza extending<a href="https://www.theedgesingapore.com/news/covid-19/lonza-expands-collaboration-moderna-manufacturing-covid-19-vaccine" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (June 3): Swiss pharmaceutical company Lonza has announced on June 2, that it has expanded its collaboration with biotech company Moderna.

This comes after the announcement of a 10-year strategic collaboration agreement signed between both companies in May 2020 to enable the manufacture of the Moderna Covid-19 vaccine and additional Moderna products in future.

Lonza expands collaboration with Moderna for manufacturing of Covid-19 vaccine

KUALA LUMPUR (Nov 22): The Malaysia External Trade Development Corporation (Matrade) and the Vietnam Trade Promotion Agency (Vietrade) have taken a significant step in collaborating strategically to create new business opportunities, enhance economic resilience, and drive bilateral trade growth.

Matrade, Vietrade to strengthen bilateral trade promotion

KUALA LUMPUR (Nov 22): The Royal Malaysian Police (PDRM) may seek new testimony from existing witnesses that could provide additional insights into the investigation of Teoh Beng Hock’s death, following the court’s directive on Thursday (Nov 21).

IGP: Police to consult AG’s Chambers in completing investigation on Beng Hock

Malaysia's international reserves rebounded and added about US$400 million (RM1.79 billion) by the middle of November.

Malaysia's foreign exchange reserves rebounded to US$118b in mid-November, BNM data show

Some global banks are considering temporarily halting fresh credit to India's Adani Group but staying put with existing loans following US prosecutors' indictment of its billionaire founder Gautam Adani for fraud, sources said.

Global banks weigh halting fresh credit to India's Adani after US indictment — Reuters

BENGALURU (Nov 22): S&P Global Ratings lowered its outlook on three Adani Group entities to "negative" from "stable" on Friday, citing risks to funding access following a US indictment of the conglomerate's billionaire founder Gautam Adani on bribery charges.

S&P lowers outlook on three Adani units after US indictment of founder

Offshore oil-and-gas services firm Bumi Armada Bhd (KL:ARMADA) said on Friday its third quarter net profit rose 19% from a year earlier as operating margins expanded with lower costs.

Bumi Armada's 3Q net profit rises 19%, no update on merger with MISC's offshore unit

The Royal Malaysian Police (PDRM) has no information on the whereabouts of wanted businessman Jho Low, who is reportedly in Myanmar, said Inspector-General of Police (IGP) Tan Sri Razarudin Husain.

We have no information on Jho Low's whereabouts, says IGP

Japan is set to kick off discussions on raising the basic tax-free income allowance in effective permanent tax cuts worth up to US$51 billion (RM227.86 billion), a step that could also help ease constraints on part-time workers amid intensifying labour shortages.

Japan considering raising income tax threshold in fresh economic stimulus

GEORGE TOWN (Nov 22): Frequent water supply disruptions, high industrial land prices and talent shortages are among challenges faced by the Penang government in its effort to position the state as the Silicon Valley of the East.

Chow: Water supply disruptions, land prices among challenges in Penang’s Silicon Valley ambitions

KUALA LUMPUR (Nov 22): Hong Kong-based energy services firm Unity Group Holdings International Ltd said it is planning a secondary listing in Malaysia.

Hong Kong-based Unity Group pursues secondary listing on Bursa Malaysia

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places like Bangkok and Kuala Lumpur as the discount carrier looks to move on from its tumultuous pandemic years.

AirAsia founder plots low-cost Dubai-like hub in Bangkok, KL

KUALA LUMPUR (Nov 22): Globetronics Technology Bhd (KL:GTRONIC) surged as top most-actively-traded stocks on Friday morning, after the company secured a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. &nbsp;

Globetronics shares surge on RM145m contract win with Taiwan’s ChipMOS

KUALA LUMPUR (Nov 22): Shares of DRB-Hicom Bhd (KL:DRBHCOM) fell on Friday to their lowest in more than four years, after the automotive-to-banking conglomerate reported weaker than expected quarterly results.

DRB-Hicom shares fall to over four-year low, analysts divided over outlook after 3Q

Affin Bank Bhd (KL:AFFIN) said on Friday its net profit surged in the third quarter thanks to an increase in both interest and non-interest income, as well as impairment writeback and foreign exchange gains.

Affin Bank 3Q net profit surges on higher interest income; writeback, forex gain also provide boost

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man berates PDD, ByteDance for months of misery

Gold was headed for its largest weekly gain in nearly eight months on Friday and the euro hovered at a 13-month low as Russia lowered its threshold for using nuclear weapons and fired a hypersonic ballistic missile at Ukraine.

Gold surges and euro sags as broader war risks rise 

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

CapitaLand warns of China losses as Singapore property investor cuts exposure

Now is an opportune time to accumulate Dayang Enterprise Holdings Bhd (KL:DAYANG) shares given its undemanding valuations, said CGS International.

Good opportunity to accumulate Dayang shares — CGS

US President-elect Donald Trump said on Thursday he would nominate former Florida attorney general and loyalist Pam Bondi to be US attorney general, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

Trump picks Pam Bondi for US attorney general after Gaetz withdraws

TOKYO (Nov 22): Nissan&nbsp;Motor&nbsp;will cut or transfer about 1,000 jobs in Thailand, as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

Nissan to cut or transfer about 1,000 jobs in Thailand — Reuters

KUALA LUMPUR (Nov 22): Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched on Friday, its latest condominium development named Oaka Residences at Bukit Jalil, Kuala Lumpur. The project has a gross development value (GDV) of RM373 million.&nbsp;

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

Inflation in Malaysia picked up slightly and was a tad faster than expected in October as prices of food and personal care products, including jewellery, rose, official data released on Friday showed.

Inflation in Malaysia picks up slightly in October, official data shows

KUALA LUMPUR (Nov 22): Hong Kong-based energy services firm Unity Group Holdings International Ltd said it is planning a secondary listing in Malaysia.

KUALA LUMPUR (Nov 22): TSH Resources Bhd (KL:TSH) reported a 12.19% increase in its net profit for the third quarter spanning July to September 2024 (3QFY2024), despite a drop in revenue, as it recorded reduced non-controlling interests, which resulted in the larger share of profit attributable to the owners of the company.

TSH Resources reports 12% rise in 3Q net profit, pays 2.5 sen dividend

GEORGE TOWN (Nov 22): Penang&nbsp;welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong on Friday, marking a milestone in the state’s tourism development.

Penang welcomes HK Express’ inaugural flight from Hong Kong

The Royal Malaysian Police (PDRM) has no information on the whereabouts of wanted businessman Jho Low, who is reportedly in Myanmar, said Inspector-General of Police (IGP) Tan Sri Razarudin Husain.

Nvidia Corp assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected.&nbsp;

Nvidia says new chip remains on track, helping soothe investors

KUALA LUMPUR (Nov 22): Damansara REIT Managers Sdn Bhd, the manager of Al-`Aqar Healthcare REIT &nbsp;(KL:ALAQAR)&nbsp;and Al-Salam REIT&nbsp;(KL:ALSREIT), has appointed Zulhilmy Kamaruddin as its new chief executive officer (CEO) as of Thursday (Nov 21).

Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO

Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker.