<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 19): Measat Global Bhd is expecting to see a RM70 million contribution from its soon-to-be-launched Measat 3b.</p></div>

<div class=newsTextDataWrapInner><p>The direct-to-home (DTH) broadcast satellite, which is worth US$350 million, is expected to be launched on May 29 in French Guiana.</p></div>

<div class=newsTextDataWrapInner><p>Speaking at a media briefing, Measat Satellite System Sdn Bhd's CEO Paul I. Brown-Kenyon said that prior to the launch, Measat 3b had already seen a 50% take up rate.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"For Measat 3b, we have already signed two long term contracts ranging from 10 years to 15 years," he said. </p></div>

<div class=newsTextDataWrapInner><p>The contracts were signed by Astro's Measat Broadcast Network System and Australian-based Newsat. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Currently, Measat's satellite offers services ranging from telecommunition, broadcasting to broadband. <br /></p></div>

KUALA LUMPUR (May 19): Measat Global Bhd is expecting to see a RM70 million contribution from its soon-to-be-launched Measat 3b.

The direct-to-home (DTH) broadcast satellite, which is worth US$350 million, is expected to be launched on May 29 in French Guiana.

Speaking at a media briefing, Measat Satellite System Sdn Bhd's CEO Paul I. Brown-Kenyon said that prior to the launch, Measat 3b had already seen a 50% take up rate.

"For Measat 3b, we have already signed two long term contracts ranging from 10 years to 15 years," he said. 

The contracts were signed by Astro's Measat Broadcast Network System and Australian-based Newsat.  

Currently, Measat's satellite offers services ranging from telecommunition, broadcasting to broadband.

Measat 3b to contribute RM70 million to Measat

Open bidding of renewable energy certificates (RECs) generated this year through the Malaysia Green Attribute Trading System (mGATS) platform will take place from the seventh to the 11th of every month, until all the RECs offered have been fully acquired.

Energy Ministry kicks off open bidding of renewable energy certificates generated this year

Wynn Resorts Ltd said it has been awarded the first commercial gaming operator’s licence in the United Arab Emirates by the country’s General Commercial Gaming Regulatory Authority.

Wynn Resorts receives gaming operator licence from UAE

Boeing's and its largest union said on Friday that contract talks will resume on Oct 7, as both sides seek an agreement to end a strike by around 33,000 of the planemaker's US West Coast factory workers.

Boeing, striking union to return to negotiations on Monday

Boustead Properties Bhd, under its Mutiara Spaces brand, has launched a new mobile app — Mutiara X Super App — on Thursday.

The app serves as a digital platform that consolidates Mutiara Spaces’ offerings into one touchpoint. It provides customers with access to exclusive rewards, extra privileges and a seamless experience across lifestyle, property and reward programmes.

Boustead Properties launches Mutiara X Super App

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The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles (EVs) in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.

EU tests mettle to take on China with new electric vehicle tariff fight

The Madani government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.

Anwar: Budget 2025 to address inflation, boost wages

Over at The Reserve Bank of Australia, the minutes for its September policy meeting will be released on Tuesday.

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The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Ringgit’s recent rise beneficial for Malaysia, but yet to reach fair value

A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a US stock market near record highs.

Investors look to earnings to support record-high US stock prices

<p>Although the palm oil sector has been the backbone of the Malaysian economy for over five decades, in recent years it has been beset by a myriad of problems, from rising production costs to stagnating yields to labour shortages.</p>


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<p>The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>The Madani government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.</p>


<p>The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak.</p>


Dow registers record high close as US jobs data eases economic worries

<p>Over at The <b>Reserve Bank of Australia</b>, the minutes for its <b>September policy meeting</b> will be released on Tuesday.</p>


<p>A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a US stock market near record highs.</p>


<p>The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles (EVs) in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.</p>


<p>Boustead Properties Bhd, under its Mutiara Spaces brand, has launched a new mobile app — Mutiara X Super App — on Thursday.</p>

<p>The app serves as a digital platform that consolidates Mutiara Spaces’ offerings into one touchpoint. It provides customers with access to exclusive rewards, extra privileges and a seamless experience across lifestyle, property and reward programmes.</p>


<p>Wynn Resorts Ltd said it has been awarded the first commercial gaming operator’s licence in the United Arab Emirates by the country’s General Commercial Gaming Regulatory Authority.</p>


<p>Boeing's and its largest union said on Friday that contract talks will resume on Oct 7, as both sides seek an agreement to end a strike by around 33,000 of the planemaker's US West Coast factory workers.</p>


<p>Open bidding of renewable energy certificates (RECs) generated this year through the Malaysia Green Attribute Trading System (mGATS) platform will take place from the seventh to the 11th of every month, until all the RECs offered have been fully acquired.</p>


<p>It is now conventional wisdom that global capital flows to the developing world are pro-cyclical, increasing when advanced economies ease monetary policy and retreating when their interest rates rise. A case in point is the growing number of developing countries experiencing liquidity and solvenc...