<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 14): Oil-and-gas services firm Icon Offshore Bhd said on Thursday it has secured a contract to provide an accommodation workboat to Petrolanpan Sdn Bhd for an undisclosed amount.</p></div>

<div class=newsTextDataWrapInner><p>The contract will span 45 days, with the option to extend for an additional 15 days, Icon Offshore stated in a statement. The accommodation workboat, Icon Kayra, has been selected by Petrolanpan for hook-up and commissioning work activities.</p></div>

<div class=newsTextDataWrapInner><p>“We are optimistic about Icon Offshore’s prospects for the rest of the year,” said Icon Offshore managing director Datuk Sri Hadian Hashim.”</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The latest agreement “demonstrates our ability to secure strategic partnerships and underscores our commitment to delivering value to our stakeholders,” he added.</p></div>

<div class=newsTextDataWrapInner><p>At the time of writing, shares in Icon Offshore traded higher by one sen or 1.7% at 61 sen, valuing the company at RM330.4 million.</p></div>


Oil-and-gas services firm Icon Offshore Bhd said on Thursday it has secured a contract to provide an accommodation workboat to Petrolanpan Sdn Bhd for an undisclosed amount.

Icon Offshore secures workboat charter deal 

UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&D) centre at UEM Sunrise’s Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor.

UEM Sunrise, ITRAMAS sign MOU with China-based Gotion High-Tech to develop R&D centre in Johor

President Yoon Suk Yeol’s shock declaration of martial law revved up South Koreans from 0 to 100.

Within hours of Yoon’s late night announcement on Dec 3, protesters massed on Seoul’s streets and lawmakers were so frantic to block the decree that they climbed over the fence of the legislature.

South Korea’s ‘hurry hurry’ culture helps bring down a president

Japan's exports rose faster than expected in November, data showed on Wednesday, helped by a weaker yen and solid global demand although businesses worry protectionist US trade policies will undermine future growth.

Japan's exports rise faster than expected, helped by weaker yen

KUALA LUMPUR (Dec 18): Jati Tinggi Group Bhd (KL: JTGROUP) shares gained in active trade on Wednesday, a day after it said it won contract to supply and install photovoltaic solar panel systems at Public Bank Bhd’s (KL:PBBANK) branches for some RM14.88 million.

Jati Tinggi’s shares gain in active trade early Wednesday on Public Bank contract

Fashion firm Carlo Rino Group Bhd (KL:CARLORINO) made a weak debut on the ACE Market of Bursa Malaysia, after it raised some RM46 million from its initial public offering (IPO).

Carlo Rino stages weak debut in ACE Market transfer listing

KUALA LUMPUR (Dec 18): Nissan Motor Co and  Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.

Nissan confirms it is exploring collaborations with Honda

KUCHING (Dec 17): The Bintulu Development Authority (BDA) has acquired a 10% stake in Pertama Ferroalloys Sdn Bhd through a share transfer memorandum of understanding (MOU), which is a milestone move for economic growth, community development, and sustainable initiatives in Sarawak.

Bintulu Development Authority acquires 10% stake in Pertama Ferroalloys

(December 18) : Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world. &n...

Nissan and Honda consider merger to take on world' biggest carmaker

MORNING CALL: 18/12/24

As global air traffic demand exceeds pre-Covid-19 pandemic levels this year, airlines are turning their attention to fleet expansion and about 10,000 more planes will operate by 2034, according to a new report published by global aviation advisory firm Alton Aviation Consultancy.

10,000 more planes to take to  the sky in 10 years, says Alton

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesda.</p>


SMI, Scientex Packaging, KNM, Poh Kong, Kumpulan Perangsang Selangor, Ahmad Zaki, PUC, TXCD, VSolar, Jati Tinggi, PT Resources, Sapura Energy

<p>(December 18) :&nbsp;Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world. &n...

<p>Prime Minister Datuk Seri Anwar Ibrahim has proposed a new initiative requiring all cabinet ministers who are alumni of the Universiti Malaya (UM) to contribute RM10,000 each to the Universiti Malaya Endowment Fund (UMEF).</p>


Anwar proposes RM10,000 contribution each from UM Alumni Cabinet Ministers to boost university fund

<p>Fashion firm Carlo Rino Group Bhd (KL:CARLORINO) made a weak debut on the ACE Market of Bursa Malaysia, after it raised some RM46 million from its initial public offering (IPO).</p>


<p>Technology stocks weighed on Wall Street on Tuesday, as investors grew cautious ahead of the Federal Reserve's interest rate decision this week following a stronger-than-expected retail sales reading.</p>


Wall Street falls on caution over Fed decision after strong retail sales 

<p>KUALA LUMPUR (Dec 18): Jati Tinggi Group Bhd (KL: JTGROUP) shares gained in active trade on Wednesday, a day after it said it won contract to supply and install photovoltaic solar panel systems at Public Bank Bhd’s (KL:PBBANK) branches for some RM14.88 million.</p>


<p>(Dec&nbsp;18) :&nbsp;Stocks in Asia are set to diverge after Wall Street edged lower, as traders brace for the Federal Reserve’s final policy decision of the year.</p>


Asian stocks to waver with focus on Fed meeting

<p>(Dec 18):&nbsp;Only a year after having their size clipped in the Nasdaq 100 because they got too big, the world’s largest technology companies may face another pruning when the marquee benchmark rebalances this week.</p>


Megacap tech stocks have gotten too big for Nasdaq 100 again

<p>A top Russian general accused by Ukraine of being responsible for the use of chemical weapons against Ukrainian troops was assassinated in Moscow by Ukraine's SBU intelligence service on Tuesday morning in the most high-profile killing of its kind.</p>


Ukraine kills Russian chemical weapons chief Igor Kirillov in Moscow

<p>The last time Donald Trump was US president, he entered trade wars with China and Europe. But despite his bravado and tariffs, the US trade deficit did not improve.</p>

<p>In fact, it deteriorated from US$195 billion in the first quarter of 2017 to US$260 billion in the same period of 2021.</p>


Three possible futures for the global economy if Trump brings in new trade tariffs

<p>(Dec 18) :&nbsp;US stocks declined as traders braced for the Federal Reserve’s widely anticipated rate decision and its forecast for next year.</p>


Stocks drop before Fed’s last decision of the year

<p>As global air traffic demand exceeds pre-Covid-19 pandemic levels this year, airlines are turning their attention to fleet expansion and about 10,000 more planes will operate by 2034, according to a new report published by global aviation advisory firm Alton Aviation Consultancy.</p>


<p>KUCHING (Dec 17): The Bintulu Development Authority (BDA) has acquired a 10% stake in Pertama Ferroalloys Sdn Bhd through a share transfer memorandum of understanding (MOU), which is a milestone move for economic growth, community development, and sustainable initiatives in Sarawak.</p>


<p>KUALA LUMPUR (Dec 18): Nissan Motor Co and &nbsp;Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.</p>


<p>South Korea’s National Assembly passed an impeachment motion against President Yoon Suk-yeol on Saturday, December 14. The vote marks the third time a president has been impeached in the country’s constitutional history.</p>

<p>Out of 300 assembly members, 204 voted in favour of the motion, 85 voted against, three abstained, and eight votes were declared invalid. This outcome indicates that at least 12 votes in favour came from Yoon’s conservative ruling People Power party.</p>


South Korea at a crossroads after president is impeached — here’s what will happen next

<p>Uncertainty surrounded Israeli Prime Minister Benjamin Netanyahu's whereabouts on Tuesday after sources briefed on talks about a Gaza ceasefire said he was travelling to Cairo but his office said he was on the northern border with Syria.</p>

<p>The sources said a ceasefire deal could be signed in coming days that would end the fighting and free hostages held by the Islamist movement Hamas in Gaza in exchange for Palestinian prisoners.</p>


Gaza ceasefire talk swirls as officials push for deal

<p>The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.</p>

<p>Chrystia Freeland quit on Monday after Prime Minister Justin Trudeau offered her a lesser position. She said his wish to increase spending could endanger Canada's ability to withstand the damage done by the tariffs that US President-elect Donald Trump is threatening to impose.</p>


Canada government adrift after finance minister resigns, Trump tariffs loom

<p>The United States offered a conditional loan of up to US$15 billion (RM66.8 billion) to California-based utility PG&amp;E to support climate resilience projects and upgrade the electrical grid, the Department of Energy said on Tuesday.</p>


US offers PG&E up to US$15b conditional loan for climate resilience 

<p>UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&amp;D) centre at UEM Sunrise’s Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor.</p>
