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Gamuda-Ferrovial JV Secures ECI Deal For Capricornia Pumped Hydroelectric Energy System

KUALA LUMPUR, Jan 24 (Bernama) -- Gamuda Bhd, in a joint venture with Ferrovial (GFJV), has inked an early contractor involvement (ECI) agreement with Capricornia Energy Hub (CEH) for its Capricornia Pumped Hydroelectric Storage System (PHES) in Central Queensland, Australia. 

LoopMe Expands APAC Operations With New Appointments, Office Openings

KUALA LUMPUR, Jan 24 (Bernama) -- LoopMe, an artificial intelligence (AI)-driven technology company, has announced continued expansion in the Asia Pacific (APAC) region after achieving a 40 per cent organic gross revenue compound annual growth rate (CAGR) from 2018 to 2024.

Proton Drives Sustainable Mobility Forward With e.MAS 7 Media Tour

By Abdul Hamid A Rahman

MELAKA, Jan 24 (Bernama) -- Proton Holdings Bhd has taken a significant step forward in sustainable mobility by introducing Malaysia’s first mass-produced electric vehicle (EV), the “e.MAS 7”, through its inaugural media drive. 

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

Bursa Malaysia Opens Lower On Lack Of Buying Interest

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd. 

Gold Futures Market Takes A Breather As Concerns Over US Tariff Policies Ease

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives has taken a breather after its recent sharp surge, as concerns over United States (US) President Donald Trump's tariff policies have eased.

SOGIP Port Launch Boosts Sabah’s Economic Prospects

KOTA KINABALU, Jan 23 (Bernama) -- The declaration of the Port of Sipitang Oil and Gas Industrial Park (SOGIP Port) marks a strategic milestone with significant potential to drive Sabah's economic growth, Deputy Chief Minister III Datuk Shahelmey Yahya said.  

13MP: Govt Committed To Enabling Policies To Drive Growth In Key Industries - Rafizi

KUALA LUMPUR, Jan 23 (Bernama) -- The government is committed to prioritising enabling policies over direct intervention to drive creativity and growth in key industries for the 13th Malaysia Plan (13MP), Economy Minister Datuk Seri Rafizi Ramli said.

Bursa Malaysia Pulls Back Amid Broad-Based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia retreated to close lower today following broad-based selling after a four-day rally, primarily due to profit-taking, amid the mostly weaker regional peers, said an analyst.

Various Sectors Expected To Benefit From Synergies, Lucrative Returns From WEF - Anwar

KUALA LUMPUR, Jan 23 (Bernama) -- Various sectors, including education, investment, trade, artificial intelligence (AI), energy, and digital, are expected to benefit directly from synergies and lucrative returns from the World Economic Forum (WEF) 2025, said Prime Minister Datuk Seri Anwar Ibrahim.

WEF25: Saudi Ministers Discuss Economic Resilience, Regional Growth Opportunities

KUALA LUMPUR, Jan 23 (Bernama) -- Saudi Arabia’s Minister of Economy and Planning, Faisal F. Alibrahim has highlighted the Kingdom’s long-term approach to growth at the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland.