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Varia Unit Bags RM293.32 Mln Sub-contract Job In Johor

KUALA LUMPUR, April 20 (Bernama) -- Varia Bhd’s wholly-owned subsidiary, Pembinaan Teguh Maju Sdn Bhd, has accepted a letter of award from RSM Builders Sdn Bhd for a sub-contract valued at RM293.32 million.

Bursa Malaysia Remains In Positive Zone At Mid-Afternoon

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia extended its gains into mid-afternoon, supported by continued buying interest in selected heavyweight stocks, mainly in the consumer and industrial product services sectors.

Muhibbah Secures RM120 Mln Contract For Penang LRT Project

KUALA LUMPUR, April 14 (Bernama) -- Muhibbah Engineering (M) Bhd has secured a contract worth RM120 million from Gamuda Industrial Building System Sdn Bhd (GIBS) for works related to the Penang Light Rail Transit (LRT) Mutiara Line project.

MBSB IB Positive On Construction Sector On Resilient Demand, Stronger Project Execution

KUALA LUMPUR, April 8 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has maintained a positive stance on the construction sector, backed by resilient private sector demand and stronger public project execution.

Escalating West Asia Conflict Wake-up Call To Strengthen Malaysia’s Energy Sovereignty -- Academic

KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.

Special Act On BNPL Can Protect Consumers Especially Youths From Debt Burden

KUALA LUMPUR, March 28 (Bernama) -- The enactment of a special act relating to the 'Buy Now Pay Later' (BNPL) scheme is important to protect consumers, especially the younger generation, from high debt burdens.

Bursa Malaysia Ends Lower As Conflicting Signals From West Asia Cloud Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia reversed yesterday’s gains to close at an intraday low, with the benchmark index easing 0.34 per cent as investors tracked developments in West Asia while remaining cautious amid increasingly conflicting signals from both the United States (US) and Iran over potential peace negotiations. 

Bursa Malaysia Lower At Midday Amid Selected Selling

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks.

CUSTA Raises US$4.3 Mln In Capital To Expand Customisation Platform In Southeast Asia

KUALA LUMPUR, March 11 (Bernama) -- CUSTA has raised approximately US$4.3 million (RM17 million) in capital, including a Pre-Series A equity round co-led by Delight Ventures and Global Brain.

JS-SEZ: Presence Of Semiconductor 'Queen Bee’ Expected To Create New Ecosystem

By Mohamad Syazwan Mustafa

JOHOR BAHRU, March 10 (Bernama) -- The Johor–Singapore Special Economic Zone (JS-SEZ) is expected to become a catalyst for developing a new ecosystem in the advanced semiconductor manufacturing sector in Johor through the entry of an industry-leading company, or a “queen bee,” into the state in the near future.

Bursa Malaysia Lower At Midday Amid Oil Price Surge, Regional Sell-off

KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia remained lower at midday, in line with regional markets, after Brent crude surged above US$105 per barrel amid the continuing US-Israeli conflict with Iran.

Johor Targets RM140 Bln Investments This Year

JOHOR BAHRU, March 9 (Bernama) -- Johor is targeting RM140 billion in investments this year after recording the country’s highest approved investments of RM110 billion in 2024, Menteri Besar Onn Hafiz Ghazi said.