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Bursa Malaysia's Key Index Rises 1.15 Pct On Firmer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

CMSB Breaks Ground For RM673 Mln Mambong Clinker Line 2 To Boost Sarawak Cement Supply

PADAWAN, Dec 18 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) today held the groundbreaking ceremony for its RM673 million Mambong Clinker Line 2 project, a strategic investment aimed at significantly enhancing cement production capacity and supporting Sarawak’s rapidly expanding infrastructure and economic development.

Entopia Inks Franchising Deal With DEMED Turkiye, Eyes Expansion Into Eight Countries

GEORGE TOWN, Dec 17 (Bernama) — Penang’s home-grown nature learning destination Entopia today marked a major milestone with the signing of an exclusive franchising agreement with DEMED Group of Turkiye, paving the way for its expansion into eight countries and positioning it on the global stage.

TSR Capital Clinches RM48 Mln Bukit Raja Contract From Sime Darby Property

KUALA LUMPUR, Dec 17 (Bernama) -- TSR Capital Bhd’s wholly owned subsidiary, TSR Bina Sdn Bhd, has clinched a contract worth RM48 million from Sime Darby Property (Bukit Raja) Sdn Bhd for the construction and completion of main infrastructure and ancillary works at Bandar Bukit Raja Stage 3.

Top Glove Foresees Improving Sales Volume To Europe To Meet Strong Orders

KUALA LUMPUR, Dec 17 (Bernama) -- Top Glove Corporation Bhd expects its sales volume to Europe to improve significantly during the second quarter of the financial year ending Aug 31, 2026 (2Q FY2026), underpinned by the recently secured strong orders.

Haier Malaysia Welcomes Seventh Global Fans Festival With Immersive Pop-up Experience

KUALA LUMPUR, Dec 17 (Bernama) -- Leading global provider of better life and digital transformation solution, Haier Group, today kicks off the Seventh Haier Global Fans Festival with a five-day pop-up experience at The Piazza, Level 3, Pavilion Bukit Jalil.

Slovenia Unveils Award-Winning AI Virtual Travel Advisor

KUALA LUMPUR, Dec 17 (Bernama) -- The Slovenian Tourist Board (STB) is reinforcing Slovenia’s positioning as a digitally advanced, visitor-centric destination with Alma, an artificial intelligence (AI)-powered virtual travel advisor that has quickly emerged as one of the country’s most innovative tourism tools.

MATRADE Welcomes Johari Abdul Ghani As MITI Minister, Expects Continued Export Momentum

KUALA LUMPUR, Dec 17 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has expressed confidence that the new leadership at the Ministry of Investment, Trade and Industry (MITI) will continue to strengthen the national export agenda in line with Malaysia's economic development priorities.

BPMB Provides RM97.63 Mln Financing Facility To Johor's Coronade Properties

JOHOR BAHRU, Dec 16 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an integrated mixed-use development in Johor Bahru.

Akmal Nasrullah Named Economy Minister

KUALA LUMPUR, Dec 16 (Bernama) -- After helming the deputy minister’s role twice in different ministries, Akmal Nasrullah Mohd Nasir will now take on a new role as Economy Minister.