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Petronas Concludes MBR 2024 With Signing Of Two PSCS

KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.

MAHB Board Resigns Effective On Date Of Bursa Delisting

KUALA LUMPUR, Feb 18 (Bernama) -- With Malaysia Airports Holdings Bhd (MAHB) set to be delisted from Bursa Malaysia following its takeover by the Khazanah Nasional Bhd-led Gateway Development Alliance Sdn Bhd (GDA), all five independent non-executive directors (INEDs) have tendered their resignations, effective on the delisting date.

HLIB Expects Malaysia To Withstand Impact Of US Trade Tensions

KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs. 

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Green Halal: Game-Changer For Business Growth -- Alliance Islamic Bank

By Karina Imran

KUALA LUMPUR, Feb 12 (Bernama) -- The concept of “green halal”, despite being unfamiliar to many, plays a vital role in driving business growth by merging halal and sustainable practices, said Alliance Islamic Bank Bhd (AIS).

Sabah Set To Become Southeast Asia's Energy Hub With RM8.88 Bln SOGIP Project

KOTA KINABALU, Feb 11 (Bernama) -- Sabah is poised to position itself as a key energy hub in Southeast Asia with the launch of an RM8.88 billion oil and gas energy hub project at the Sipitang Oil and Gas Industrial Park (SOGIP).

Discussions On Sarawak-Singapore Undersea Cable To Be Finalised Soon -- Abang Johari

SINGAPORE, Feb 10 (Bernama) -- The construction method for the 1,000-megawatt (MW) undersea electricity transmission project from Sarawak to Singapore is expected to be finalised in the first quarter of this year, according to Sarawak Premier Tan Sri Abang Johari Tun Openg.

KLIA Aerotrain Saga: A Disappointing Delay

By Kisho Kumari Sucedaram

KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

Malaysia Eyes Trade Growth With FTA Partners, Emerging Markets This Year -- Tengku Zafrul

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia plans to focus on strategic engagements with free trade agreement (FTA) partners and emerging markets this year in an effort to increase its exports, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

CT Semiconductor Concludes "Seed Training" Course To Boost Vietnam's Semiconductor Workforce

KUALA LUMPUR, Jan 27 (Bernama) -- CT Semiconductor, a member of CT Group, has concluded its first “Seed Training - Train for the Trainer” course on assembly, test, and packaging (ATP) of semiconductor chips at the National Innovation Center (NIC) in Hanoi.

​​​​​​​ASEAN Embraces Green, Digital Strategies Amid US-China Dynamics – Tengku Zafrul

KUALA LUMPUR, Jan 25 (Bernama) -- ASEAN is intensifying green energy initiatives and digital innovation to bolster supply chain resilience and maintain its role in global trade amid evolving US-China dynamics.