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Jingxing Group Commits RM1.9 Bln To Malaysia Expansion

KUALA LUMPUR, April 22 (Bernama) -- Zhejiang Jingxing Paper Joint Stock Co. Ltd’s wholly owned subsidiary, Jingxing Holdings (M) Sdn Bhd, has committed RM1.9 billion to a phase two expansion of its operations in Banting, Selangor.

JS-SEZ Offers Spillover Potential For SMEs To Tap Wider Markets – Tengku Zafrul

JOHOR BAHRU, April 21 (Bernama) – Small and medium enterprises (SMEs) play a vital role in the growth of the Johor-Singapore Special Economic Zone (JS-SEZ), as they stand to gain significantly from the spillover effects, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Industry Stakeholders Call For Stronger Collaboration To Unlock Oil Palm Biomass Utilisation

KUALA LUMPUR, April 18 (Bernama) -- Industry stakeholders have urged stronger collaboration and more coherent policy direction to accelerate the use of oil palm biomass in supporting Malaysia’s low-carbon goals.

Hibiscus Petroleum Signs RM439 Mln Islamic Financing Deal With Brunei Banks

KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

Special ASEAN Leaders' Meeting To Be Convened To Discuss Potential Disruptions To Regional Trade, Investment - Tengku Zafrul

KUALA LUMPUR, April 10 (Bernama) --  A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges

ASEAN Poised For Economic Shift, Political Will Crucial To Confronting Dramatic Changes – Zeti

By M.Saraswathi

KUALA LUMPUR, April 10 (Bernama) -- As the global economic landscape shifts dramatically, ASEAN stands at a critical juncture, ready to navigate the challenges ahead, but the region's success hinges on the strength of its political will and coordinated efforts, said Tan Sri Dr Zeti Akhtar Aziz.

ABAC Seeks ASEAN Finance Ministers', Central Bank Governors' Support To Endorse Its 2025 Growth Agenda

 KUALA LUMPUR, April 9 (Bernama) -- The ASEAN Business Advisory Council (ABAC) seeks the support from ASEAN Finance Ministers and Central Bank Governors to endorse its 12 strategic initiatives, which includes the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity and regional collaboration.

Innovative Funding Mechanisms Can Accelerate ASEAN's Transition Towards Low-carbon Economy - Amir Hamzah

KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Gas Actively Evaluating Impacts Of Putra Heights Fire Incident

KUALA LUMPUR, April 7 (Bernama) -- Petronas Gas Bhd (PGB) is actively evaluating both the financial and operational impacts of the fire incident at its main pipeline in Putra Heights, near Puchong, Selangor.

Gas Malaysia Implements Gas Supply Curtailment Following Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Gas Malaysia Bhd has implemented a gas supply curtailment in several areas following the recent gas pipeline rupture in Putra Heights that led to the temporary closure of nearby gas facilities.

Petronas To Work With Authorities To Support Those Affected By Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Rising Demand For Caregivers Highlights Long-term Care Economics - WEF

KUALA LUMPUR, March 29 (Bernama) -- The growing demand for carers and long-term care services is underscoring the need for sustainable care funding and better economic support for caregiving, the World Economic Forum (WEF) said.