Proton Begins Construction Of RM82 Mln EV Plant In Tanjung Malim

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its high-tech facility here today.

Petronas Clarifies SSGP Decommissioning Affects Only Sections In Sarawak

KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak. 

Malaysia Well-positioned With AI-ready Data Centres - Juwai IQI

KUALA LUMPUR, Feb 3 (Bernama) -- Malaysia is well positioned for a world where artificial intelligence (AI) dominates data centre development, as not all data centres are suitable to support the coming AI boom, said global real estate agency Juwai IQI. 

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

Analysts Maintain Bullish View On Bursa Malaysia Amid Strong Earnings, IPO Pipeline

KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.

Malaysia Not In 'Pressing Need' To Adopt Nuclear Power - PM Anwar

From Anas Abu Hassan

DAVOS (Switzerland), Jan 21 (Bernama) -- Datuk Seri Anwar Ibrahim said Malaysia is not in “pressing need” to adopt nuclear power as Malaysia still sees much potential in solar power and the ASEAN Power Grid (APG).

ECERDC Rakes In RM13.4 Bln Realised Investments In 2024

KUALA LUMPUR, Jan 20 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) secured RM13.4 billion in realised investments for 2024, a 56 per cent growth from 2023’s RM8.6 billion.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.

JS-SEZ Set To Boost Malaysia-Singapore Economic Progress

KUALA LUMPUR, Jan 12 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is a testament to Malaysia and Singapore’s shared vision of complementing each other’s strengths to drive economic progress, said Finance Minister II Datuk Seri Amir Hamzah Azizan.