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Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Malaysia’s Economy Expands 5.2 Pct In First Three Quarters Of 2024 - DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s economy has sustained strong growth in the first three quarters of 2024, expanding by 5.2 per cent from January to September, said the Department of Statistics Malaysia (DOSM). 

KLCC Holdings To Develop Land In Bandar Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC (Holdings) Sdn Bhd (KLCCH) has agreed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd to develop 196.67 hectares (ha) of land in Bandar Malaysia, the site of the former Royal Malaysian Air Force base in Sungai Besi.

Bursa Malaysia Confirms Embarking On Succession Plan Amid Reports Of CEO Exit

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd has confirmed that it is embarking on a chief executive officer (CEO) succession plan. This addresses media reports that its current CEO and executive director, Datuk Muhamad Umar, is considering leaving the company.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.

Bursa Malaysia Updates Sustainability Reporting To Align With NSRF

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Securities Bhd has updated its sustainability reporting requirements in the Main Market and ACE Market listing requirements to align with the National Sustainability Reporting Framework (NSRF).

Airbus, Rolls-royce Step In To Resolve Malaysia Airlines' Grounded A330neo

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 23 (Bernama) -- Airbus has pledged full support to Malaysia Airlines as the carrier faces a 48-hour grounding of its new Airbus A330neo (new engine option), following its inaugural flight to Melbourne on Dec 19.

KLCC Property Denies Claim Of Bandar Malaysia Takeover

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC Property Holdings Bhd (KLCCP) has denied claims that it is buying Bandar Malaysia for over RM10 billion, as reported in The Edge Malaysia.

Online Scams Hurt Investor Confidence, Seen As “Lucrative” By Syndicates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.

Powering Malaysia’s Future: Solar Growth Amid Energy Sector Challenges

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems.

Malaysia Continues To Lead Regional Data Centre Index -- Knight Frank Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW). 

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.