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Citaglobal Bags Two Construction Jobs Worth RM82.72 Mln

KUALA LUMPUR, Dec 22 (Bernama) -- Citaglobal Bhd’s wholly-owned subsidiary, Citaglobal Land Sdn Bhd, has accepted two construction contracts from UDA Land (South) Sdn Bhd and the Public Works Department (JKR) totalling RM82.72 million.

RHB IB Projects Solar Sector Growth On Higher EPCC Contributions, CGPP Revenue Ramp-up

KUALA LUMPUR, Dec 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the solar sector to grow next year, driven by higher engineering, procurement, construction, and commissioning (EPCC) contributions.

BNM’s International Reserves Rise To US$124.3 Bln As At Dec 15

KUALA LUMPUR, Dec 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) expanded to US$124.3 billion as at Dec 15, 2025.

Yinson Unit Enters 15-Year PPA With Genesis Energy Of New Zealand

KUALA LUMPUR, Dec 22 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Mt Cass Wind Farm Ltd (MCWFL) has entered into a 15-year power purchase agreement (PPA) with Genesis Energy Ltd from its 94.6 megawatt (MW) wind farm located on the South Island of New Zealand.

EIG Acquires 49.87 Pct Stake In Peru Gas Pipeline Operator TgP

KUALA LUMPUR, Dec 22 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 49.87 per cent equity stake in Transportadora de Gas del Perú S.A. (TgP) from Canada Pension Plan Investment Board via its managed investment vehicles.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Key Rail Infrastructure Projects Advance Across Malaysia In 2025

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s rail development recorded steady progress throughout 2025, marked by major milestones in national megaprojects, renewed cross-border ambitions, and intensified planning for long-term transport connectivity.

TNB: Stronger, Smarter Grid Driving Malaysia’s Clean Energy Transition

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.

Malakoff Subsidiary Enters Into 21-Year PPA With TNB For Perak Solar Project

KUALA LUMPUR, Dec 19 (Bernama) -- Malakoff Corporation Bhd said its 80 per cent-owned subsidiary, Malakoff Silver Solar Sdn Bhd (MSSSB), has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 470-megawatt alternating current (MWac) solar photovoltaic project in Perak.

Malaysia Defies Global Trade Tensions With Solid Growth - IMF

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.

Fushi Technology Launches One-Stop Customer Loyalty Solution For Jumbo

KUALA LUMPUR, Dec 19 (Bernama) -- Fushi Technology, an artificial intelligence (AI) services provider for merchants and consumers in Asia, has officially launched its customer relationship management (CRM) membership management product for Jumbo, a Singapore-founded seafood restaurant chain.