Sime Darby Property Acquires Logistics Warehouses In Bandar Bukit Raja For RM232 Mln

KUALA LUMPUR, Jan 10 (Bernama) -- Sime Darby Property Bhd (SDP) has acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.

Unit Price Index Of Steel Down By 0.1 Pct To 4.6 Pct In December 2024 -- DOSM

KUALA LUMPUR, Jan 9 (Bernama) -- The unit price index of steel recorded a decrease of between 0.1 per cent and 4.6 per cent across most parts of Malaysia in December 2024 compared to the previous month, said the Department of Statistics Malaysia (DOSM). 

Malaysia's Economy To Grow 5.0 Pct In 2025 - Economist 

KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist. 

Ace Market-bound Oriental Kopi Plans To Raise RM184 Mln From IPO

KUALA LUMPUR, Jan 6 (Bernama) -- Food and beverage (F&B) services cafe chain operator Oriental Kopi Holdings Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM184 million through its initial public offering (IPO).

Prices Of Residential Houses In KL, PJ Set To Rise By 3-4 Pct This Year - Property influencer Sean Tan

By Karina Imran & Mikhail Raj

KUALA LUMPUR, Jan 6 (Bernama) -- Prices of double-storey residential houses in the Klang Valley, especially in Kuala Lumpur (KL) and Petaling Jaya (PJ), are expected to increase by 3.0 per cent to 4.0 per cent this year.

Penang, Johor, Selangor, Sarawak And KL Dominates Malaysia's Exports In November - DOSM

KUALA LUMPUR, Dec 27 (Bernama) -- Penang, Johor, Selangor, Sarawak, and Kuala Lumpur dominated Malaysia’s exports, accounting for 83.8 per cent of the total in November 2024, said the Department of Statistics Malaysia (DOSM).

Malaysia's November 2024 Inflation Falls To 1.8 Pct -- DOSM

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).

MRL, CCCECRL Jointly Operate And Maintain ECRL Project

PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.

Govt Approves RM489.5 Bln In Investments From 2023 To June 2024 - MITI

KUALA LUMPUR, Dec 3 (Bernama) -- The government has approved a total of RM489.5 billion in investments in the manufacturing, services, and primary sectors from 2023 to June 2024, according to Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

AWS Announces Malay-language Gen-AI LLM, MaLLaM, On Its Cloud Services

LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) today announced that Mesolitica, a Malaysian startup specialising in training large language models (LLMs), has built a Malay-language generative artificial intelligence (gen-AI) LLM called MaLLaM on its cloud services.

Capitaland Malaysia Trust To Acquire Elmina Logistics Hub For RM180 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire a freehold automated logistics property from PTT Logistics Hub 1 Sdn Bhd for RM180 million.

Sime Darby Property To Build Additional Data Centres, With 20-year Lease Value Up To RM5.6 Bln

KUALA LUMPUR, Dec 2 (Bernama) -- Sime Darby Property Bhd will be developing additional data centres at Elmina Business Park following the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, with a 20-year lease value of up to RM5.6 billion.