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JS-SEZ Action Plan Expected To Be Ready By Third Quarter 2025 - Economy Ministry

KUALA LUMPUR, Feb 19 (Bernama) -- The government is preparing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan and it is expected to be completed in the third quarter of 2025.

Mavcom: Airlines Must Offer Passengers Refunds For Flight Delays Of Five Hours Or More

By Abdul Hamid A Rahman and Mikhail Raj Abdullah

KUALA LUMPUR, Feb 19 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) today reiterated that airline passengers have the option of a refund of their tickets if their flight is delayed by five hours or more.

Onn Hafiz: Johor Govt Drafting Masterplan For JS-SEZ

ISKANDAR PUTERI, Feb 19 (Bernama) -- The Johor State Government is currently drafting a masterplan for the Johor-Singapore Special Economic Zone (JS-SEZ).

Southern Cable Secures Contracts Worth RM403.6 Mln From TNB

KUALA LUMPUR, Feb 19 (Bernama) -- Southern Cable Group Bhd's unit Southern Cable Sdn Bhd has secured contracts totalling RM403.6 million from Tenaga Nasional Bhd (TNB) to supply underground cables and conductors for one year from February 2025. 

GDP Growth Provides Many Direct Benefits For The People -- Amir Hamzah

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

​Mavenir, EdgeQ To Showcase Next Generation Small Cells For Seamless 4G To 5G Transition

KUALA LUMPUR, Feb 19 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and EdgeQ, a leader in 5G wireless infrastructure, will unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025 next month.

Malaysia's SDG Achievement To Hit 43 Per Cent By 2030 -- Hanifah Hajar

KUALA LUMPUR, Feb 19 (Bernama) -- Based on the latest analysis using 2022 data, the target achievement rate for the country's sustainable development goals (SDGs) by 2030 is projected at 43 per cent compared to the global average of 17 per cent, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Petronas Concludes MBR 2024 With Signing Of Two PSCS

KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.

Yinson Production Completes Acquisition Of Stella Maris CCS

KUALA LUMPUR, Feb 19 (Bernama) -- Yinson Holdings Bhd’s offshore business arm, Yinson Production, has completed the acquisition of 100 per cent shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

MADANI Govt’s Fiscal Discipline boosting Investor Confidence

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist. 

Penang Port’s Cargo Handling Increases To 32.33 Mln Fwt In 2024 - Hasbi

GEORGE TOWN, Feb 19 (Bernama) -- Penang Port continued its excellent performance in cargo handling in 2024, handling 32.33 million freight weight tonnes, an increase of 0.77 per cent.

Ringgit Opens Slightly Higher Against US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.