1y ago
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Road infrastructure specialist Azam Jaya Bhd plans to reduce reliance on external contractors by handling more projects with its resources, particularly the Pan Borneo Highway project.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia's welcoming business environment with supportive policies and favourable climate for foreign businesses are among the key factors drawing Chinese companies to establish operations in the country, according to the China Enterprises Chamber of Commerce in Malaysia (CECCM).
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
1y ago
KUALA LUMPUR, Nov 10 (Bernama) -- Straits Mobile Investment Pte Ltd, a wholly owned unit of Singapore-headquartered ST Telemedia, has agreed to the strategic alignment of its shareholding ownership in U Mobile to 20 per cent from 49 per cent, thus increasing U Mobile’s Malaysian ownership.
1y ago
By Zairina Zainudin
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.
1y ago
By Jailani Hasan
LABUAN, Nov 9 (Bernama) -- The Ministry of Transport is committed to advancing Labuan’s port facilities to make it a highly competitive port, bolstering its role as the island’s economic gateway.
1y ago
By Jailani Hasan
LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia’s ASEAN chairmanship next year represents an opportunity to advance regional collaboration in critical sectors including in takaful and re-takaful, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid.
1y ago
KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)