Sarawak Energy Commissions Malaysia’s First Utility-Scale Battery Storage System

KUCHING, Feb 14 (Bernama) -- Sarawak Energy Bhd (SEB) has commissioned Malaysia’s first utility-scale Battery Energy Storage System (BESS) at the Sejingkat Power Plant.  

ASEAN On Track To Become World's Fourth-Largest Economy By 2030 -- Nik Nazmi

KUALA LUMPUR, Feb 14 (Bernama) -- ASEAN is on track to become the world's fourth-largest economy by 2030, but growth must be inclusive to ensure that all communities benefit, said Natural Resources and Environmental Sustainability Minister, Nik Nazmi Nik Ahmad.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Malaysia's Political Stability, Monetary Policies Among Contributors To Upbeat GDP --Fahmi

PUTRAJAYA, Feb 14 (Bernama) -- Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

SMR 20 Ends Higher On Regional Rubber Futures Uptrend

KUALA LUMPUR, Feb 14 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today, supported by an uptrend in the regional rubber futures markets as traders reacted positively to the delay in the United States (US) trade tariff implementation, a dealer said.

AirTrunk Plans Second Data Centre In Johor

JOHOR BAHRU, 14 Feb (Bernama) -- Asia-Pacific hyperscale data centre specialist, AirTrunk, has announced plans to develop its second cloud and artificial intelligence-ready data centre in Malaysia, named AirTrunk JHB2 (JHB2), in Iskandar Puteri, Johor.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

MyCIF To Host Penang Roadshow To Promote MSME Financing In Northern Region

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF) will host a Penang roadshow on Feb 18, 2025 to promote the fund to micro, small and medium enterprises (MSMEs) in Kedah, Penang, Perlis and northern Perak.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.