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Northern Solar Targets 20 Pct Revenue Growth In FY2025

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 6 (Bernama) -- Northern Solar Holdings Bhd is targeting a 20 per cent rise in revenue growth for the financial year ending March 31 2025 (FY2025) versus RM77.97 million a year ago.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

KLIA Aerotrain Saga: A Disappointing Delay

By Kisho Kumari Sucedaram

KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.

DOSM: Malaysia’s Inflation Moderates To 1.7 Pct In December 2024

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO

KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).

12 New Airlines, 16 Resumptions And 24 New Destinations Boost Airports Connectivity In 2024 - MAHB

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia experienced significant aviation growth in 2024, marked by an additional 12 new airlines, 16 resumptions and 24 new destinations, according to Malaysia Airports Holdings Bhd.

Petronas Gas Launches Malaysia's First LNG-Driven Air Separation Unit

KUALA LUMPUR, Jan 17 (Bernama) -- Petronas Gas Bhd, through wholly owned unit Regas Terminal (Pengerang) Sdn Bhd, has launched Malaysia's first liquefied natural gas (LNG)-driven air separation unit (ASU) in Pengerang, Johor, and invited Dialog Group Bhd to participate by taking up a 27.78 per cent stake.

Business Interruption Remains Top Concern For Business Risks In Malaysia In 2025 - Allianz

KUALA LUMPUR, Jan 16 (Bernama) -- Business interruption remains the top concern for business risks in Malaysia this year, alongside fire and explosion, as well as changes in legislation and regulation, according to the Allianz Risk Barometer 2025 report.

Johor's Revenue Hits RM2.1 Bln In 2024, Highest Recorded -- Onn Hafiz

ISKANDAR PUTERI, Jan 16 (Bernama) -- Johor recorded a revenue collection of RM2.1 billion last year, the highest ever recorded, said Johor Chief Minister Datuk Onn Hafiz Ghazi.

Malaysia’s Aviation Sector Recovering, Passenger Traffic To Soar In 2025 – Loke

PUTRAJAYA,  Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.

MRT Corp Signs Rm8.31 Bln Contract With SRS Consortium

KUALA LUMPUR, Jan 13 -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has signed a Civil Main Contract (CMC) for Segment 1 of the Mutiara Line Light Rail Transit (LRT) project with SRS Consortium Sdn Bhd.