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.

MIDA's Commitment To Investors - A Stronger, More Unified Investment Landscape

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian Investment Development Authority (MIDA) has hosted a landmark gathering of the nation's most influential investment ecosystem partners, highlighting its commitment to support investors in a stronger and more unified investment landscape.

Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape

KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.

Govt Ensures Balanced Development, Including In SG4 States - Ministry Of Economy

KUALA LUMPUR, Dec 4 (Bernama) -- The government is continuously striving to ensure balanced development is implemented across regions and states, including Perlis, Kedah, Kelantan and Terengganu, which are collectively known as State Government 4 (SG4). 

East Coast Floods, Low Stockpiles Seen Lifting CPO Futures Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week, given the worsening floods in the East Coast.

Disappointing Earnings Drag TNB Shares Down 4 Pct 

KUALA LUMPUR, Nov 29 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares fell four per cent in early trade after the release of its third-quarter financial year 2024 (3Q FY2024) earnings, which came in below expectations. 

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

CPO Futures End Higher Due To Recent East Coast Flood

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 28 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its rally for the fourth day to end higher on Thursday due to concerns about the recent east coast flood, a dealer said.

Malaysia Seeks Advanced Technology, Investments For Rare Earth Processing

KUALA LUMPUR, Nov 28 (Bernama) -- The government will ensure the development of the rare earth element (REE) industry progresses, simultaneously encompassing the upstream and downstream sectors to meet industrial needs, said Economy Minister Rafizi Ramli.

AFA Eyes Annual Growth Of 2-3 Pct Driven By Strategic Infrastructure Projects

KUALA LUMPUR, Nov 28 (Bernama) -- AFA Infrastructure and Development Sdn Bhd (AFA) is targeting annual revenue growth of two to three per cent, driven by strategic infrastructure projects and a consolidated operational structure aimed at enhancing Malaysia’s transportation network.

Local Manufacturing Companies Urged To Heed US Sanctions On Russia - Mohamad

KUALA LUMPUR, Nov 27 (Bernama) -- The government has urged local manufacturing companies to take heed of the final destination of goods exported to foreign countries to avoid being affected by the sanctions imposed by the United States (US) on Russia. 

Tabreed Leads Critical Global Dialogue On Sustainable Cooling At COP29 In Baku

KUALA LUMPUR, Nov 25 (Bernama) -- Tabreed, the United Arab Emirate’s international district cooling company, has successfully wrapped up its week-long activities at the 29th Conference of the Parties (COP29) in Baku, Azerbaijan.