1y ago
From Kamarul Ariffin MD Yassin
ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Mah Sing Group Bhd remains confident that the proposed new restrictions on artificial intelligence (AI) chip exports by the United States (US) will not hinder collaboration with Bridge Data Centres (BDC) or the broader growth of Malaysia’s digital infrastructure sector.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The Abu Dhabi Investment Authority (ADIA) will play a crucial role in the transformation and execution of Malaysia Airports Holdings Bhd's (MAHB) privatisation deal, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
From Kamarul Ariffin Md Yassin
ABU DHABI, Jan 13 (Bernama) -- Abu Dhabi Investment Authority (ADIA), one of the world's largest wealth funds with assets estimated to exceed US$1 trillion, is committed to continue increasing investments in Malaysia.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Abu Dhabi Investment Authority (ADIA), one of the world's largest wealth funds with assets exceeding US$1 trillion, has expressed a keen interest in investment opportunities in Malaysia, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The unit price index of steel recorded a decrease of between 0.1 per cent and 4.6 per cent across most parts of Malaysia in December 2024 compared to the previous month, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- The takeover of the remaining shares by joint offerers for Malaysia Airports Holdings Bhd (MAHB) shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 75.73 per cent.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
1y ago
MELAKA, Dec 31 (Bernama) -- The Southern Gateway Economic Corridor is the best medium for coordinating high-impact development projects that can generate sustainable economic growth.