Maybank To Support JS-SEZ And Facilitate Up To RM2.35 Bln In Client Investments

KUALA LUMPUR, May 19 (Bernama) -- Malayan Banking Bhd (Maybank) has signed a letter of intent (LOI) with the Ministry of Economy to support the Johor-Singapore Special Economic Zone (JS-SEZ) and facilitate up to RM2.35 billion in client investments over the next three to 10 years.

Malaysia’s Construction Sector Grows 16.6 Pct In 1Q 2025, Hits RM42.9 Bln - DOSM

KUALA LUMPUR, May 9 (Bernama) -- Malaysia’s construction sector recorded a 16.6 per cent year-on-year (y-o-y) increase in the value of work done to RM42.9 billion in the first quarter of 2025 (1Q 2025), according to the Department of Statistics Malaysia (DOSM).

EXIM Bank Strengthens Malaysia’s Global Trade With RM87.80 Mln Financing For Pertama Ferroalloys

KUALA LUMPUR, April 17 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has strengthened Malaysia’s global trade with the signing of a US$20 million (RM87.80 million) supplier financing facility agreement with Pertama Ferroalloys Sdn Bhd to support the expansion of the company’s production capacity in Bintulu, Sarawak.

Nafco Group Launches US$40 Mln Aerospace Manufacturing Facility In Seremban

SEREMBAN, April 15 (Bernama) -- My Nafco Precision Sdn Bhd has unveiled its advanced manufacturing facility in Seremban, a US$40 million 10-year investment commitment.

PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Malaysia's Natural Rubber Production Drops 20.8 Pct In January 2025 -- DOSM

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell by 20.8 per cent to 30,342 tonnes in January 2025, compared to 38,299 tonnes in December 2024, according to the Department of Statistics Malaysia (DOSM).

Sunway Construction Shares Rise 15 Sen At Mid-morning After Securing RTS TOD Contract

KUALA LUMPUR, March 6 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) shares rose at the mid-morning trading session after the company secured a RM1.5 billion contract for construction works related to the Rapid Transit System Transport Orientated Development (RTS TOD) project in Bukit Chagar, Johor.

Sunway Construction Secures RM1.5 Bln Contract For RTS TOD Works In Bukit Chagar

KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.

Paramount Corp Eyes RM1.5 Bln Property Sales In 2025

KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.

Cautious Sentiment Weakens Ringgit Against US Dollar

KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today. 

Malaysia And Bahrain To Explore Cooperations In Fintech, Tourism -- PM Anwar

From Nik Nurfaqih Nik Wil

MANAMA (Bahrain), Feb 20 (Bernama) --  Malaysia and Bahrain are committed to strengthening cooperation, including in emerging financial technologies such as cryptocurrency and sandbox platform, Prime Minister Datuk Seri Anwar Ibrahim said today.

Johor Plantations Posts Higher Net Profit Of RM257.32 Mln For FY2024

KUALA LUMPUR, Feb 17 (Bernama) -- Johor Plantations Group Bhd (JPG) recorded a higher net profit of RM257.32 million for the financial year ended Dec 31, 2024 (FY2024), up from RM167.31 million a year ago.