KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.
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.
KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.
KUALA LUMPUR, Feb 12 (Bernama) -- A total of 222 Bumiputera micro, small, and medium enterprises (MSMEs) have benefited from the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia with grant approvals totalling RM34.44 million, up to December 2024.
KUALA LUMPUR, Feb 12 (Bernama) -- Matrix Concepts Holdings Bhd's (MCHB) 85 per cent-owned subsidiary, N9 Matrix Development Sdn Bhd, has entered into a sale and purchase agreement (SPA) to dispose of 15.64 hectares of land for RM90.91 million to Kuntum Kemuning Sdn Bhd (KKSB) in Labu, Negeri Sembilan.
KUALA LUMPUR, Feb 7 (Bernama) – Malaysian Resources Corporation Bhd’s 2025 order book is anticipated to expand by RM4 billion to RM5 billion due to delayed project spillover such as the Kuala Lumpur Sentral redevelopment, LRT3 variation orders, and the Shah Alam Stadium redevelopment.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.
KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).
KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.
