Chinese Investors Eye Opportunities In Labuan -- Zaliha Mustafa
LABUAN, Nov 4 (Bernama) -- Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors.
| LATEST NEWS | A number of dormant companies cannot be dissolved due to financial obligations, such as outstanding debts that must be settled - Liew Chin Tong | Ringgit closed lower at 3.8915/8980 versus US dollar compared with 3.8885/8925 yesterday | Supermax Corporation's net loss widened to RM58.44 million in 2Q FY2026 compared to RM4.92 million in the same period last year. | Petronas Gas net profit decreased to RM1.73 billion for financial year 2025 from the previous financial year’s RM1.84 billion. | IOI Corporation's net profit jumped to RM528.5 million in 2Q FY2026 compared to RM111.1 million in the same period last year. | |
LABUAN, Nov 4 (Bernama) -- Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors.
KUALA LUMPUR, Nov 4 (Bernama) -- The Ministry of Economy said the East Coast Economic Region Development Council (ECERDC) will implement all recommendations and suggestions in the National Audit Report 2/2024, including establishing a database to measure the socioeconomic progress of target groups.
KOTA KINABALU, Nov 4 (Bernama) -- Sabah Electricity Sdn Bhd (Sabah Electricity) has insufficient funds and needs federal government financial support to ensure a sustainable power supply, said chairman Datuk Seri Wilfred Madius Tangau.
KUALA LUMPUR, Nov 2 (Bernama) -- The highly anticipated space launching site in Sabah would place Malaysia as ASEAN’s leading country in the region in terms of technology advancement, said Ukraine deputy economy minister Taras Kachka.
KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cup lump and latex has not been activated for October 2024 in Peninsular Malaysia, Sabah dan Sarawak.
KUALA LUMPUR, Oct 29 (Bernama) -- The government has channelled a total of RM6.35 billion in financing to 265,097 entrepreneurs through the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) until September this year.
KUALA LUMPUR, Oct 28 (Bernama) -- The government, through the East Coast Economic Region (ECER) Development Council (ECERDC), will continue to focus on attracting private investments and realising high-value investment projects in the region, especially the Pahang Technology Park (PTP) and Gambang Halal Park (GHP).
TUARAN, Oct 28 (Bernama) -- The Sabah government’s investor-friendly policy has shown promising results, with the state now attracting a growing number of local and foreign investors across various sectors.
KUALA LUMPUR, Oct 28 (Bernama) -- The Petroleum Dealers Association of Malaysia (PDAM) is committed to exploring solutions to align with Prime Minister Datuk Seri Anwar Ibrahim's vision for all petrol station operators to improve facilities at their premises.
KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.
KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).
KUALA LUMPUR, Oct 28 (Bernama) -- Meta Bright Group Bhd's (MBGB) subsidiaries, Expogaya Sdn Bhd (EXPO) and Jesselton Concrete Sdn Bhd (Jesselton Concrete) have secured banking facilities totalling RM43.85 million from Hong Leong Bank Bhd (HLB) to boost the company’s concrete business segment growth.