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ASEAN To See US$100 Bln Boost To GDP With Increased EO Data Adoption -- Report

SINGAPORE, Feb 11 (Bernama) -- The increased adoption of Earth Observation (EO) data across Southeast Asia is estimated to contribute an additional US$100 billion to the region’s gross domestic product (GDP) cumulatively from 2023 to 2030, according to a report launched today.

Sabah Set To Become Southeast Asia's Energy Hub With RM8.88 Bln SOGIP Project

KOTA KINABALU, Feb 11 (Bernama) -- Sabah is poised to position itself as a key energy hub in Southeast Asia with the launch of an RM8.88 billion oil and gas energy hub project at the Sipitang Oil and Gas Industrial Park (SOGIP).

Malaysia Continues To Attract Foreign Investment Due To Clear Policies -- PM Anwar

KUALA LUMPUR, Feb 10 (Bernama) -- The Malaysian government’s meeting with United Kingdom (UK)-based technology company Arm Ltd today proves that clear policies such as the National Semiconductor Strategy, along with the country’s other advantages, continue to make Malaysia a prime destination for foreign investment, said Prime Minister Datuk Seri Anwar Ibrahim.

NX Vietnam Enhances Rail Freight Services With Consolidation For Small-lot Shipments

KUALA LUMPUR, Feb 7 (Bernama) -- Nippon Express (Vietnam) Co Ltd (NX Vietnam) has commenced a consolidation service to enhance its rail freight services on Vietnam's North-South Railway between Hanoi and Ho Chi Minh City.

IHH Healthcare Shares Rise After Seeking Compensation From Daiichi Sankyo Over Fortis Deal

KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.

Polyplastics To Launch 40 Pct Glass-filled Recycled DURAFIDE PPS

KUALA LUMPUR, 5 Feb (Bernama) -- Polyplastics Co Ltd, a global leader in engineering plastics, has announced plans to launch a 40 per cent glass-reinforced grade of DURAFIDE rG-PPS by December this year, as part of its mechanical recycling business.

Lendlease Global Commercial REIT Reports Lower DPU, Revenue For 1H FY2025

KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.

Mulpha International To Dispose Of Shopping Mall, Marina In Australia For RM233.42 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Mulpha International Bhd (MIB) has entered into a contract for the disposal of a shopping centre, Capri on Via Roma, and associated marina located in Queensland, Australia for A$85.5 million (RM233.42 million).

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

UEM Acquires 1.5 Mln MAHB Shares At RM10.96 Per Share

KUALA LUMPUR, Jan 27 (Bernama) -- UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd (MAHB) at RM10.96 per share on Friday, Jan 24, 2025.

MAHB Offerors Secure 92.82 Pct Acceptance, Deadline Extended To Feb 4

KUALA LUMPUR, Jan 24 (Bernama) -- The takeover of the remaining shares by the joint offerors for Malaysia Airports Holdings Bhd’s (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 92.82 per cent, exceeding the 90 per cent threshold.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.