Rubber Market Likely To Trade Range-bound With Downward Bias Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- The rubber market is expected to trade range-bound with a slight downward bias due to a lack of demand next week, industry expert Denis Low said.
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AmBank Grants RM498.6 Mln Financing To ProTT
KUALA LUMPUR, Jan 3 (Bernama) -- AmBank Group has provided a financing facility of RM498.6 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.
Rising Electricity Costs, Green Power Initiatives To Propel Solar Adoption In 2025
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
Khazanah’s Dana Impak Continues Strategic Investments To Enhance Malaysia’s Semiconductor Ecosystem
KUALA LUMPUR, Dec 27 (Bernama) -- Khazanah Nasional Bhd (Khazanah), through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (IR4.0) technologies and capacity development; and boost research & development (R&D) in artificial intelligence (AI) and semiconductors technologies.
Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts
KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).
BHIC Disposes of Stake in CAD to German Company for RM54 Mln
KUALA LUMPUR, Dec 24 (Bernama) -- Boustead Heavy Industries Corporation Bhd (BHIC) has disposed of its equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German automotive and arms manufacturer, Rheinmetall AG.
AirAsia In Talks On Aircraft Purchases As Part Of Expansion Strategy
SEPANG, Dec 23 (Bernama) -- Capital A Bhd is in discussions with aircraft manufacturers Airbus, Embraer and Comac to purchase new aircraft as part of its expansion strategy for its airline operations under the AirAsia brand.
2024 A Transformative Year For Southeast Asia’s Automotive Sector -- Carsome
KUALA LUMPUR, Dec 23 (Bernama) -- Southeast Asia’s automotive industry experienced a major transformation this year, driven by a surge in electric vehicle (EV) adoption, the rise of Chinese automakers, and evolving consumer preferences, according to integrated car e-commerce platform Carsome.
Nearfield Instruments Secures Repeat Orders For Quadra Metrology System
KUALA LUMPUR, Dec 23 (Bernama) -- Nearfield Instruments, a pioneer in advanced process control metrology solutions, announced it has received repeat purchase orders for its flagship QUADRA High-Throughput Process Control Metrology System.
HDC, HEXIO Forge Strategic Partnership To Enhance Halal Navigator With Generative AI Technology
KUALA LUMPUR, Dec 23 (Bernama) -- Halal Development Corporation Bhd (HDC) has entered into a strategic partnership with HEXIO to revolutionise the halal industry through cutting-edge artificial intelligence (AI) technology by enhancing the HDC Halal Navigator (HaNa).
FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
Rubber Market To Stay Volatile Next Week Amid Weather Woes, Global Uncertainty
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 21 (Bernama) -- The rubber market is expected to remain volatile next week, with potential for higher prices due to adverse weather conditions in major producing countries and a global shortage of natural rubber stocks, said the Malaysian Rubber Glove Manufacturers Association (Margma).