Govt Still Bearing Diesel Subsidy Expenses - Rafizi Ramli
KUALA LUMPUR, Sept 30 (Bernama) --The government is still bearing the cost of diesel subsidies for eligible sectors, according to Economy Minister Rafizi Ramli.
| LATEST NEWS | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | |
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GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.
Malaysia-designed Thada EV Motorcycles Rev Up Market Momentum in Cambodia
From Vijian Paramasivam
PHNOM PENH, Sept 30 (Bernama) -- Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia's growing green transportation system with its Thada brand electric motorcycles.
Petronas Secures Third O&G Concession In Abu Dhabi
KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).
BMI Projects Malaysia’s Deficit To Fall Below 4 Pct In 2025
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
RM403.7 Bln Expected For Budget 2025 - TA Securities
KUALA LUMPUR, Sept 28 (Bernama) -- An allocation of RM403.7 billion is expected for Budget 2025, comprising RM305.7 billion and RM97.9 billion for operating and development expenditures, respectively, according to TA Securities Holdings Bhd.
Petronas, Mitsubishi Sign New Agreements For LNG Delivery
KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Mitsubishi Corporation have signed new agreements to further leverage Petronas’ capabilities in delivering liquefied natural gas (LNG) to international markets, primarily targeting customers in Japan.
MIBS 2024 Targets Transactions Worth RM10 Mln, 25 MoUs To Be Signed
KUALA LUMPUR, Sept 27 (Bernama) -- The 19th Malaysia International Branding Showcase (MIBS) 2024 targets to achieve RM10 million in transaction value, while fostering significant international business collaborations.
Westports Development To Strengthen Malaysia As Global Maritime And Logistics Hub
PORT KLANG, Sept 27 (Bernama) – The development of Westports Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub.
Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls
By Karina Imran
KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.
Gamuda Up In Early Trade Following Strong FY2024 Results
KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.
Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln
KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.