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Econpile Unit Secures Two Contracts Worth Combined RM33.3 Mln

KUALA LUMPUR, Oct 2 (Bernama) -- Econpile Holdings Bhd's wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM33.3 million from Sg Besi Construction Sdn Bhd.

IBAC Sees Bullish Outlook For Business Aviation In Asia Pacific, Malaysia In 2025

MANILA, Oct 2 (Bernama) — Asia Pacific business aviation has plenty of growth opportunities, including the Sultan Abdul Aziz Shah Airport in Malaysia, and the sector is set to have a bullish outlook next year, according to the International Business Aviation Council (IBAC).

YAPEIM Empowers Underprivileged Entrepreneurs With Capital Funding

PUTRAJAYA, Oct 2 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YAPEIM) is committed to supporting entrepreneurs from underprivileged backgrounds by providing business capital funding.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Indonesian Tycoon Lauds Anwar's Affirmative Action To Safeguard Bumiputera Interests

PUTRAJAYA, Oct 2 (Bernama) -- The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.

Oracle's Investment Reflects Global Tech Companies' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Oct 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Oracle's investment decision reflects the confidence and commitment of global technology companies in Malaysia's potential as a regional gateway for cloud infrastructure and supporting the growth of the regional artificial intelligence (AI) ecosystem.

Oracle's Investment Set To Propel Malaysia's Digital Economy And Innovation

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle's investment in Malaysia's artificial intelligence (AI) and cloud computing sectors is set to catalyse substantial growth within the country's digital economy, enhancing technological innovation and economic competitiveness.

PropertyGuru Supports KPKT's Madani Deposit Scheme To Boost Home-ownership Among First-time Buyers

KUALA LUMPUR, Oct 2 (Bernama) -- PropertyGuru Malaysia has given full support to the Housing and Local Government Ministry's (KPKT) suggestion on the MADANI Deposit scheme in the upcoming Budget 2025.

Philippines Poised To Become Aviation Hub In Asia By 2028

MANILA, Oct 2 (Bernama) — The Philippines aviation industry is on the cusp of a significant transformation, and is poised to become an aviation hub in Asia by 2028, lifted by its airport privatisation initiatives and the completion of its new airport.

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

MIDF Expects Malaysia's Production Activities To Continue To Grow In Coming Months

KUALA LUMPUR, Oct 2 (Bernama) -- Despite concerns over slower factory activities, MIDF Amanah Investment Bank Bhd (MIDF) expects Malaysia’s production activities to continue to grow in the coming months. 

HLIB Expects Budget 2025 To Balance Fiscal Discipline And GDP Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.