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There are 53 news based on search keyword " economic benefit"

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

Grab Delivered RM9.9 Bln To Malaysia’s GDP In 2023 -- EconWorks

KUALA LUMPUR, Feb 17 (Bernama) -- Grab’s on-demand services, including ride-hailing and delivery, contributed RM9.9 billion to the Malaysian economy in 2023, according to a new report by local economics consultancy firm EconWorks.

Sarawak's MASwings Acquisition Finalised, Airline To Be Known As AirBorneo

KUCHING, Feb 12 (Bernama) -- The Sarawak government, which today formalised its acquisition of MASwings through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), has named the state’s new airline AirBorneo. 

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.

Asian Supply Base Crew Change Facility To Boost Labuan’s Offshore Operations

LABUAN, Jan 22 (Bernama) -- The Asian Supply Base (ASB) has officially launched a new Crew Change Facility designed to streamline the signing-on and signing-off for the oil and gas (O&G) crews, marking a significant advancement in offshore operations in Malaysia.

AirAsia Eyes 5 Mln Guest Arrivals To Sabah This Year

KOTA KINABALU, Jan 14 (Bernama) -- Budget carrier AirAsia is expecting five million guest arrivals to Sabah through Kota Kinabalu, Sandakan, and Tawau this year, up from the 3.7 million arrivals recorded in 2024.

TNB To Ensure Reliable, Continuous Supply Via RP4

KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.

Reviving HSR Can Solidify Malaysia’s Leadership In Southeast Asia, Says Transportation Expert

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 26 (Bernama) -- Reviving the Kuala Lumpur-Singapore High-Speed Rail (HSR) presents Malaysia with a transformative opportunity to unlock the country’s full economic potential and reinforce its leadership in Southeast Asia, according to transportation think tank My Mobility Vision.

Sapangar Bay Port Trade Hub To Positively Impact Sabah's Economy

KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.

Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout

KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.

Tengku Zafrul: Malaysia Committed To Regional Integration Including For Halal Industry

KUALA LUMPUR, Nov 14 (Bernama) --  As ASEAN Chair in 2025, Malaysia is committed to increasing regional integration and benefitting from stronger cooperation, including in the halal industry, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

BRICS Membership To Offer Fairer Global Trade Landscape For Malaysia -- Russian Ambassador

KUALA LUMPUR, Nov 8 (Bernama) --  Russia’s Ambassador to Malaysia, Naiyl Latypov welcomed Malaysia’s interest in joining BRICS, saying that the coalition offers a pathway to a fairer global trade system that would benefit smaller and developing nations.