LATEST NEWS   Targeted RON95 petrol subsidy cap for e-hailing and gig workers maintained at 800 litres - PM Anwar | Malaysia is still a centre very actively attracting investments despite the world facing turmoil and conflicts -- PM Anwar | BUDI95 individual quota temporarily adjusted from 300 litres to 200 litres per month effective April 1 - PM Anwar | West Asia conflict: Sabah, Sarawak to continue enjoying subsidised diesel at RM2.15 per litre despite price surge - PM Anwar | PM Anwar hopes the public understands that the reduction of the BUDI RON95 subsidy quota was made after careful consideration | 

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Expert Mulls TVET Act To Boost New Industrial Master Plan 2030 Implementation

KUALA LUMPUR, Feb 6 (Bernama) -- A comprehensive legislative framework in the form of a National Technical and Vocational Education and Training (TVET) Act will further strengthen the implementation of Malaysia’s industrial and talent development agenda under the New Industrial Master Plan 2030 (NIMP 2030).

IMT-GT Must Be Strengthened As A Pillar Of ASEAN Economic Integration

GEORGE TOWN, Feb 5 (Bernama) -- The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) must be strengthened and repositioned as a key instrument to translate ASEAN’s economic integration into tangible outcomes at the sub-regional and grassroots levels.

PNB To Assess Sunway's VGO For IJM Based On Commercial Basis

KUALA LUMPUR, Feb 4 (Bernama) — Permodalan Nasional Bhd (PNB) will assess Sunway Bhd’s voluntary general offer (VGO) for IJM Corporation Bhd based on commercial considerations, offer risks, governance, investment returns, and Sunway’s strategic plans post- acquisition.

Binastra Unit Bags RM503 Mln Kuala Lumpur Data Centre Contract

KUALA LUMPUR, Feb 4 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary, Binastra Builders Sdn Bhd, has secured a RM503 million contract from Exsim Sri Permai Sdn Bhd for a proposed data centre development in Jalan Sri Permaisuri, Kuala Lumpur.

SGX-listed Mooreast Eyes Collaboration With Sime Darby Unit On Offshore, Renewables

SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.

Pintaras Jaya's Unit Bags Works Subcontract Worth RM35.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Pintaras Jaya Bhd’s wholly owned subsidiary, Pintaras (East Malaysia) Sdn Bhd, has won a subcontract for a proposed bridge construction in Kuching, Sarawak, worth RM35.5 million.

WTK Shareholders Approve Stake Acquisition In Three Companies For RM555 Mln

KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.

CLMT To Raise Assets Under Management By 20 Pct In Three Years

KUALA LUMPUR, Jan 28 (Bernama) -- CapitaLand Malaysia Trust (CLMT) aims to increase its assets under management by 20 per cent in three years from the current 7.9 per cent under its industrial and logistics segment.

Kinergy Advancement Partners Thailand's B.Grimm Power To Develop New Gas Turbine Power Plant

KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.

Penang Homeport Shift To Boost Malaysia’s Maritime Role

GEORGE TOWN, Jan 27 (Bernama) -- The federal government’s move to position Penang Port, anchored by Swettenham Pier Cruise Terminal (SPCT), as the main homeport for the northern region is expected to elevate Penang’s role within Malaysia’s maritime ecosystem and strengthen regional economic connectivity.

New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

MTT Shipping And Logistics Gets SC Approval For Main Market Listing

KUALA LUMPUR, Jan 26 (Bernama) -- Maritime logistics services provider MTT Shipping and Logistics Bhd (MTTSL) has obtained approval from Securities Commission Malaysia (SC) for its proposed listing on the Main Market of Bursa Malaysia Securities Bhd.