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PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Data Centres, Logistics, Housing Demand To Fuel Real Estate Growth -- Juwai IQI

KUALA LUMPUR, March 4 (Bernama) -- Juwai IQI expects the Malaysian property market to maintain its strong performance in 2025, backed by growth in artificial intelligence (AI), investments as well as the industrial and commercial segments.

Economy Ministry To Launch Natural Gas Roadmap By Third Quarter This Year -- Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The Ministry of Economy will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today. 

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.

Genting Malaysia Net Profit Triples To RM569.16 Mln In 3Q On Higher EBITDA

KUALA LUMPUR, Nov 28 (Bernama) -- Genting Malaysia Bhd’s net profit tripled to RM569.16 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM177.41 million in the same quarter last year, on higher adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) by 75 per cent.

Inaugural WIC Highlights Saudi’s Leadership In Global Investment Opportunities

KUALA LUMPUR, Nov 26 (Bernama) -- The 28th World Investment Conference (WIC) was officially launched today in Riyadh by Invest Saudi and the World Association of Investment Promotion Agencies (WAIPA).

Trump’s Economic Policies Can Add RM19.7 Bln To Malaysia's GDP - Juwai IQI

KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).

Kioxia's QLC UFS Ver. 4.0 Devices Suitable For Applications With Higher Storage Capacity

KUALA LUMPUR, Oct 30 (Bernama) -- Kioxia Corporation, a world leader in memory solutions,  announced it has begun mass production of the industry’s first Universal Flash Storage (UFS) Ver. 4.0 embedded flash memory devices with four-bit-per-cell, quadruple-level cell (QLC) technology.

Avaland Celebrates Avenue25, Redefines Sustainable Living

KUALA LUMPUR, Oct 14 (Bernama) -- Property developer Avaland Bhd aims to set a new benchmark with the Avenue25 project in Subang Jaya, with all phases targeted to achieve GreenRE Gold certification.

 

ASEAN Govts Need To Ensure Power Grid Interconnection Becomes A Reality - Sarawak Energy

KUALA LUMPUR, Oct 8 (Bernama) -- ASEAN governments need to ensure that the interconnection of their power grids becomes a reality as there will be no energy transition without the interconnectivity in this region, said Sarawak Energy Bhd group chief executive officer Datuk Sharbini Suhaili. 

 

Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders 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.