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Gamuda-Ferrovial JV Secures ECI Deal For Capricornia Pumped Hydroelectric Energy System

KUALA LUMPUR, Jan 24 (Bernama) -- Gamuda Bhd, in a joint venture with Ferrovial (GFJV), has inked an early contractor involvement (ECI) agreement with Capricornia Energy Hub (CEH) for its Capricornia Pumped Hydroelectric Storage System (PHES) in Central Queensland, Australia. 

Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year. 

SOGIP Port Launch Boosts Sabah’s Economic Prospects

KOTA KINABALU, Jan 23 (Bernama) -- The declaration of the Port of Sipitang Oil and Gas Industrial Park (SOGIP Port) marks a strategic milestone with significant potential to drive Sabah's economic growth, Deputy Chief Minister III Datuk Shahelmey Yahya said.  

Westports Names Ruben Gnanalingam Executive Chairman

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd has redesignated Datuk Ruben Emir Gnanalingam Abdullah as executive chairman of the company and its wholly owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), effective Feb 1, 2025.

Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year. 

PM Anwar’s WEF Dialogues -- From Manchester United, Regional Challenges To Balancing Global Superpower Dynamics

KUALA LUMPUR, Jan 23 (Bernama) -- Prime Minister and ASEAN chair Datuk Seri Anwar Ibrahim made an indelible mark at the World Economic Forum (WEF) 2025 in Davos, Switzerland, by seamlessly navigating discussions that ranged from light-hearted conversations about his favourite football club to the intricate dynamics of international relations and challenges and successes of regional integration.

Majority ASEAN Members Should Adopt Common Central Time Zone -- Abdul Wahid

KUALA LUMPUR, Jan 21 (Bernama) -- The majority of ASEAN member countries should adopt a common time zone of GMT+8 as this would further integrate ASEAN as a compelling economic bloc, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said.

Maybank IB Forecasts 41 Pct Gateway Container Mix For Westports In FY2025

KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.

PM's UK Visit Successfully Attracts Potential Investments Worth RM11 Bln

By D.Arul Rajoo

LONDON, Jan 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to the United Kingdom (UK) has successfully attracted RM11 billion in potential investments across various sectors, including renewable energy and the digital economy.

Malaysia To Rejuvenate Underutilised ASEAN Plus Three, EAS To Bolster Regional Cooperation -- PM Anwar 

From D.Arul Rajoo

LONDON, Jan 17 (Bernama) -- As chair of ASEAN in 2025, Malaysia will seek to rejuvenate key mechanisms like the ASEAN Plus Three and the East Asia Summit (EAS), both of which have been celebrated for their convening power but remain underutilised, Prime Minister Datuk Seri Anwar Ibrahim said. 

Malaysia-UAE CEPA Set To Boost Bilateral Trade By 60 Pct -- Tengku Zafrul

KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.