Malaysia's Auto Industry Hits Record 816,747 Units In 2024
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time.
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MIDF Forecasts 4.6 Pct Growth For Malaysia In 2025
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s economy is expected to grow at a pace of 4.6 per cent this year, driven by increased domestic spending and investment, alongside continued expansion in external trade, according to MIDF Amanah Investment Bank Bhd.
Malaysia’s GDP Expected To Hit 5.1 Pct In 2024 Vs 3.6 Pct In 2023 -- DOSM
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).
JS-SEZ Set To Become Key Platform And Gateway For Southeast Asian Investment, Says State Exco
ISKANDAR PUTERI, Jan 16 (Bernama) -- The Johor state government is committed to the success of the Johor-Singapore Special Economic Zone (JS-SEZ) initiative, which is seen as a platform or gateway for investment in Southeast Asia.
Petros and Sarawak Commit to Collaborate with Federal Government and Petronas for Smooth Execution
KUCHING, Jan 15 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has expressed his appreciation to Prime Minister Datuk Seri Anwar Ibrahim for recognising Petroleum Sarawak Bhd (Petros) as the sole gas aggregator in Sarawak.
Anwar Confident Petronas-Petros Gas Issue Resolved
From Kamarul Ariffin Md Yassin
ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.
Maybank IB Projects 4.9 Pct GDP Growth, 3.0 Pct Inflation Rate In 2025
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year.
Uzma's Subsidiary Bags Contract Extension From Petronas Carigali Worth RM100 Mln
KUALA LUMPUR, Jan 10 (Bernama) -- Uzma Bhd’s subsidiary, Setegap Ventures Petroleum Sdn Bhd (SVP), has received a contract extension worth RM100 million for the provision of coiled tubing and services from Petronas Carigali Sdn Bhd.
Bursa Set For Modest Gains Next Week On Bargain-hunting, Optimism
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.
PM Anwar Hopes Malaysia-Japan Hydrogen Energy Project Could Be Facilitated By May 2025
PUTRAJAYA, Jan 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy and decarbonisation collaboration project between Sarawak Economic Development Corporation Energy (SEDCE), Petroleum Sarawak Bhd (Petros) and a Japanese consortium could be facilitated by May this year.
Kenanga IB Sees Petronas Capex Cut Not Exceeding RM10 Bln After Petros Gas Deal
KUALA LUMPUR, Jan 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has estimated that any potential capital expenditure (capex) cut by Petroliam Nasional Bhd (Petronas) following a gas distribution agreement with Petros in Sarawak would not exceed RM10 billion annually.
BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.