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MIDA-Infineon Local Vendor Development Programme To Benefit 139 Malaysian Companies

KUALA LUMPUR, Jan 15 (Bernama) -- A local vendor development programme jointly curated by the Malaysian Investment Development Authority (MIDA) and Infineon Technologies (Kulim) Sdn Bhd will benefit 139 local companies.

Cargill Charts Course Toward Sustainable Shipping Via Innovation, Collaboration 

KUALA LUMPUR, Jan 15 (Bernama) -- Cargill is driving a transformation in global shipping, integrating cutting-edge technologies and partnerships to advance sustainable practices across the maritime industry.

Malaysia Strengthens Its Position As Leading Foreign Investment Destination - Fahmi

PUTRAJAYA, Jan 15 (Bernama) – Malaysia continues to strengthen its position as a leading foreign investment destination even as the Abu Dhabi Investment Authority (ADIA) expresses its commitment to increase investments in Malaysia, said Communications Minister Fahmi Fadzil.

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.

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd. 

EPF's Investment In MAHB To Support Dividend Payouts

KUALA LUMPUR, Jan 15 (Bernama) -- The Employees Provident Fund's (EPF) investment decisions, including the trading of Malaysia Airports Holdings Bhd’s (MAHB) shares, align with its broader investment objectives and are aimed at generating income required for dividend payments during the financial year.

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.

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

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.

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. 

ADB Likely To Uphold Stance Against Financing Nuclear Power Projects

PETALING JAYA, Jan 14 (Bernama) -- The Asian Development Bank (ADB) is likely to maintain its position of not financing a nuclear power generation development project while reviewing its energy policy this year, despite the growing popularity of the alternative power source.

Bursa Malaysia Ends At Intraday Low Amid Mixed Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.