Access To Financing Among Challenges For Gas Industry In Transitioning To Cleaner, Sustainable Energy

KUALA LUMPUR, Feb 13 (Bernama) -- The gas industry needs to address the right challenges especially in securing access to financing, while transitioning towards cleaner and more sustainable energy. 

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

Sarawak's MASwings Acquisition Finalised, Airline To Be Known As AirBorneo

KUCHING, Feb 12 (Bernama) -- The Sarawak government, which today formalised its acquisition of MASwings through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), has named the state’s new airline AirBorneo. 

Malaysia Can Increase Foreign Investor Appeal Despite US Policy Challenge -- MIDA

BANGI, Feb 12 (Bernama) -- Despite facing geopolitical challenges, Malaysia can still attract more foreign investments, especially from companies in countries affected by US trade policies, according to the Malaysia Investment Development Authority (MIDA).

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

LuMIC: A 25-year Vision To Boost Perak’s Economy, Strengthen Malaysia’s Port Sector

LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.

Rubber Market Likely To Stay Subdued Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 8 (Bernama) --  The Malaysian rubber market is expected to remain muted next week, with prices and demand holding mostly steady, though with a slight inclination towards a downward trend, said industry expert Denis Low.

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”

ASEAN Economic Ministers To Endorse 18 Priority Economic Deliverables At Upcoming Retreat

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

PKNPk, Gamuda In Pact To Address Critical Water Shortages In Northern Perak

KUALA LUMPUR, Feb 5 (Bernama) -- Perbadanan Kemajuan Negeri Perak (PKNPk) and Gamuda Bhd have signed an exclusive arrangement with the intent to develop an infrastructure to address critical water shortages in Northern Perak.

Revised Two Pct EPF Contribution For Foreign Workers A Fair Move - ACCCIM

KUALA LUMPUR, Feb 4 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) views the government’s proposed revision to set employers’ Employees Provident Fund (EPF) contributions at two per cent for non-Malaysian workers as reasonable.