1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Futuprop Sdn Bhd, has entered into a joint venture (JV) cum shareholders’ agreement (JVSHA) with Aspen Vision Development Sdn Bhd to undertake a mixed development on a 33.52-hectare land in Penang, via Rivanis Ventures Sdn Bhd.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter of 2024 (3Q 2024) compared to a 20.2 per cent increase, amounting to RM38.9 billion in the 2Q 2024.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.
1y ago
BUKIT MERTAJAM, Oct 28 (Bernama) -- Property developer Suling Hill Development Sdn Bhd today launched the Northern TechValley @ BKE, an industrial park project projected to have a gross development value (GDV) of RM1.3 billion.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Gamuda Bhd, together with two Taiwanese-based companies, MiTAC Information Technology Corp and Dong Pi Co, Ltd, have secured a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.
1y ago
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 12 (Bernama) -- Malaysian investors should seize investment opportunities in Laos as the “Land of A Million Elephants” holds great potential in hydropower, semiconductor, transport, electronics, logistics, and the halal market.
1y ago
PUTRAJAYA, Oct 8 (Bernama) -- Chinese high-tech company ISVision (Hangzhou) Technology Co. Ltd. has expressed interest in entering the Malaysian market, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia Rail Industry Corporation (MARIC) launched the first-ever Malaysia Rail Industry Directory on Tuesday during the opening of InnoTrans 2024 in Berlin, Germany.