KUALA LUMPUR, March 26 (Bernama) -- Lim Seong Hai Capital Bhd (LSH Capital) has signed a 20-year lease agreement with the Federal Lands Commissioner to modernise and manage one of Malaysia’s most iconic landmarks, the Kuala Lumpur Tower (KL Tower), and its surrounding areas.
KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.
KUALA LUMPUR, March 21 (Bernama) -- Nestlé Malaysia and its local partner Malconrep Depot (M) Sdn Bhd have jointly invested RM250 million to establish an integrated logistics hub in Port Klang, which is expected to be fully operational by the first quarter of 2026 (1Q 2026).
KUALA LUMPUR, March 20 (Bernama) -- Microsoft’s investments in Malaysia are expected to generate an economic impact of US$10.9 billion over the next four years, creating 37,575 jobs and accelerating the adoption of cloud and artificial intelligence (AI) technologies in the country.
LABUAN, March 20 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has been tasked by CILT Malaysia to drive the growth and development of Labuan’s logistics and transport industry.
KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.
KUALA LUMPUR, Feb 24 (Bernama) -- Bullish Aim Group and YTL Communications Sdn Bhd, a YTL Power International Bhd subsidiary, have entered into a strategic joint venture to develop next-generation common fibre infrastructure.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) must develop a parallel strategy by engaging major economies beyond the region, particularly Australia, to enhance production, productivity, and domestic consumption, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said.
KUALA LUMPUR, March 6 -- AirAsia will relocate its domestic services from Sultan Abdul Aziz Shah Airport, better known as Subang Airport, to Kuala Lumpur International Airport Terminal 2 (KLIA2), effective April 7, 2025.
KUALA LUMPUR, March 1 (Bernama) -- KPJ Healthcare Bhd posted a net profit of RM353.81 million for financial year 2024 (FY2024), up from RM263.40 million a year earlier, driven by cost optimisation, operational efficiency and patient-centric investments.
KUALA LUMPUR, Feb 25 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Paragon Pinnacle Sdn Bhd, has entered into a conditional sale and purchase agreement with Pearl Computing Malaysia Sdn Bhd for the disposal of a 23.55-hectare leasehold industrial land in Eco Business Park V for RM266.14 million cash.
