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KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.
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PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).
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By Abdul Hamid A Rahman & Mikhail Raj Abdullah
KUALA LUMPUR, Aug 6 (Bernama) -- A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and connectivity via the East Coast Rail Link (ECRL).
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KUALA LUMPUR, Aug 4 (Bernama) -- CIMB Securities Sdn Bhd has upgraded Westports Holdings Bhd to “Buy” from “Hold” driven by higher container revenue following Port Klang’s new tariff implementation and higher transhipment volumes on the back of new services.
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KUALA LUMPUR, Aug 1 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has refuted claims that the United States (US) has requested for exclusive access to rare earth products from Malaysia.
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KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this.
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KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.
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KUALA LUMPUR, July 31 (Bernama) -- The government will prioritise the growth of strategic industries within a sustainable and competitive blue economy, focusing on integrated fisheries hubs, coastal and maritime tourism, blue bio-based technologies, and the development of a blue economy hub in Sabah.
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KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) will likely target sustainable gross domestic product (GDP) growth of 4.0-5.0 per cent annually from 2026 to 2030, driven by infrastructure development, domestic consumption and strategic initiatives like the Johor-Singapore Special Economic Zone, according to MBSB Investment Bank (MBSB Research).
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JOHOR BAHRU, July 30 (Bernama) -- Johor has secured RM1.34 billion in investment commitments from five Singapore-based companies under the Johor-Singapore Special Economic Zone (JS-SEZ), Johor Menteri Besar Datuk Onn Hafiz Ghazi said.
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KUALA LUMPUR, July 26 (Bernama) -- AirAsia Malaysia has launched two new direct routes connecting Kuala Lumpur and Kuching to Pontianak, the capital city of West Kalimantan, Indonesia, with AirAsia as the only airline operating international flights to the city starting Sept 12, 2025.
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KUALA LUMPUR, July 25 (Bernama) -- Mongolian Mining Corporation (MMC), the largest internationally listed private mining company operating in Mongolia, reported a 28 per cent year-on-year (YoY) drop in coal output for the second quarter (Q2) ended June 30, 2025, amid operational headwinds.