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Bursa Malaysia Ends Lower Amid Cautious Regional Sentiment

KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended lower for the second consecutive day on Thursday, dragged down by weakness in selected Petronas-related, telco and banking heavyweights, reflecting the cautious sentiment that continues to weigh on regional markets.

UOB, Invest Johor Launch Green Lane To Fast-track Investments Into JS-SEZ

ISKANDAR PUTERI, 19 Feb (Bernama) -- Singapore-based United Overseas Bank Ltd (UOB) has launched a “green lane” with Invest Johor to fast-track investments into the Johor-Singapore Special Economic Zone (JS-SEZ).

Eco World's Net Gearing To Stay Healthy Post-stake Acquisition In Paragon Pinnacle -- Investment Banks

KUALA LUMPUR, Feb 19 (Bernama) --  Eco World Development Group Bhd’s net gearing is expected to remain healthy after acquiring the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd from the  Employees Provident Fund’s unit Tanjung Wibawa Sdn Bhd for RM184.08 million, said two investment banks.

EcoWorld Malaysia Acquires Remaining 40 Pct Stake In PPSB

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.

IMFC-J, A Game-changer In Johor's Investment Landscape - Onn Hafiz

JOHOR BAHRU, Feb 18 (Bernama) -- The Investment Malaysia Facilitation Centre Johor (IMFC-J) is a game-changer in the investment landscape of the state, said Menteri Besar Datuk Onn Hafiz Ghazi.

BYD Energy Storage Inks World's Largest Grid-scale Energy Storage Deal, Totalling 15.1 GWh

KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.

EPIC Chalks Up Record Revenue Of RM403.8 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, achieved record revenue of RM403.8 million in the 2024 financial year.

Unipart Embarks Operations In Vietnam, Enhancing Supply Chain Services In APAC

KUALA LUMPUR, Feb 18 (Bernama) -- Unipart, the supply chain performance improvement partner, has officially launched operations in Vietnam.

UAE Advances Air Corridor Mapping For Autonomous Air Taxis, Drones

KUALA LUMPUR, Feb 18 (Bernama) -- The United Arab Emirates (UAE) has initiated a groundbreaking project to redefine urban transportation by mapping air corridors and developing a regulatory framework for piloted and autonomous air taxis and cargo drones.

Construction Of Petroleum Storage And Refinery At SOGIP Expected To Begin In April

KOTA KINABALU, Feb 18 (Bernama) -- The construction of the petroleum storage and refining plant at the Sipitang Oil and Gas Industrial Park (SOGIP) is expected to begin this April, said Sabah Chief Minister Datuk Seri Hajiji Noor.

Motorola Solutions Secures Contract To Enhance Emergency Radio Network In Victoria

KUALA LUMPUR, Feb 18 (Bernama) -- Motorola Solutions has been granted a 10-year contract valued at AUD$500 million (approximately US$330 million) from the Victorian government to maintain and enhance the Metropolitan Mobile Radio network (MMR) relied upon by the state’s emergency services. (US$1=RM4.42)

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.