Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

More To Come For Johor’s Data Centre Industry – Gobind

KUALA LUMPUR, Oct 29 (Bernama) -- More exciting developments are anticipated in Johor in the near future, particularly in the data centre sector, said Digital Minister Gobind Singh Deo.

IOI Properties To Develop RM12 Bln Rio City Over 12 Years

PUCHONG, Oct 29 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development valued at RM12 billion over 12 years.

Unipart Secures Contract With Vanchanggo To Provide E-commerce Services

KUALA LUMPUR, Oct 29 (Bernama) -- Unipart, the supply chain solutions and performance improvement technologies partner, has won a three-year contract with Vanchanggo, a rapidly expanding business-to-business (B2B) and business-to-consumer (B2C) pet supplies retailer based in South Korea.

Stable Prices Expected Following September PPI Decline - MIDF

KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.

Green Energy Sector Can Attract Foreign Direct Investment To Malaysia

KUALA LUMPUR, Oct 28 (Bernama) -- The green energy sector has major potential to attract more foreign direct investment (FDI) to Malaysia as the world moves toward sustainable energy sources.

PDAM Commits To Improving Facilities While Balancing Financial Realities Of Members

KUALA LUMPUR, Oct 28 (Bernama) -- The Petroleum Dealers Association of Malaysia (PDAM) is committed to exploring solutions to align with Prime Minister Datuk Seri Anwar Ibrahim's vision for all petrol station operators to improve facilities at their premises.

BMI Predicts 2.0 Pct Growth In SEA LPG Demand

KUALA LUMPUR, Oct 28 (Bernama) -- Southeast Asia's (SEA) liquefied petroleum gas (LPG) consumption is projected to grow at an average rate of 2.0 per cent annually from 2023 to 2033, according to BMI, a unit of the Fitch group.

Bursa Malaysia Edges Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning session in the red, tracking mixed performances in regional markets and on Wall Street amid cautious trading.

US Keen On Climate Change Partnerships With Malaysia, Focusing On SAF To Reduce Emissions

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 27 (Bernama) -- The United States is keen to explore climate change partnerships with Malaysia, focusing on sustainable aviation fuels (SAF) in its pursuit to cut down carbon emissions and achieve a clean, green climate-resilient future.

Petronas Introduces Two Initiatives To Bolster Oil And Gas Sector

KUALA LUMPUR, Oct 25 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.

Sarawak Metro Awards RM122 Mln Contract For Hydrogen Bus Supply to JV

KUCHING, Oct 25 (Bernama) -- Sarawak Metro Sdn Bhd (Sarawak Metro) has awarded a contract worth over RM122 million to a joint venture (JV) company comprising SKS Coachbuilders Sdn Bhd and Sun Credit Sdn Bhd for the supply of hydrogen-powered feeder buses.