AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.

Putra Heights Fire Sparks Production Disruptions, Financial Losses For 200 Factories

By Zufazlin Baharuddin

KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.

Gas Malaysia Up 0.23 Pct In Late Morning

KUALA LUMPUR, April 2 (Bernama) -- The share price of Gas Malaysia Bhd was marginally higher late morning today following the Putra Heights gas pipeline inferno on Tuesday. 

Malakoff Secures Second Phase Of Solar Energy Contract From Northport

KUALA LUMPUR, March 27 (Bernama) -- Malakoff Radiance Sdn Bhd, the solar arm of Malakoff Corp Bhd, has secured the second phase of its solar energy contract from Northport (Malaysia) Bhd.

Govt Allocates RM1.9 Bln For New Prasarana Buses - Amir Hamzah 

KUALA LUMPUR, March 27 (Bernama) -- The Finance Ministry has allocated RM1.9 billion to Prasarana Malaysia Bhd to buy 1,660 new diesel and electric buses in phases over a three-year period.

AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT

KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.

Malaysia's US Pizza To Open 42 New Outlets Nationwide This Year

KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s largest home-grown pizza chain US Pizza aims to open 42 new outlets nationwide this year to bolster its presence in the local market. 

Phase 1 Of Perlis Inland Port To Handle 300,000 TEU Annually, Set For Completion By 3Q - Loke

PADANG BESAR, March 24 (Bernama) -- Phase 1 of the Perlis Inland Port (PIP) project in Chuping, which is expected to be completed in the third quarter (3Q) of this year, is capable of handling 300,000 twenty-foot equivalent unit (TEU) of containers annually.

Risks Remain Contained For Non-residential Property Sector Despite Office, Retail Challenges – BNM

KUALA LUMPUR, March 24 (Bernama) – Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 despite continued challenges in the office space and shopping complex segments (OSSC), Bank Negara Malaysia (BNM) said in its Financial Stability Review released today.

Nestle Malaysia, Local Partner Invest RM250 Mln In New Logistics Hub

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).

Eco World Records Net Profit Of RM80.34 Mln In 1Q

KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.