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ADB To Mobilise US30 Bln By 2030 To Support ASEAN Countries

KUALA LUMPUR, May 8 (Bernama) -- The Asian Development Bank (ADB) today will mobilise US$30 billion (US$1 = RM3.91) by 2030 to help ASEAN nations advance long-term development priorities and withstand external shocks.

KJTS’ Lestari Cooling Energy Activates Platform, Invests RM23 Mln Across Eight KIPMall Sites

KUALA LUMPUR, May 8 (Bernama) -- KJTS Group Bhd’s joint venture, Lestari Cooling Energy Sdn Bhd, has activated its operating platform with its first investment in operating assets owned by KIP Real Estate Investment Trust (KIP REIT).

Wolters Kluwer Enables Segway-Ninebot Financial Transformation  

KUALA LUMPUR, May 8 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, announced the successful completion and full go‑live of a two-phase platform for Segway-Ninebot, a global leader in electric personal mobility.

Penang Continues To Drive National Economy, Records Investments Totalling RM63.96 Bln In 2025

GEORGE TOWN, May 8 (Bernama) -- Penang continued to serve as a driver of the nation’s industry and sustained its growth momentum by recording RM63.96 billion in approved investments last year, according to Penang Governor Tun Ramli Ngah Talib.

Gamuda Climbs 0.52 Pct On 10th Taiwan Project Win

KUALA LUMPUR, May 8 (Bernama) -- Gamuda Bhd shares edged up 0.52 per cent this morning after the group announced it had secured a RM3.30 billion contract for the Kaohsiung Metropolitan Mass Rapid Transit (MRT) project in Taiwan.

BNM Sees Malaysia Maintaining Growth Momentum In 1Q 2026 Amid External Risks

KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia (BNM) said Malaysia’s latest economic indicators point towards continued growth momentum in the first quarter of 2026 (1Q 2026), driven by sustained domestic demand and strong export performance.

MIDA Strengthens Semiconductor Ecosystem Via Talent Development

KUALA LUMPUR, May 7 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is strengthening Malaysia’s semiconductor ecosystem through a strategic focus on talent development, smart manufacturing and supply chain integration in conjunction with SEMICON Southeast Asia 2026.

MIMOS Forges Partnership With Universiti Brunei Darussalam To Advance Deep-Tech Agenda

KUALA LUMPUR, May 5 (Bernama) -- MIMOS International Venture Sdn Bhd (MIVSB) has formalised a strategic partnership with Universiti Brunei Darussalam (UBD) to advance Malaysia’s deep-tech agenda and accelerate regional commercialisation.

PDC, MAHB Approve Formation Of Joint Venture Company To Implement PILA Project

GEORGE TOWN, May 5 (Bernama) -- The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (PILA) project.

LPA, MIMA Ink MoU To Strengthen Maritime Cooperation

By Jailani Hasan

LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.

ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

Sabah Sets Up Special Committee To Study Targeted Subsidies Amid Global Oil Price Rise

KOTA KINABALU, April 29 (Bernama) -- The Sabah state government has established a special committee to study the need for targeted subsidies as an effort to assist sectors affected by the rise in global oil prices, said Deputy Chief Minister II Datuk Seri Masidi Manjun.