LATEST NEWS   The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

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TH Properties, Affin Bank Sign MoU To Offer Financing Solutions For Young Homebuyers

KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors. 

MADANI Economy Framework Bearing Fruits, Malaysia To Launch Second Chip Design Park - PM Anwar  

From D. Arul Rajoo

LONDON, Jan 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted the success of the MADANI Economy Framework, which was launched in 2023, during his lecture at the London School of Economics (LSE) today.

UEM Lestra Secures Offtakers For 1GW Hybrid Solar Power Plant Under CRESS

KUALA LUMPUR, Jan 17 (Bernama) -- UEM Lestra Bhd, a wholly-owned subsidiary and green industries arm of UEM Group Bhd, has secured offtakers for its National Energy Transition Roadmap (NETR) one-gigawatt (1GW) hybrid solar power plant project under the government’s Corporate Renewable Energy Supply Scheme or CRESS. 

Affin Hwang Launches Malaysia’s First Crude Palm Oil Futures Structured Warrant

KUALA LUMPUR, Jan 17 (Bernama) -- Affin Hwang Investment Bank Bhd has launched Malaysia’s first crude palm oil futures structured warrant on Bursa Malaysia.

UEM Lestra, ESR Group Sign Green Electricity Supply Deal Under CRESS - PETRA

PUTRAJAYA, Jan 16 (Bernama) -- UEM Lestra Bhd and ESR Group Ltd signed a green electricity supply agreement via third-party access under the Corporate Renewable Energy Supply Scheme (CRESS) today. 

Antom, AirAsia MOVE Join Forces For Seamless Payment Solutions

KUALA LUMPUR, Jan 8 (Bernama) -- Singapore-headquartered Ant International announced its payment and digitisation services provider, Antom, with AirAsia MOVE, has signed a partnership agreement to transform travel, including seamless payment experiences on the app.

Marrybrown's Egg-stra Ong Returns To Mark Lunar New Year Celebrations

KUALA LUMPUR, Jan 8 (Bernama) -- Marrybrown is ringing in the Lunar New Year with the return of its popular seasonal offering, the Egg-stra Ong.

AWS's Infrastructure Region In Thailand To Support Digital Transformation, AI Growth

KUALA LUMPUR, Jan 8 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, has launched the AWS Asia Pacific (Thailand) Region, providing developers, enterprises, and organisations with enhanced options for running their applications from data centres within Thailand.

Avis Predicts Surge In Corporate EV Leasing Demand

SHAH ALAM, Jan 6 (Bernama) -- Avis Malaysia, a mobility solutions provider, projects a rise in demand for electric vehicles (EVs) in the corporate non-commercial leasing segment this year, driven by government-friendly policies.

Malaysian Cafe Owners To Rethink Pricing Strategies As Coffee Bean Prices Reach Record Highs

KUALA LUMPUR, Jan 5 (Bernama) – Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs. 

Coffee Drinkers Have To Adapt To Surging Prices Amid Global Supply Shortage

By Fatin Umairah Abdul Hamid and K.Naveen Prabu

KUALA LUMPUR, Jan 5 (Bernama) -- Coffee lovers who are now paying more for their favourite specialty brew amid rising coffee bean prices might be forced to adopt more affordable alternatives such as brewing their own coffee and drinking it less frequently.

Permaju Proposes RM258 Mln Capital Reduction 

KUALA LUMPUR, Dec 31 (Bernama) -- Permaju Industries Bhd has proposed a capital reduction of up to RM258 million via the cancellation of its issued share capital “which is lost and unrepresented by available assets.”