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Malaysia’s January 2025 Inflation Remains At 1.7 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s inflation rate remained at 1.7 per cent in January 2025, with the index points standing at 133.6 points compared to 131.4 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).

Sunway Construction's FY2024 Net Profit Surges To RM186.9 Mln On Strong Project Progress

KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.

EPF Buys MAHB Shares At RM11 To Ensure Higher Relisting Price – Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- The Employees Provident Fund’s (EPF) move to buy Malaysia Airports Holdings Bhd’s (MAHB) shares at RM11 per unit is aimed at positioning the company for a future relisting at a higher valuation.

SC Partners ICAEW To Enhance Expertise In Sustainability Disclosures

KUALA LUMPUR, Feb 19 (Bernama) -- The Securities Commission Malaysia (SC) has initiated a collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) through a letter of intent (LoI) to work together in specific areas.

Penang Port’s Cargo Handling Increases To 32.33 Mln Fwt In 2024 - Hasbi

GEORGE TOWN, Feb 19 (Bernama) -- Penang Port continued its excellent performance in cargo handling in 2024, handling 32.33 million freight weight tonnes, an increase of 0.77 per cent.

Sime Darby Auto ConneXion Invests RM16.6 Mln In 3S Showroom In Penang

GEORGE TOWN, Feb 18 (Bernama) -- Sime Darby Auto ConneXion (Auto ConneXion), the sole distributor for Ford in Malaysia, has officially opened its latest and largest 3S (Sales, Service and Spare Parts) showroom in Penang, located at Jalan Baru, Seberang Perai Tengah.

Taiwan's ASE Opens 5th Semiconductor Plant In Penang

GEORGE TOWN, Feb 18 (Bernama) -- Taiwan’s ASE Technology Holding Co Ltd has officially opened its fifth plant in Penang for chip packaging and testing.

JHT Semiconductor Opens State-of-the-art Manufacturing Facility In Penang

KUALA LUMPUR, Feb 18 (Bernama) -- JHT Semiconductor Sdn Bhd, a wholly-owned subsidiary of JHT Design Co Ltd, has officially opened its leading-edge manufacturing facility in Batu Kawan, Pulau Pinang, on Feb 15.

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.

MSMEs In Northern Region Encouraged To Leverage MyCIF For Business Expansion

BUKIT MERTAJAM, Feb 18 (Bernama) -- Entrepreneurs of micro, small, and medium enterprises (MSMEs) in the northern region are encouraged to explore new funding opportunities through the Malaysia Co-Investment Fund (MyCIF).

MITRA, Bursa Organise Shares Carnival To Increase Equity Holdings Of Indian Community

PUTRAJAYA, Feb 17 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA), in collaboration  with Bursa Malaysia Bhd, is organising the 2024/2025 Investment and Shares Carnival Programme as an initiative to increase the equity holdings among the Indian community through stock investment.