LPPB Raises Concern Over Rising Construction Material Costs

KOTA KINABALU, April 12 (Bernama) -- Sabah Housing and Urban Development Authority (LPPB) today raised concerns over surging prices of construction materials such as cement, bricks, fertilisers and timber, which have recorded significant increases since January.

Rubber Market Ends Firmer Amid Steady Crude Oil Prices, Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 11 (Bernama) -- The Malaysian rubber market ended slightly firmer today, supported by steady benchmark crude oil prices and an uptick in regional rubber futures led by gains in Shanghai rubber futures, a dealer said.

LuMIC To Attract RM72 Bln Investments, Create Over 50,000 Jobs By 2050 -- Saarani

KUALA LUMPUR, April 10 (Bernama) -- The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next 25 years, said Perak Menteri Besar Datuk Seri Saarani Mohamad.

Tariffs, Trump And Trade: Why Malaysia Must Choose Restraint Over Retaliation

KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties. 

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

AKWEL 2024 Profit, Revenue Decline Amid Inflationary Pressures

KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)

Malaysian SMEs Urged To Diversify, Leverage ASEAN Countries To Navigate Tariff Challenges

KUALA LUMPUR, April 3 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks are mitigated, according to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng.

Asia-Pacific Air Travel Rebounds Beyond Pre-pandemic Levels - AAPA

PERTH, March 25 (Bernama) -- Asia-Pacific air travel has rebounded beyond pre-pandemic levels, driven by strong demand, global economic growth, and rising passenger volumes, said the Association of Asia Pacific Airlines (AAPA). 

Local Rubber Market Ends Higher On Regional Uptrend

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 24 (Bernama) -- The Malaysian rubber market closed higher on Monday, driven by an upward momentum in regional rubber markets, said a dealer.

Local Rubber Market Closes Lower In Line With Regional Peers

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 21 (Bernama) -- The Malaysian rubber market closed lower on Friday due to weaker guidance from its regional peers and benchmark crude oil prices, a dealer said.

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).

Investment Banks Positive On Top Glove Amid Expected Sales Growth As Inventory Depletes

KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.