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Penang Regional Development Authority Plans To Build 5,000 Houses In Five Years

TASEK GELUGOR, Dec 30 (Bernama) — The Penang Regional Development Authority (PERDA) plans to build 5,000 houses in Seberang Perai Utara over the next five years, with a development value exceeding RM1 billion for the people of Penang.

NANO Secures 200 Bln Indonesian Rupiah Strategic Capital From LDA Capital

KUALA LUMPUR, Dec 30 (Bernama) -- PT Nanotech Indonesia Global Tbk (NANO), together with its controlling shareholder, PT Nanotech Investama Sedaya, announced a strategic capital commitment of up to 200 billion Indonesian rupiah from LDA Capital Group LLC. (1 million Indonesian rupiah = RM241.2)

Scaling Malaysia’s Energy Roadmap Requires Sustained Investment, Resilient Infrastructure, Regional Collaboration -- TNB

KUALA LUMPUR, Dec 30 (Bernama) -- Scaling Malaysia’s energy roadmap will require sustained investment, resilient infrastructure and strong collaboration across utilities, policymakers, financiers and regional partners, including cooperation with ASEAN counterparts and global technology players.

COP30: TNB A Critical Enabler To Advance Regional Energy Cooperation Via ASEAN Power Grid

KUALA LUMPUR, Dec 29  (Bernama) -- As one of the key utilities within the ASEAN Power Grid (APG) initiative, Tenaga Nasional Bhd (TNB) will remain as a critical enabler of ASEAN’s shared energy transition, positioning cross-border interconnection as a vital driver of regional energy integration.

Rubber Market Ends Higher On Ringgit Support, Firmer Oil Prices

KUALA LUMPUR, Dec 29 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by a weaker ringgit against the US dollar and firmer crude oil prices, a dealer said.

Malaysia’s E-Commerce Stays Resilient, Future Growth To Focus On Service Quality

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia’s e-commerce sector remains resilient despite shifting consumer behaviour and global economic uncertainty, with the next phase of growth expected to focus more on execution than expansion, particularly in providing consistent, affordable, and reliable services.

Wuxiang New District Emerges As Engine For China-ASEAN Economic Growth

KUALA LUMPUR, Dec 29 (Bernama) -- Wuxiang New District of Nanning, the core zone of the "Nanning Channel" for China-ASEAN exchanges, is leveraging multiple national-level opening-up platforms and serving as a financial gateway orientated toward ASEAN.

Butterworth KTM Station, Air Cargo Terminal Upgrade To Drive More Balanced Development In Penang

GEORGE TOWN, Dec 28 (Bernama) -- The upgrade of Butterworth KTM Station and the expansion of the air cargo terminal at Penang International Airport could be important catalysts for achieving more balanced development between Penang Island and Seberang Perai.

Australia Eyes Increased Investment And Trade With Malaysia Next Year

KUALA LUMPUR, Dec 26  (Bernama) -- Australia is eyeing an increase in investment and trade with Malaysia next year, said Australian High Commissioner to Malaysia, Danielle Heinecke.

Rubber Market Tracks Gains In Regional Futures But Ends Mixed On Rising Ringgit

KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.

Bursa Malaysia Weaker At Midday Amid Thin Holiday Trading

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia extended its downtrend to end the morning session lower at midday, weighed by continued profit-taking amid thin holiday trading and mixed regional sentiment.

Agriculture Sector Records 3.1 Per Cent Growth In 2024, Driven By Palm Oil

PUTRAJAYA, Dec 26 (Bernama) -- The strong performance of palm oil continues to be the main driver of growth in the country’s agricultural sector, which expanded 3.1 per cent in 2024 compared with 0.2 per cent in the previous year, according to the Selected Agricultural Indicators 2025 report released today by the Department of Statistics Malaysia (DOSM).