1y ago
KUANTAN, Nov 13 (Bernama) -- Petroluxe Refinery (M) Sdn Bhd (Petroluxe), which is owned by investors from China, is expected to invest about RM3 billion to develop an integrated oil refinery and petrochemical complex on 23.96 hectares located in the Gebeng Industrial Area.
1y ago
KOTA KINABALU, Nov 13 (Bernama) -- In a significant step towards bolstering Sabah's renewable energy infrastructure, two Sabah government-linked companies (GLCs) have signed agreements with SBH Kibing Solar New Energy (M) Sdn Bhd for the development of a RM7.2 billion solar glass manufacturing plant in Kimanis.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index reversed early losses to end higher today on renewed interest in utilities as well as industrial product and services stocks amid the mixed performance by regional peers.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia turned mixed at midday today, backed by continuous buying in selected heavyweights amidst the weaker performance by regional peers.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia has committed to achieving net-zero greenhouse gas emissions by 2050, positioning itself as a responsible global player in the fight against climate change despite contributing just 0.8 per cent of global emissions.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
1y ago
From Nashir Mansor
CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.
1y ago
CAIRO, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today launched the operation of the Proton Holdings Bhd car assembly plant here.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.