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FBM KLCI Rallies As Best-performing Index, Rebounding From 5-day Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) emerged as the top-performing index in the region today, gaining 1.69 per cent, as it bounced back from a significant five-day sell-off, driven by bargain hunting.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

IOI Properties To Unveil Senna Exchange, Sepang's Next Commercial Address

KUALA LUMPUR, March 10 (Bernama) -- IOI Properties Group Bhd (IOIPG) is set to unveil Senna ExChange, the first commercial offering in its signature township of Senna Puteri in Salak Tinggi, Selangor.

ASEAN Must Leverage Australia To Boost Economic Resilience – MGBF

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) must develop a parallel strategy by engaging major economies beyond the region, particularly Australia, to enhance production, productivity, and domestic consumption, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said.

Malaysia's International Reserves Rise To US$118.3 Bln As At Feb 28, 2025

KUALA LUMPUR, March 7 (Bernama) -- Malaysia’s international reserves rose to US$118.3 billion as at Feb 28, 2025, from US$117.7  billion on Feb 14, 2025, according to Bank Negara Malaysia (BNM).

Sapura Industrial Eyes Collaboration With China's ZZ Tech To Make Battery Components

KUALA LUMPUR, March 6 (Bernama) -- Sapura Industrial Bhd’s wholly owned subsidiary Sib Ventures Sdn Bhd has inked a memorandum of understanding with China-based Zhejiang Zhongze Precision Technology Co Ltd (ZZ Tech) to set up a battery component manufacturing facility in Malaysia.

PDC, SP Setia Team Up To Develop Industrial Park With RM1.2 Bln GDV

GEORGE TOWN, March 3 (Bernama) -- The Penang Development Corporation (PDC) has partnered with SP Setia Bhd to develop an industrial park in Bandar Setia Fontaines, Bertam near here with a gross development value (GDV) of RM1.2 billion to RM1.6 billion. 

GEM Launches State-of- The-art Cleanroom Facility In Perak

IPOH, March 3 (Bernama) -- Green Excel Manufacturing Sdn Bhd (GEM) launched its state-of-the-art manufacturing facility in Taiping on March 1, reaffirming its commitment to innovation, quality, and the growth of its global and local operations.

Toshiba Unveils AEC-Q100 Compliant Automotive Standard Digital Isolators

KUALA LUMPUR, Feb 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched its first lineup of four-channel high-speed standard digital isolators for automotive applications, with shipments having commenced.

Malaysia’s Economy Shows Promising Growth, LI Rises 3.1 Pct In Dec 2024

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia’s economy is expected to continue promising progress in the near term with the leading index (LI) accelerated to 3.1 per cent year-on-year (y-o-y) in Dec 2024 compared to 0.4 per cent in December 2023.

SIBS 2025 Set For Oct 8-11, Solidifying Selangor AS ASEAN Gateway

SHAH ALAM, Feb 25 (Bernama) -- The Selangor International Business Summit 2025 (SIBS 2025), set for October 8 to 11 at the Kuala Lumpur Convention Centre, aims to position Selangor as a regional investment hub and gateway to ASEAN markets.

EPMB, China’s Sanly And Jujin To Localise Proton Saga MC3 Parts

KUALA LUMPUR, Feb 24 (Bernama) -- EP Manufacturing Bhd (EPMB) has signed joint venture agreements with China-based Sanly and Jujin to localise the production of key automotive components for the Proton Saga MC3.