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SST Enhancements Expected To Help Generate RM51.7 Bln Revenue In 2025 -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The enhancements to the Sales and Service Tax (SST), effective from May 1, 2025, are expected to help generate revenue of RM51.7 billion in 2025, according to Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

Fadillah Assures Careful Review Before Nuclear Power Commitment

KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

AKWEL Posts Noticeable Drop In Third Quarter Revenue

KUALA LUMPUR, Nov 8 (Bernama) -- AKWEL has reported a consolidated revenue of 757.7 million euros, down 5.2 per cent over the first nine months of this year, compared to same period last year. (1 euro = RM4.73)

U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi

KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil. 

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year. 

Shell Malaysia, Progressture Power in Deal To Set Up Solar Roofs At 600 Stations Nationwide

KUALA LUMPUR, Nov 4 (Bernama) -- Shell Malaysia Ltd and Progressture Power Sdn Bhd have partnered to install up to 20 megawatt peak (MWp) of solar capacity on the roofs of over 600 retail stations nationwide.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

Gamuda Unit Bags RM451.4 Mln Contract To Build Cyberjaya Data Centre

KUALA LUMPUR, Nov 1 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda Engineering Sdn Bhd, has secured a contract worth RM451.4 million from BCEI Malaysia Sdn Bhd to build a data centre in Cyberjaya.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Gamuda Jv Bags RM3.05 Bln Power Plant Project In Sabah

KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.

Budget 2025 Measures Show Strong Support For Semiconductor Sector - Tengku Zafrul

KUALA LUMPUR, Oct 22 (Bernama) -- Budget 2025 has set aside sizable funds, both fiscal and non-fiscal, towards ensuring the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030).