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HLB Forecasts Malaysia's Economic Growth At 4.5 To 5.0 Pct For 2025

KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.

UEM Lestra Secures Offtakers For 1GW Hybrid Solar Power Plant Under CRESS

KUALA LUMPUR, Jan 17 (Bernama) -- UEM Lestra Bhd, a wholly-owned subsidiary and green industries arm of UEM Group Bhd, has secured offtakers for its National Energy Transition Roadmap (NETR) one-gigawatt (1GW) hybrid solar power plant project under the government’s Corporate Renewable Energy Supply Scheme or CRESS. 

Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

Malaysia’s Economic Renaissance Offers Immense Potential For Investors -- PM Anwar

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economic outlook for 2024 and beyond is increasingly positive as the country emerges as a beacon of growth and resilience in Southeast Asia, bolstered by its ASEAN Chairmanship in 2025.

Sarawak Oil Palms Eyes RM1.5 Mln Revenue With AvantHealth Product's Debut In China

KUALA LUMPUR, Jan 16 (Bernama) -- Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.

BDx Data Centers Partners APJII To Boost Indonesia's Digital Infrastructure, AI Capabilities

KUALA LUMPUR, Jan 15 (Bernama) -- BDx Data Centers (BDx), Indonesia’s largest data centre operator and Asia-Pacific’s fastest-growing carrier-neutral data centre platform, has announced a landmark cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.

Bank Islam, Solar Voltech Ink RM105.2 Mln Solar Financing Agreement

GEORGE TOWN, Jan 14 (Bernama) — Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project.

99 Speed Mart's Share Price Lower Despite Positive Outlook, Growth Strategies

KUALA LUMPUR, Jan 13 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Speed Mart) share price on Bursa Malaysia had slipped during the afternoon trading, despite analysts projecting a positive outlook based on the company’s growth strategies.

MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

JS-SEZ Can Drive Johor To Become Southern Growth Engine For Economy -- Analysts

KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).

KK Group Expands Rapidly In Southeast Asia 

KUALA LUMPUR, Jan 6 (Bernama) -- KK Group, a China-based trend retailer has accelerated its expansion across Southeast Asia, entering four countries last year with its lifestyle brand, KKV and makeup brand, The Colorist.