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BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.

Swedish SMEs Expand Into Southeast Asia In Business Sweden's ‘Triple-Country’ Mission

KUALA LUMPUR, March 11 (Bernama) -- Swedish small and medium-sized enterprises (SMEs) are setting their sights on Southeast Asia as a key growth market, with a delegation of 24 companies embarking on a study tour to Thailand, Vietnam and Malaysia from March 10 to 14, led by Business Sweden.

4.89 Mln Ha Of Oil Palm Land MSPO Certified As At December 2024 - Chan

KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.

NAMLIFA Cautions Discrepancies In Private Hospital Charges Can Make Medical Insurance Unsustainable

KUALA LUMPUR, March 9 (Bernama) -- The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) has urged the government to address the significant price disparity between insured and cash-paying patients at private hospitals, warning that such discrepancies could make medical insurance unsustainable.

Quantexa Unveils Groundbreaking Innovations At QuanCon25

KUALA LUMPUR, March 7 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event.

Insurance Associations Forward Proposals For Healthcare, Insurance Sustainability

KUALA LUMPUR, March 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA), and the Persatuan Insurans Am Malaysia (PIAM) have jointly proposed key recommendations to the Public Accounts Committee (PAC) to enhance affordability, transparency and sustainability in Malaysia’s healthcare and insurance sectors.

MHB's Unit To Co-develop Hydrogen Production Systems With US Firm Fuelcell Energy

KUALA LUMPUR, March 6 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd's (MHB) wholly-owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has signed a joint development agreement (JDA) with FuelCell Energy Inc., a United States firm.

CCUS Bill, Regulations Related To Co2 In Offshore Areas Need To Be Enforced By March 31 - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.

HALMAS-status Halal Parks Record RM16.75 Bln Investments In 2012-2024 Period -- MITI

KUALA LUMPUR, March 3 (Bernama) -- Halal Malaysia (HALMAS)-certified halal industrial parks recorded cumulative investments of RM16.75 billion for the 2012-2024 period, according to the Ministry of Investment, Trade, and Industry (MITI).

No Plans To Raise IPG Activation Price Above RM3 Per Kg -- KPK

KUALA LUMPUR, Feb 27 (Bernama) -- The Ministry of Plantation and Commodities (KPK) currently has no plans to raise the Activation Price Level (PHP) for the Rubber Production Incentive (IPG) beyond RM3 per kilogramme (Kg).

LyondellBasell, Sipchem Secure Feedstock Allocation For Joint Saudi Project 

KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.