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Mavenir Cuts Over US$1.3 Bln In Debt Through Strategic Recapitalisation

KUALA LUMPUR, June 17 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor Siris have signed a comprehensive recapitalisation agreement with Mavenir’s lenders to significantly enhance the company’s financial foundation.

Seveno Capital–Borderless Healthcare Group JV To Tap US$1.8 Trillion Wellness Market

KUALA LUMPUR, June 17 (Bernama) -- Seveno Capital and Borderless Healthcare Group have launched The Well Estate, the world’s first medical wellness real estate company to target the growing US$1.8 trillion global wellness market. (US$1=RM4.23)

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

Qhazanah Sabah Teams Up With Bina Indah To Develop The Hill @ Damai Project

KOTA KINABALU, June 16 (Bernama) -- Qhazanah Sabah Bhd (QSB) today signed a joint development agreement (JDA) with Bina Indah Development Sdn Bhd for the development of The Hill @ Damai here.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

Influential Leaders To Convene At Energy Asia 2025 To Advance Energy Transition

KUALA LUMPUR, June 15 (Bernama) – The “Energy Asia 2025” conference, themed “Delivering Asia’s Energy Transition”, from June 16 to 18, will be an opportune moment for Malaysia and the region to take stock of progress made towards energy transition objectives and reinforce national commitments to achieving net-zero goals.

IIBD To Transform Johor Bahru Into World-class Business Hub

JOHOR BAHRU, June 13 (Bernama) -- The implementation of the Ibrahim International Business District (IIBD) is set to transform Johor Bahru city centre into a world-class business hub, said Johor state housing and local government committee chairman Datuk Mohd Jafni Md Shukor.

Singda Superalloy RM900 Mln Investment Boosts Johor's Metal Industry

JOHOR BAHRU, June 13 (Bernama) -- Johor continues to attract foreign investors as Jiangsu Longda Superalloy from China, through its subsidiary Singda Superalloy (Malaysia) Sdn Bhd, has finalised a RM900 million large-scale investment commitment in the state.

Megah Port To Boost Labuan’s Economic Growth Via Strategic Maritime Initiatives

By Jailani Hasan

LABUAN, June 12 (Bernama) -- Megah Port Management Sdn Bhd is committed to supporting Labuan’s economic growth via strategic collaboration to strengthen logistics systems, expand international transhipment activities, and open investment opportunities in the maritime supply chain.

Malaysia’s Approved Investments In First Quarter Underscores Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 12 (Bernama) -Malaysia’s approved investments in the first quarter of 2025 (1Q 2025) underscored the country’s economic resilience and continued attractiveness as an investment destination, despite ongoing global uncertainties, economists said.

Onn Hafiz: 33,000 Jobs Created As Johor Attracts High-Tech Investments, Enhances Expertise Transfer

JOHOR BAHRU, June 12 (Bernama) -- Johor has created 33,000 new job opportunities, enhanced technologies and expertise transfer through its ability to attract high-quality, advanced technology investments, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

TNS Expands APAC Footprint With New Kuala Lumpur Office

KUALA LUMPUR, June 12 (Bernama) -- Transaction Network Services (TNS), a global provider of full-stack, modern and secure payment and network solutions, has opened a new office in Kuala Lumpur, Malaysia, underscoring its commitment to the Asia-Pacific (APAC) region and continued global expansion.