1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia plans to introduce a robust regulatory framework in parliament by November with the aim of establishing Malaysia as a global carbon capture, utilisation and storage (CCUS) hub, said Minister of Economy Mohd Rafizi Ramli.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Budget 2025, to be tabled in the Dewan Rakyat on Oct 18, is expected to strike a balanced approach, combining fiscal sustainability with initiatives to drive economic development, said RHB Investment Bank (IB) Bhd.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Pesona Metro Holdings Bhd’s wholly-owned subsidiary, Pesona Metro Sdn Bhd has been awarded a superstructure works contract in Kuala Lumpur worth RM321.09 million from Sime Darby Property (Golfhome) Sdn Bhd.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has launched its EXIM Green Global Initiative, committing to mobilise up to RM1.5 billion in sustainable financing by 2027.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Scientex Bhd’s net profit for the financial year ended July 31, 2024 (FY2024) surged by 24.4 per cent to RM545.21 million from RM438.14 million a year ago.
1y ago
JOHOR BAHRU, Sept 24 (Bernama) -- Kluang will become Johor’s logistics hub following the development of several infrastructure projects such as the Gemas-Johor Bahru Electrified Double Track project (Gemas-JB EDTP), the PLUS highway expansion and federal road upgrading works which will improve the district's connectivity.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
From Vijian Paramasivam
PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.