LATEST NEWS   Ringgit traded at 3.9540 against the US dollar at lunch break | To-date, Malaysia has yet to receive notice or official communication from the United States regarding the timeline to ratify the ART -- Johari. | MITI and its agencies are currently conducting cost-benefit analysis for ART - Johari | Implementation of 120MW power plant project at Rancha-Rancha Industrial Zone will ensure adequate electricity supply in Labuan - DPM Fadillah | Positive economic data have bolstered the ringgit’s strength and standing - PM Anwar | 

There are 3035 news based on search keyword " direct"

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Malaysia Needs More Than Policies For Green Port Transformation -- Port Klang Authority

KUALA LUMPUR, Nov 29 (Bernama) -- The greening of Malaysia’s port sector needs more than policies for green port and sustainable practice transformation, said Port Klang Authority (PKA) general manager Captain Subramaniam Karuppiah.

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

PKNS Unveils SA Sentral Development Plan

SHAH ALAM, Nov 28 (Bernama) -- The SA Sentral and Section 13 development plan, set to be implemented over the next seven years starting next year, will cover 58.6 hectares (145 acres) and aims to transform the area into a modern, dynamic, and competitive integrated hub in the country.

Ringgit Ends Flat In Quiet Trading Ahead Of US Thanksgiving Holiday

By Anas Abu Hassan

KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit ended flat against the US dollar on Thursday in a quiet trading session due to significantly reduced demand from key investors ahead of the US Thanksgiving holiday, an analyst said.

BMW Launches Phase 2 Of Regional Parts And Distribution Center In Senai

KUALA LUMPUR, Nov 28 (Bernama) -- BMW Group Malaysia has launched Phase 2 of its regional parts and distribution centre, significantly expanding the cutting-edge facility located at the Free Industrial Zone in Senai International Airport.

Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

Volvo Malaysia Launches New Heavy-duty Trucks For Efficiency, Safety

SHAH ALAM, Nov 28 (Bernama) -- Volvo Malaysia Sdn Bhd (Volvo Trucks) has unveiled its updated heavy-duty truck range, designed to boost fuel efficiency and cut carbon emissions.  

Franchise Sector Records Potential Investment Growth Exceeding RM911 Mln

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia's franchise industry has recorded encouraging growth with an investment potential of more than RM911 million as of November 2024 compared with RM700 million a year ago, according to the Entrepreneur and Cooperatives Development Ministry (KUSKOP).

Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility

KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.