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Consortium's MAHB Voluntary Offer Is New Long-Term Investment For EPF- MOF

KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.

Govt To Finalise Main Parameters For HSR Project -- Transport Ministry

KUALA LUMPUR, Feb 18 (Bernama) -- The government is finalising the main parameters for the proposed implementation of the private-led Kuala Lumpur-Singapore High-Speed ​​Rail (KL-SG HSR) project. 

Petronas-Petros Agreement Provides Certainty, Brings Confidence To Malaysia's Oil And Gas Sector

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

Strong GDP Growth Proves Effectiveness Of MADANI Economic Policies - PM Anwar

KUALA LUMPUR,  Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax

KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Dialog Halts Malic Acid Project In Pahang, Writes Off RM90.7 Mln in 2Q FY2025

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).

Special Dividend Likely, Given MPI's Strong Net Cash Position - CIMB Securities

KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.