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MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

FBM KLCI Falls For Second Straight Day Amid Rising External Pressures

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data. 

noco-noco Files 2024 Annual Report After Audit Completion

KUALA LUMPUR, Jan 9 (Bernama) -- Technology solutions provider, noco-noco Inc has successfully filed its delayed 2024 Annual Report on Form 20-F, with the filing completed on Dec 26, 2024, and amended on Jan 8.

GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

EAIC Completes Probe Into DOE Officers Over Port Klang e-Waste Containers

PUTRAJAYA, Jan 6 (Bernama) -- The Enforcement Agency Integrity Commission (EAIC) has concluded its investigation into allegations of misconduct involving officers from the Department of Environment (DOE) who authorised the release of e-waste containers at Westport, Port Klang.

CPO Futures Extend Loss As Indonesia's B40 Biodiesel Delay Causes Market Uncertainty

KUALA LUMPUR, Jan 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

Airbus, Rolls-royce Step In To Resolve Malaysia Airlines' Grounded A330neo

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 23 (Bernama) -- Airbus has pledged full support to Malaysia Airlines as the carrier faces a 48-hour grounding of its new Airbus A330neo (new engine option), following its inaugural flight to Melbourne on Dec 19.

Palm Oil Market Faces Uncertainties Amid Weather Challenges, Supply Constraints

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

Council Of EU Adopts One-year Postponement For Deforestation Law

KUALA LUMPUR, Dec 20 (Bernama) -- The Council of the European Union (EU) has formally adopted the regulation on the postponement of application of the EU deforestation law by one year.

Tune Protect Introduces Delay Lounge Pass For Airasia Travel Insurance Customers

KUALA LUMPUR, Dec 19 (Bernama) -- Tune Protect Group Bhd has launched the Delay Lounge Pass, offering access to over 1,500 airport lounges worldwide when flights are delayed by two hours or more, a perk available across AirAsia’s extensive global network.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.