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Malaysia's November 2024 Inflation Falls To 1.8 Pct -- DOSM

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).

MRL, CCCECRL Jointly Operate And Maintain ECRL Project

PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.

OSV Sector Remains Bullish Due To Ongoing Supply Tightness -- Kenanga

KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.

Asia Digital Engineering Eyes U.S. Market With FAA Approval In Sight - CEO Mahesh

SEPANG, Dec 4 (Bernama) – Capital A's maintenance, repair and overhaul (MRO) arm, Asia Digital Engineering (ADE), aims to expand its international footprint with plans to service American airlines in the near future, pending Federal Aviation Administration (FAA) approval.

PTSC Asia Pacific Executes Contract For FSO Vessel In Vietnam Worth Up To US$416 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- PTSC Asia Pacific has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil Co Ltd. 

Asia Digital Engineering Well-placed To Seek Listing Due To Strong Earnings, Strategic Growth

SEPANG, Dec 2 (Bernama) -- Maintenance, repair and overhaul (MRO) service provider Asia Digital Engineering Sdn Bhd (ADE) is set to chalk up significantly higher revenue next year, which will position it well financially to seek listing sooner rather than later.

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.

AFA Eyes Annual Growth Of 2-3 Pct Driven By Strategic Infrastructure Projects

KUALA LUMPUR, Nov 28 (Bernama) -- AFA Infrastructure and Development Sdn Bhd (AFA) is targeting annual revenue growth of two to three per cent, driven by strategic infrastructure projects and a consolidated operational structure aimed at enhancing Malaysia’s transportation network.

Negeri Sembilan Tables Budget 2025 Totalling RM590 Million -- MB Aminuddin

SEREMBAN, Nov 22 (Bernama) -- The Negeri Sembilan government today tabled a balanced budget for 2025 with a projected revenue totalling RM590.0 million and an equivalent estimated operating expenditure,  including a development budget allocation of RM135 million.

Planworth Strengthens Brand, Competitiveness Through 2TM Platform

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 22 (Bernama) -- Planworth Global Factoring Sdn Bhd, a provider of invoice and supply chain financing, is set to strengthen its brand and competitiveness by joining the MADANI Two-Year Programme (2TM) starting today.

Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).

Three Construction Players Win Best Project Awards At MCIEA 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.