Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

MBSB Group Opens Commercial Banking Centre At MATRADE To Support SMEs And Mid-sized Companies

KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets. 

MIHAS Expands Global Footprint With Shanghai Edition Following Dubai Success

KUALA LUMPUR, Feb 27 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will host the second international edition of the Malaysia International Halal Showcase (MIHAS) in Shanghai, China. 

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

ASEAN Must Expand Economic Zones At Member State Borders - Economist

By Ahmad Erwan Othman and Norsyafawati Ab Wahab

KOTA TINGGI, Feb 26 (Bernama) -- Malaysia, as the chair of ASEAN 2025, needs to promote the establishment of cross-border economic zones among members to enhance economic potential among their neighbouring countries, similar to the Johor-Singapore Special Economic Zone (JS-SEZ) model.

MTCDP Supports Growth Of 348 Mid-tier Companies To Date -- MATRADE

KUALA LUMPUR, Feb 25 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has successfully empowered and guided 348 mid-tier companies (MTCs) across various sectors through its flagship Mid-Tier Companies Development Programme (MTCDP) to date.

MAVCOM-CAAM Merger Progressing Well, Timeline Yet To Be Set – Hasbi

KUALA LUMPUR, Feb 25 (Bernama) -- The merger of the Malaysian Aviation Commission (MAVCOM) and the Civil Aviation Authority of Malaysia (CAAM) is progressing well, though no specific timeline has been set, Deputy Transport Minister Datuk Hasbi Habibollah said.  

M&G Sells Vessel To Thai Company For RM31.54 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- Marine & General Bhd’s (M&G) an indirect wholly owned subsidiary, M&G Tankers Sdn Bhd, has completed the disposal of its vessel JM Sutera 6 for US$7.10 million (RM31.54 million) to Thailand-based company Lion Great Energy Co Ltd.

Cargill, Hafnia Launch Joint Venture To Revolutionise Marine Fuel Procurement

KUALA LUMPUR, Feb 20 (Bernama) -- Cargill’s Ocean Transportation business and tanker shipping firm, Hafnia have teamed up to launch Seascale Energy, a joint venture that merges Cargill's Pure Marine Fuels bunker business and Hafnia's Bunker Alliance.

Greatech Technology's Net Profit Improves To RM154.99 Mln In FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Greatech Technology Bhd's net profit rose marginally to RM154.99 million in the financial year ended Dec 31, 2024 (FY2024) from RM154.36 million in FY2023.