LATEST NEWS   Penang will receive 240 Rapid Penang electric buses, with 75 expected to arrive in March - Loke | 21 Armed Forces officers are being investigated for suspected involvement in immoral activities - Defence Minister | MAF personnel involved in immoral activities that mar the Armed Forces’ image will be dismissed from service - Mohamed Khaled | A study on the need to reintroduce UPSR and PT3 will begin this year - Education Minister | Defence Ministry and MAF have long banned immoral activities at all camps nationwide - Mohamed Khaled | 

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RM140 Mln Jetty Expansion Strengthens Johor Port’s Regional Role

PASIR GUDANG, July 29 (Bernama) -- Johor Port Bhd has completed the RM140 million expansion of its liquid jetty facilities to boost capacity and strengthen its position as a premier liquid bulk hub in Southeast Asia.

Set Up New Ministry Or Central Body To Implement 13th Malaysia Plan Effectively – Academician

By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 29 (Bernama) -- An Academician has called for the setting up of a new ministry or central agency to specifically monitor and coordinate the effective implementation of the 13th Malaysia Plan (13MP) and to develop measurable milestones to ensure the plan’s long-term sustainability.

Govt's RM100 Cash Aid To Spur Spending, Benefit Small Traders - Consultant

KUALA LUMPUR, July 29 (Bernama) -- The government’s RM100 one-off cash assistance is expected to generate a significant ripple effect for local economies, particularly benefiting small traders, wet market operators and neighbourhood retailers across the country.

Oxford Innotech Makes Strong Debut On ACE Market At 36 Sen

KUALA LUMPUR, July 29 (Bernama) -- Oxford Innotech Bhd made a strong debut on Bursa Malaysia’s ACE Market today, opening at 36 sen, a seven sen or 24 per cent premium over its initial public offering (IPO) price of 29 sen.

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

Malaysia Must Nurture Tech Giants To Become ASEAN MNCs - Liew Chin Tong

KUALA LUMPUR, July 29 (Bernama) -- Malaysia must strive to nurture more technology (tech)-driven companies that can grow into ASEAN-based multinational corporations (MNCs) and eventually establish a global footprint, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Yinson JV Secures US$600 Mln FSO Contract For Vietnam Offshore Project

KUALA LUMPUR, July 28 (Bernama) -- Yinson Holdings Bhd, through its joint venture PTSC South East Asia Pte Ltd (PTSC SEA), has secured a contract with Vietnam’s Phu Quoc Petroleum Operating Company (PQPOC) to provide and charter a floating storage and offloading (FSO) vessel for the offshore Block B Field in southwest Vietnam.

Two Bumiputera Companies Targeted For Bursa Malaysia Listing By Year-end – Ahmad Zahid

KUALA LUMPUR, July 28 (Bernama) -- The government aims to have at least two Bumiputera companies listed on Bursa Malaysia by the end of this year.

Pet Food Supply In Malaysia Stable Despite Thai-Cambodia Tensions

KUALA LUMPUR, July 28 (Bernama) -- The ongoing tension between Thailand and Cambodia is unlikely to disrupt the supply of tuna-based pet food in Malaysia for now, although some industry players have raised concerns over rising costs and potential logistical challenges if the situation escalates.

Chitose Group Plans To Operate 10 Million Hectares Of Microalgae Production Facilities

KUALA LUMPUR, July 27 (Bernama) -- Chitose Group which operates the world’s largest microalgae production facility using flat-panel type photobioreactors in Kuching, Sarawak, is aiming to develop 10 million hectares of large-scale microalgae cultivation farms in Malaysia, Indonesia, India, Middle East and other potential areas, by 2050 covering a market size of US$4.2 trillion (US$1=RM4.22).

Sustainability Is An Investment In Tioman

TIOMAN, July 26 (Bernama) -- In Tioman, sustainability is not seen as a cost. It is viewed as an investment.

Gold Futures Forecast To Trade Range-bound Next Week

KUALA LUMPUR, July 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade in a narrow range next week, tracking United States (US) COMEX gold amid the potential finalisation of US trade agreements with the European Union (EU) and Asia-Pacific countries, said an analyst.