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HLB Forecasts Malaysia's Economic Growth At 4.5 To 5.0 Pct For 2025

KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.

Malaysia, Singapore Collaboration Key To Johor Bahru's Economic Growth

PETALING JAYA, Jan 17 (Bernama) -- Johor Bahru’s future as a major economic hub will largely depend on the successful collaboration between Malaysia’s federal and state governments, as well as their partnership with Singapore.

Gamuda's RM6.6 Bln London Wall Project Breaks Ground, Secures RM2.75 Bln Development Loan

KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).

E&O Bhd To Develop RM700 Mln GDV Waterfront Residence On Andaman Island

GEORGE TOWN, Jan 16 (Bernama) -- Eastern & Oriental Bhd (E&O) has unveiled its latest waterfront residence Maris with a gross development value (GDV) close to RM700 million.

Innovation In Focus: AM Best To Present At 18th India Rendezvous

KUALA LUMPUR, Jan 16 (Bernama) -- AM Best Executive Vice President and Chief Strategy Officer, Andrea Keenan, is set to deliver a presentation titled “Innovation is in Insurance’s DNA” at the 18th India Rendezvous, scheduled for Jan 20 to 22 at the JW Marriott Mumbai Juhu in Mumbai, India.

Bursa Malaysia Approves Bintai Kinden Regularisation Plan

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.

MIDA-Infineon Local Vendor Development Programme To Benefit 139 Malaysian Companies

KUALA LUMPUR, Jan 15 (Bernama) -- A local vendor development programme jointly curated by the Malaysian Investment Development Authority (MIDA) and Infineon Technologies (Kulim) Sdn Bhd will benefit 139 local companies.

Murata Launches Maiden Milk Run Cross-Border Trucking Initiative

IPOH, Jan 15 (Bernama) -- Multinational electronics company, Murata Electronics (Malaysia) Sdn Bhd, has launched its first milk run cross-border trucking initiative at the Ipoh Cargo Terminal Sdn Bhd (ICT).

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd. 

ACE Market-Bound Colform Group Aims to Raise RM41.19 Mln From IPO

KUALA LUMPUR, Jan 15 (Bernama) -- Sabah-based steel product maker Colform Group Bhd aims to raise RM41.19 million through its initial public offering (IPO), en route to its listing on the ACE Market of Bursa Malaysia on Feb 10, 2025.

Ex-Tabung Haji CEO Nik Hasyudeen Yusoff Appointed As SC Board Member 

KUALA LUMPUR, Jan 15 (Bernama) -- Former Lembaga Tabung Haji group managing director and chief executive officer (CEO), Datuk Nik Mohd Hasyudeen Yusoff has been appointed as the Securities Commission Malaysia’s (SC) board member for two years, effective Jan 15, 2025.

MARii Appoints Aminar Rashid As New Bod Chairman

KUALA LUMPUR, Jan 15 (Bernama) --  The Malaysia Automotive, Robotics and IoT Institute (MARii) has appointed Datuk Dr Aminar Rashid as the chairman of its board of directors (BOD), effective immediately.