20d ago
From Nur Aiman Najwa Dzamae
JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.
20d ago
KUALA LUMPUR, Jan 8 (Bernama) -- Total demand, measured in revenue passenger kilometres (RPK), was up by 5.7 per cent in November 2025 versus the same period a year ago, while total capacity, measured in available seat kilometres (ASK), increased 5.4 per cent year-on-year (y-o-y), said the International Air Transport Association (IATA).
21d ago
KUALA LUMPUR, Jan 8 (Bernama) -- RHB Investment Bank Bhd expects cement demand to remain steady, supported by infrastructure projects under the 13th Malaysia Plan (13MP), which has targeted RM430 billion in gross development expenditure for the 2026–2030 period, compared with RM415 billion under the 12th Malaysia Plan.
21d ago
KUALA LUMPUR, Jan 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday on market rumours that Indonesia may raise CPO export duty to fund the B50 biodiesel mandate, said a trader.
22d ago
KUALA LUMPUR, Jan 7 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, with Standard Malaysian Rubber (SMR) 20 prices continuing their uptrend supported by gains in regional rubber futures markets, a dealer said.
23d ago
KUALA LUMPUR, Jan 6 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by a regional uptrend in rubber futures markets, a dealer said.
24d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.
24d ago
KUALA LUMPUR, Jan 5 (Bernama) -- CT Group recently unveiled two landmark projects, the Unmanned Aerial Vehicles (UAV) ASEAN Super Headquarter Union and ASEAN’s largest Low Altitude Economy (LAE) Center, at a launch event held at Hanoi’s Ho Guom Opera House.
24d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Petrochemical prices in 2026 could enter a short-term bull cycle despite a weak near-term macroeconomic backdrop, according to Kenanga Investment Bank Bhd (Kenanga IB).
25d ago
JITRA, Jan 4 (Bernama) -- Ganoderma lucidum (lingzhi)-based health food company Gano Excel Industries Sdn Bhd has grown its operations to comprise more than 100 dedicated greenhouses to ensure consistent large-scale production for the global market.
26d ago
JOHOR BAHRU, Jan 3 (Bernama) -- The Johor state government is in the final stages of discussions with global battery technology company, Gotion High-Tech Co, on the establishment of an advanced lithium battery manufacturing facility in the state.
27d ago
KUALA LUMPUR, Jan 2 (Bernama) -- The Rubber Production Incentive (IPG) for cuplump and latex has been activated in Peninsular Malaysia, Sabah and Sarawak for December 2025, according to the Malaysian Rubber Board (MRB).