1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The government is taking proactive steps to ensure that the construction industry remains competitive and sustainable amid expectations of rising tender prices, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia assumes the ASEAN chairmanship next year, it should focus on implementing more people-centric measures and enhancing intra-ASEAN trade, said experts.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Digital Nasional Bhd has appointed Datuk Azman Ismail as its new chief executive officer (CEO), effective Oct 23, 2024.
1y ago
KUCHING, Oct 22 (Bernama) -- Sarawak Digital Economy Corporation Bhd (SDEC), has signed a memorandum of understanding (MoU) with two other parties to collaborate on human capital development and artificial intelligence (AI)-driven technological solutions, focusing on space-related industries.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Global Tower Corporation Pty Ltd (GTC) worth US$19.97 million (US$ = RM4.32).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia is at a critical point in its green energy transition, energy storage is key to the transformation as it allows for effective management of renewable energy (RE) and supports the development of a sustainable, low-carbon future, said Citaglobal Bhd.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- EBC Financial Group (EBC), in partnership with DiNapoli Experts, has hosted ‘Harnessing the Power of DiNapoli Indicators to Conquer Black Swan Events’, an exclusive gathering that brought together financial experts, traders, investors, and economic strategists to explore key strategies for navigating volatile markets.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Black & Veatch, a global leader in critical infrastructure solutions, has been chosen as the owner’s engineer for PETROS Power Sdn Bhd’s (PETROS Power) Miri Combined Cycle Gas Turbine (Miri CCGT) Power Plant in Sarawak, Malaysia.