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Urban Renewal Act Offers Significant Benefits, Overhang Remains A Concern -- Propertyguru Malaysia

By Durratul Ain Ahmad Fuad and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, May 14 (Bernama) -- The Urban Renewal Act, expected to be tabled in Parliament this July, could bring significant benefits such as preserving heritage, revitalising communities and generating economic impact, said PropertyGuru Malaysia country manager Kenneth Soh. 

Malaysia, Russia To Explore Ways To Beef Up Trade, Investment And Enable Seamless Transactions

From Sharifah Hunaini Syed Ismail

MOSCOW, May 13 (Bernama) -- Malaysia and Russia will explore ways to beef up trade and investment linkages while enabling seamless transactions between them to strengthen economic ties and cooperation during Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia, Malaysia’s Ambassador to Russia, Datuk Cheong Loon Lai, said Monday.

Keyfield International Unit Secures AWB Contract From Petronas Carigali

KUALA LUMPUR, May 13 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has secured a work order award (WOA) from Petronas Carigali Sdn Bhd (PCSB) for the provision of an accommodation work boat (AWB).

ICW Borneo 2025 Paves The Way For ASEAN’s Construction Future

KUCHING, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2025 was officially launched today at the Borneo Convention Centre Kuching, marking a key milestone for East Malaysia and the ASEAN region as Malaysia assumes the ASEAN chairmanship.

Malaysia Imposes Anti-Dumping Duties On Flat-Rolled Products From Four Countries

KUALA LUMPUR, May 13 (Bernama) -- Malaysia has decided to impose definitive anti-dumping duties on the importation of certain flat-rolled products of iron or non-alloy steel from China, India, Japan and South Korea following an investigation to determine the existence, degree and effect of alleged dumping of such products from these countries.

Govt Will Consider Current Economic Conditions For Any Targeted RON95 Subsidy Implementation

KUALA LUMPUR, May 13 (Bernama) -- The government will take into account the current economic situation when deciding on the implementation of the RON95 targeted subsidy, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Putrajaya, Sarawak Agree To Resolve Issues Regarding Petronas, Petros Through Dialogue - PMO

KUALA LUMPUR, May 9 (Bernama) -- Putrajaya and the Sarawak state government have reached an agreement to settle all issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) through dialogue.

Intra-Asia Trade Boosts Westports Net Profit By Nine Pct To RM222 Mln In First Quarter

KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

Melaka Govt Partners With World Economic Council To Boost Investment In German Technology Park

MELAKA, May 8 (Bernama) -- The Melaka state government has entered into a collaboration with the World Economic Council (WEC) to attract more investors to the German Technology Park (GTP).

Malaysia’s IPI Rises 3.2 Pct In March 2025

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s Industrial Production Index (IPI) rose 3.2 per cent year-on-year (y-o-y) in March 2025, according to the Department of Statistics Malaysia (DOSM).

Malaysia, Cambodia Chambers Sign Pact To Boost Trade Ties

PHNOM PENH, May 7 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) and Cambodia Chamber of Commerce (CCC) have launched a joint initiative to enhance economic cooperation and increase bilateral trade.