Govt Still Bearing Diesel Subsidy Expenses - Rafizi Ramli
KUALA LUMPUR, Sept 30 (Bernama) --The government is still bearing the cost of diesel subsidies for eligible sectors, according to Economy Minister Rafizi Ramli.
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Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
Public Gold Plans To Have 200 ATMs Dispensing Gold Products By End-2025
By Erma Idayu Mohd Yusof
GEORGE TOWN, Sept 29 (Bernama) -- Precious metal company Public Gold is planning to have 200 automated teller machines (ATMs) to dispense gold products by the end of 2025 to make it easier for people to buy physical gold.
Malaysia Will See Strongest LNG Production Growth In Short And Medium Term, Says BMI
KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.
UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV
ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.
Nippon Kinzoku Introduces Welded Drawn Pipe Series
KUALA LUMPUR, Sept 24 (Bernama) -- Tokyo-based Nippon Kinzoku Co Ltd, a stainless steel rolling and processing provider for the automotive, battery, semiconductor and other markets, has commercialised “FINE PIPE”, a welded drawn pipe that surpasses “seamless pipe”.
KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending
PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.
Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.
Sarawak To Announce Acquisition Of Affin Bank In A Week - Abang Johari
KUCHING, Sept 21 (Bernama) -- An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
HLIB : Malaysia In Strong Position Amid US Election Uncertainty
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
SFZ Forest City To Be Launched On Friday, Incentives To Be Introduced - State Exco
JOHOR BAHRU, Sept 16 (Bernama) – Forest City’s special financial zone (SFZ) will be launched this Friday with various incentives and packages to stimulate investment, growth and economic activities in Johor.