MBW Innexus Industrial City To Create 37,000 Jobs, RM2 Bln GDV – Tengku Zafrul

JOHOR BAHRU, Aug 20 (Bernama) – The RM2 billion gross development value (GDV) MBW Innexus Industrial City project is expected to create approximately 37,000 jobs across various skill levels, according to the Ministry of Investment, Trade and Industry (MITI).

AmBank Targets Loan Growth In Line With Industry, Aims FY2026 Net Profit To Exceed RM2 Bln

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

Thrive Taps New APAC Leaders To Bolster Regional Growth

KUALA LUMPUR, Aug 15 (Bernama) -- Thrive, a global technology outsourcing provider for cybersecurity, cloud, and information technology (IT) managed services, has named Farhad Jowharsha as Vice President, Asia Pacific (APAC), and Naveen Chodavarapu as Vice President, APAC Operations.

Construction Sector Set For More Job Flows In 2H 2025 - MBSB Investment

KUALA LUMPUR, Aug 15 (Bernama) -- The construction sector is expected to see increased job flows in the second half of this year (2H 2025), driven by the gradual rollout of major public-sector infrastructure projects, said MBSB Investment Bank Bhd.

Hatch: Steelmakers, Energy Giants Launch CCUS Hub Study In Asia

KUALA LUMPUR, Aug 12 (Bernama) -- A consortium of major steel producers and global industrial players, including ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company, BHP, Chevron, and Mitsui & Co Ltd, has launched a pre-feasibility study to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia.

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Johor Unveils First Large-Scale Water Reclamation Plant For Data Centres

JOHOR BAHRU, Aug 11 (Bernama) -- Johor made history with its first large-scale water reclamation plant dedicated for data centre operations located in Ulu Tiram here.

APEC: Women’s Safety Key To Driving Inclusive Growth

KUALA LUMPUR, Aug 9 (Bernama) -- For Asia Pacific Economic Cooperation (APEC) economies to realise inclusive growth, women’s safety must be treated as an economic priority, which includes dismantling the structures that enable violence to persist, APEC said. 

PTT Synergy To Invest RM2.3 Bln In Smart Warehouses Over Next Two Years

SUNGAI BULOH, Aug 6 (Bernama) -- PTT Synergy Group Bhd has allocated RM2.3 billion in capital expenditure (capex) over the next two years for its automated warehouse business, which will cover the development of four new automated warehouses.

CIMB Securities: Water Tariff Revision Opens Path For Investment, Private Funding Still Needed

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia’s water sector still requires alternative funding schemes involving the private sector to reduce the federal government’s financial burden despite the ongoing review of water tariffs in selected states.  

KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian

KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89).