1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a Fitch Solutions company, has forecast global natural gas consumption to rise in the near term as the Northern Hemisphere winter approaches, supported by strong demand for liquefied natural gas (LNG) across all markets.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.
1y ago
From Anas Abu Hassan
LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- The Malaysian Institute of Economic Research (MIER) said the partnership to host the Budget Insights Forum: Moving Towards 2025 with the Malaysian Investment Development Authority (MIDA) underscores the country’s efforts to achieve an inclusive and sustainable growth.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia plays a crucial role in connecting the ASEAN region to global markets as a strategic hub in Southeast Asia, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd is committed to investing in digital innovation and technology to ensure a sustainable business, said group chief executive officer Nor Azman Zainal.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
1y ago
By M. Saraswathi
KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- AFA Infrastructure and Development Sdn Bhd (AFA) is targeting annual revenue growth of two to three per cent, driven by strategic infrastructure projects and a consolidated operational structure aimed at enhancing Malaysia’s transportation network.