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Johor Leads Data Centre Investment, 42 Projects Worth RM164.45 Bln Approved As Of 2Q

JOHOR BAHRU, Aug 13 (Bernama) -- Johor has emerged as the nation’s leading data centre investment hub with 42 projects worth RM164.45 billion approved as of the second quarter (2Q) this year.

Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan

GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.

WORQ Expands TOD Co-working Spaces Amid Hybrid Work Boom

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 8 (Bernama) -- The growing shift towards hybrid and flexible working arrangements are driving demand for accessible, well-equipped co-working spaces in Malaysia’s urban centres. 

EON Bhd Targets To Sell More Than 12,000 Vehicles In 2025

SHAH ALAM, Aug 8 (Bernama) – Edaran Otomobil Nasional (EON) Bhd has targeted to sell more than 12,000 vehicles this year.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

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.

KUSKOP Targets Medium-sized Firms To Comprise 5 Pct Of Total MSMEs By 2030

KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is targeting to increase the number of medium-sized firms to five per cent of the country’s total micro, small and medium enterprises (MSMEs) by 2030 from 1.6 per cent currently. 

Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day

KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.

Persevere Together To Take Malaysia Forward – Anwar

By Mikhail Raj Abdullah

KUALA LUMPUR, July 31 (Bernama) – The 13th Malaysia Plan (13MP) unveiled by Prime Minister Datuk Seri Anwar Ibrahim today contains actionable insights with practical people-centric strategies that aim to create value across a wide spectrum of sectors and transform the economy to be competitive internationally in the next five years and beyond.

13MP Strategic Plans To Boost HGVH Industries, Strategic Sector Growth

KUALA LUMPUR, July 31 (Bernama) -- The government will vigorously implement key strategic plans within the 13th Malaysia Plan (13MP) framework to boost growth in high-growth, high-value (HGHV) industries and key strategic sectors.

Structural Reforms Critical For Long-term Economic Resilience - BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).