There are 58 news based on search keyword " economic benefit"

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.

UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

JS-SEZ: Presence Of Semiconductor 'Queen Bee’ Expected To Create New Ecosystem

By Mohamad Syazwan Mustafa

JOHOR BAHRU, March 10 (Bernama) -- The Johor–Singapore Special Economic Zone (JS-SEZ) is expected to become a catalyst for developing a new ecosystem in the advanced semiconductor manufacturing sector in Johor through the entry of an industry-leading company, or a “queen bee,” into the state in the near future.

Seek Opportunities Throughout Malaysia , US Ambassador Kagan Urges American Investors

KUALA LUMPUR, Feb 5 (Bernama) -- American investors should explore and expand their investments throughout Malaysia, including Sabah and Sarawak and not confine themselves to the established hubs such as Kuala Lumpur and Penang.

JS-SEZ Offers Scalable Regional Model For Seamless Cross-border Logistics -- Economists

JOHOR BAHRU, Feb 3 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) offers a scalable development model throughout the region, predicated on its seamless cross-border logistics and efficient flow of goods, according to Khazanah Research Institute chairman Nungsari Ahmad Radhi. 

FELCRA Sets 15 Pct Dividend For FY 2025, Payout Early Next Year

KUALA LUMPUR, Dec 17 (Bernama) -- The dividend based on the operations of the Federal Land Consolidation and Rehabilitation Authority (FELCRA) for the 2025 financial year has been set at 15 per cent and is expected to be paid early next year, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

CIMB Group 3Q Net Profit Rises To RM2.08 Bln, Declares Special Dividend Of Seven Sen

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.

Johor Set To Match Last Year’s GDP Of 6.4 Pct This Year - Hasni

KUALA LUMPUR, Nov 26 (Bernama) -- Johor expects to maintain its strong economic trajectory this year, with a gross domestic product (GDP) growth of 6.4 per cent -- matching last year’s performance -- while growth for 2026 is anticipated to range between 4.8 and 6.8 per cent.

Bagan Datuk's Coconut Industry Rebounds Strongly

Coconut and Bagan Datuk are inseparable. A visit to this district is said to be incomplete without tasting its famously sweet young coconut water — a natural product many claim is unlike anywhere else in the country.

For hundreds of years, coconut has been the community’s primary commodity crop. Bagan Datuk once earned a place on the world map as one of the most important coconut-producing regions from the late 19th to the mid-20th century. Built on the rich alluvial soils at the mouth of the Perak River and blessed with a humid tropical climate, the region is naturally suited for growing Cocos nucifera, the coconut palm.

These natural conditions produce coconuts with thicker flesh and richer, creamier coconut milk. Today, coconut remains Perak’s second most important agricultural commodity after rice.

Bagan Datuk's Coconut Industry Rebounds Strongly

Coconut and Bagan Datuk are inseparable. A visit to this district is said to be incomplete without tasting its famously sweet young coconut water — a natural product many claim is unlike anywhere else in the country.

For hundreds of years, coconut has been the community’s primary commodity crop. Bagan Datuk once earned a place on the world map as one of the most important coconut-producing regions from the late 19th to the mid-20th century. Built on the rich alluvial soils at the mouth of the Perak River and blessed with a humid tropical climate, the region is naturally suited for growing Cocos nucifera, the coconut palm.

These natural conditions produce coconuts with thicker flesh and richer, creamier coconut milk. Today, coconut remains Perak’s second most important agricultural commodity after rice.

Penang Set To Boost Maritime Tourism With Luxury Cruise Ship Restaurant - PPC Chairman

GEORGE TOWN, Nov 21 (Bernama) -- Penang’s tourism industry is poised for a major boost with the launch of the “Penang Princess”, the state’s first high-end cruise ship restaurant designed to enhance its maritime attractions. 

Timor-Leste Eyes ASEAN Partners For Greater Sunrise Project

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Nov 12 (Bernama) -- Timor-Leste has invited ASEAN investors to participate in the development of the Greater Sunrise gas field project, which is expected to open new investment opportunities and strengthen local industry participation, said its Ambassador to Malaysia, Lisualdo Gaspar.