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Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

New Incentive Framework To Ensure Inflows Of High-Quality Investments -- Liew

​KUALA LUMPUR, March 11 (Bernama) -- The implementation of the New Incentive Framework (NIF), which commences on March 1, will ensure the inflows of high-quality investments to support the transformation towards a high-income and innovation-based economy.

Govt Conducting Cost-benefit Analysis Of Agreement On Reciprocal Trade - MITI

KUALA LUMPUR, March 10 (Bernama) -- A comprehensive assessment, including a cost-benefit analysis of the Agreement on Reciprocal Trade (ART), is underway to ensure that any decision is based on national interests and complies with Malaysia’s commitments, obligations, and policy space. 

Capital Market Masterplan 2026-2030 Differs From Past Plans As Digitalisation, AI Reshape Markets

KUALA LUMPUR, March 9 (Bernama) -- The Capital Market Masterplan (CMP) 2026-2030 differs from past plans in its scope and reassessment due to the speed of change brought by digitalisation, artificial intelligence (AI) and investor expectations.

Black & Veatch Wins Taiwan Power Plant Design Contract

KUALA LUMPUR, March 9 (Bernama) -- Black & Veatch, a global leader in human critical infrastructure, has been selected by Formosa Heavy Industry Corporation (FHI) to deliver the full engineering design scope for a 2 x 1200 megawatt (MW) H class combined cycle power plant in Mailiao, Taiwan.

Dmitry Shubov Meets Investors At Dubai AI Startup Event

KUALA LUMPUR, March 6 (Bernama) -- Dmitry Shubov Consulting Founder, Dmitry Shubov attended the AI Tech & Startup Night in Dubai to meet founders and investors in the regions to review pitch decks.

Federal Grants To State Governments Expected To Hit RM10.5 Bln This Year – PM Anwar

PUTRAJAYA, March 5 (Bernama) -- The National Finance Council (NFC) has agreed to increase the grants provided by the federal government to state governments, with the total amount expected to reach RM10.5 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.

Licensing Certainty Commitments, Critical Mineral MoU Won't Affect Technical Conditions On Lynas - MITI

KUALA LUMPUR, March 4 (Bernama) -- Both of Malaysia's commitments regarding Licensing Certainty as contained in the Joint Statement on the Agreement on Reciprocal Trade (ART) (Article 5.2) and the memorandum of understanding (MoU) on Critical Minerals (Areas of Cooperation, Section 3) do not affect the government's decision to enforce technical conditions on Lynas Malaysia or other rare earth elements (REE) companies that are about to be approved to operate in Malaysia.

MOSTI Focuses On Integrated Circuit Design, High Value Technology To Improve Country's Economy

KUALA LUMPUR, March 4 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) through MIMOS Bhd is focusing on integrated circuit (IC) design, advanced packaging and high-value technology to increase the complexity of the country's economy.

GBI Launches Global Building Certification To Achieve Sustainability, Performance Outcomes

KUALA LUMPUR, March 4 (Bernama) -- The Green Building Initiative (GBI) announced the global launch of Ascent Building Certification, a science-based whole building programme designed to evaluate sustainability, health, and resilience practices for commercial real estate across regions and portfolios.

PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

Rivertree STF Synergies Inks HoA To Develop Labour Quarters Worth RM600 Mln

KUALA LUMPUR, March 3 (Bernama) -- Rivertree STF Synergies Bhd (RSSB) has inked a Heads of Agreement (HoA) with Catenary Capital Sdn Bhd and Q Centre Management Sdn Bhd (QCM) for the development of four Centralised Labour Quarter (CLQ) facilities in the Klang Valley.