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Economy

JS-SEZ Master Plan Launch Strategically Coordinated To Strengthen Investors' Confidence

KUALA LUMPUR, July 4 (Bernama) -- The launch of the Johor-Singapore Special Economic Zone (JS-SEZ) Master Plan needs to be strategically coordinated to ensure policy alignment and a smooth implementation, while reinforcing investor confidence.

PM Anwar Officiates SParK 2026, PUNB Targets RM2.25 Bln In Financing Approval For 2026-2030

PUTRAJAYA, July 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today officiated the launch of SParK 2026: Business Transformation, the flagship platform of Perbadanan Usahawan Nasional Bhd (PUNB).

MACC Concludes Investigation Into Rohas Unit, No Further Action To Be Taken

KUALA LUMPUR, July 3 (Bernama) -- Rohas Tecnic Bhd’s 86.8 per cent-owned unit, HG Power Transmission Sdn Bhd (HPGT), has received confirmation from the Malaysian Anti-Corruption Commission (MACC) that its investigation involving the company has been concluded, with no further action to be taken against the company or its officers.

Hextar Industries' Unit Secures RM138.4 Mln EPC Contract In Pulau Indah

KUALA LUMPUR, July 3 (Bernama) -- Hextar Industries Bhd's (HIB) 70 per cent-owned subsidiary, Hextar Mitai Sdn Bhd (HMSB), has secured a RM138.42 million engineering, procurement and construction (EPC) contract for a large-scale industrial development in Pulau Indah, Selangor.

SC Seeks Public Input On Proposals To Strengthen Corporate Governance Ecosystem

KUALA LUMPUR, July 3 (Bernama) -- The Securities Commission Malaysia (SC) has published a consultation paper seeking public feedback on proposals to further strengthen Malaysia’s corporate governance ecosystem.

ROYC To Establish Luxembourg Feeder Fund For Slättö

KUALA LUMPUR, July 3 (Bernama) -- ROYC, a global structuring and platform provider, has been selected by Slättö, a Nordic private markets real estate firm, to establish and manage a Luxembourg-domiciled feeder fund to efficiently aggregate individual subscriptions from professional investors.

Guest Supply, HAAN Sign Licensing Deal For APAC Hotels

KUALA LUMPUR, July 3 (Bernama) -- Guest Supply Asia, part of Sysco Corporation, has announced a licensing agreement with HAAN, a personal care brand, to manufacture and distribute HAAN-branded personal care products for hotels across Asia Pacific (APAC).

Mesiniaga Wins RM39.99 Mln Contract To Build Phis 3.0 Server Infrastructure

KUALA LUMPUR, July 3 (Bernama) -- Mesiniaga Bhd has been awarded a contract worth RM39.99 million to set up a new centralised server infrastructure for the pharmacy information system (PhIS) version 3.0 from Pharmaniaga Logistics Sdn Bhd. 

Penang Economy Grows 7.3 Per Cent, Records RM130.3 Bln GDP In 2025

GEORGE TOWN, July 3 (Bernama) --  Penang's economy grew by 7.3 per cent in 2025, with its gross domestic product (GDP) rising to RM130.3 billion from RM121.4 billion in the previous year, driven by the strong performance of the manufacturing and services sectors.

Dutch Recognition Of MSPO Strengthens Palm Oil Industry's Readiness For EUDR

PUTRAJAYA, July 3 (Bernama) -- The Netherlands Food and Consumer Product Safety Authority’s (NVWA) recognition of the Malaysian Sustainable Palm Oil (MSPO) certification as a Private Control System under the European Union Deforestation Regulation (EUDR) framework reinforces the readiness of the nation's palm oil industry to meet the European Union market requirements.

CAB Launches CAB 2.0 To Support Insurance, Reinsurance Industry Digitalisation

KUALA LUMPUR, July 3 (Bernama) -- The Central Administration Bureau (CAB) has launched CAB 2.0, the enhanced cloud-based version of its Central Administration Bureau Facultative (CABFAC) system, to support the digital transformation of Malaysia's insurance and reinsurance industry.

Elsa Unit Secures Autonomous Underwater Vehicle Inspection Contract

KUALA LUMPUR, July 3 (Bernama) -- Elsa Bhd’s wholly-owned subsidiary Elsa Energy Sdn Bhd has accepted letters of award from a major exploration and production company to provide autonomous underwater vehicle (AUV) subsea structure inspection services for Peninsular Malaysia, Sabah and Sarawak.