Kinergy Secures RM 47.5 Mln Data Centre Electrical Package Project
KUALA LUMPUR, Oct 12 (Bernama) -- Kinergy Advancement Bhd has secured a RM47.5 million subcontract job from Gamuda Engineering Sdn Bhd for a data centre (DC) electrical package.
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Budget 2027: KWAP To Mobilise Capital Across Private Markets, Strategic Sectors
KUALA LUMPUR, Oct 10 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) plans to mobilise capital across private markets, strategic sectors and the domestic capital market to support Malaysia’s economic priorities, subject to its investment processes, risk-return considerations and market conditions.
TERAJU Hails Budget 2027 Measures To Drive Bumiputera Firms’ Growth
KUALA LUMPUR, Oct 9 (Bernama) -- The Budget 2027 announcement to raise government procurement thresholds for Bumiputera contractors in Grades G1 to G4 is an important step towards expanding their participation in the national economic value chain.
PNB Welcomes 50-acre Land Endowment To Boost Bumiputera Wealth
KUALA LUMPUR, Oct 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has welcomed the government’s Budget 2027 announcement to endow Yayasan Pelaburan Bumiputra with 50 acres of prime commercial land in Kuala Lumpur, to be managed by PNB.
Budget 2027 Strengthens Fiscal Position, Supports Long-term Growth -- MARC
KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects the government's commitment to supporting economic growth while advancing fiscal consolidation, Malaysian Rating Corporation Bhd (MARC) said.
Malaysia’s Fiscal Deficit To Narrow To 3.3 Pct In 2027 -- MoF
KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.
Malaysia’s Trade Grows 22.4 Pct In 1H 2026, MoF Urges Supply Chain Diversification
KUALA LUMPUR, Oct 9 (Bernama) – Malaysia’s trade remained resilient in the first half of 2026 (1H 2026), with total trade rising 22.4 per cent to RM1.795 trillion, but the country needs to strengthen supply chains and diversify its export markets and import sources to cushion future external shocks, the Ministry of Finance (MoF) said.
ASEAN Power Grid Offers Malaysia Opportunity To Solidify Regional Energy Market Position -- MoF
KUALA LUMPUR, Oct 9 (Bernama) -- The ASEAN Power Grid (APG) offers Malaysia a vital opportunity to solidify its position in the regional energy market, leveraging its strategic geographical position, well-developed power infrastructure and experience in cross-border electricity trading.
CILTM Sabah Calls For Logistics To Be Included In State Transport Masterplan
LABUAN, Oct 9 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has called for logistics to be explicitly included in the proposed Sabah Sustainable Transport Master Plan to ensure the integrated planning of transport infrastructure and supply chains.
Govt To Provide 50 Acres Of KL Land Worth RM1 Bln For Bumiputera Agenda
KUALA LUMPUR, Oct 9 (Bernama) -- The government will provide 50 acres of strategically located land in Kuala Lumpur, valued at RM1 billion, as a new endowment to the Bumiputera Investment Foundation, Prime Minister Datuk Seri Anwar Ibrahim said.
Domestic Demand, Investments To Continue To Drive Malaysia’s Growth Trajectory At 4.2-5.2 Pct In 2027
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.
BDB Secures RM11.5 Mln Contract From NCIA For IBC Project In Kedah Rubber City
ALOR SETAR, Oct 8 (Bernama) – Bina Darulaman Bhd (BDB), through its subsidiary BDB Synergy Sdn Bhd, has secured an RM11.5 million contract from the Northern Corridor Implementation Authority (NCIA) to construct and complete the Integrated Business Centre (IBC) at Kedah Rubber City (KRC), Padang Terap.