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ECRL Expected To Contribute Up To RM90 Bln To GDP By 2047

By Anis Nabilla Md Wazilah

KUANTAN, July 21 (Bernama) -- The East Coast Rail Link (ECRL) project is projected to generate RM80 to RM90 billion in cumulative value added contribution to the country’s gross domestic product (GDP) by 2047. 

Govt To Develop Fair Formula To Calculate Open Market Value Of Local CKD Vehicles

PETALING JAYA, July 21 (Bernama) -- The government is developing a formula that is fair in calculating the open market value (OMV) or prices of locally assembled completely knocked down (CKD) vehicles in Malaysia.

Agrobank Launches First Shariah-Compliant Financing For Paddy Farmers

KOTA KINABALU, July 21 (Bernama) -- Agrobank has introduced a shariah-compliant financing facility specifically designed to help paddy farmers nationwide finance their paddy cultivation operating costs in a more systematic, sustainable and inclusive manner.

RISDA Strengthens Efforts To Boost Rubber Productivity, Reduce Production Costs Amid Global Uncertainties

KUALA LUMPUR, July 21 (Bernama) -- The Ministry of Rural and Regional Development (KKDW), through the Rubber Industry Smallholders Development Authority (RISDA), will continue to strengthen efforts to increase rubber plantation productivity, reduce production costs, enhance marketing efficiency and promote income diversification for smallholders.

West Asia Conflict Could Add RM1.1 Bln To Construction Diesel Bill In 2026 - Juwai IQI

KUALA LUMPUR, July 21 (Bernama) -- The West Asia conflict could add RM1.1 billion to the construction industry’s diesel bill in 2026, given the higher average diesel price since the turmoil began, Juwai IQI co-founder and group chief executive officer Kashif Ansari said today.

Stratus Global Sees order Book Doubling after Main Market Debut

KUALA LUMPUR, July 21 (Bernama) -- Stratus Global Holdings Bhd expects to double its order book within the next 12 months, driven by strong demand from existing and new semiconductor customers, following its listing on the Main Market of Bursa Malaysia today.

RON95 Subsidy Savings Used For Targeted Support, Food Security --MOF

KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.

Road To MAHA Labuan 2026 To Feature Fisheries, Agriculture, Agrotourism Industries

LABUAN, July 20 (Bernama) -- Visitors to Road to MAHA Labuan 2026 can look forward to themed exhibition zones showcasing agriculture, fisheries, entrepreneurship, agrotourism and food industries at the July 23-26 event at the Labuan International Sea Sports Complex.

Malakoff Leverages Innovation To Strengthen Energy Security, Reduce Carbon Emissions

KUALA LUMPUR, July 20 (Bernama) -- Energy security remains a cornerstone of Malaysia’s transition to a low-carbon future, with innovation playing a critical role in ensuring a reliable and sustainable electricity supply for households, businesses and industries.

PTT Synergy Unit To Acquire Logistics Software, IP For US$7.1 Mln

KUALA LUMPUR, July 17 (Bernama) -- PTT Synergy Group Bhd’s indirect subsidiary, PTT Robotics Sdn Bhd, has agreed with vTradEx Information Technology (Shanghai) Co Ltd to acquire logistics software and related intellectual property (IP) rights for US$7.10 million (US$1=RM4.09).

Gentari Advances KLIA2 Decarbonisation With 3.1 MWp Solar PV System

KUALA LUMPUR, July 17 (Bernama) -- Gentari Sdn Bhd, through its subsidiary Gentari Renewables Sdn Bhd, has deployed a 3.1 megawatt-peak (MWp) solar photovoltaic (PV) system at Kuala Lumpur International Airport 2 (KLIA2), marking a step forward in the solarisation of Malaysia’s transport infrastructure.

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.