12d ago
KUALA LUMPUR, July 29 (Bernama) -- Econpile Holdings Bhd has been awarded a sub-contract worth RM39.52 million from WCT Construction Sdn Bhd to undertake the earthworks, bored piling and sub-structure works here at Jalan Awan Besar in Mukim Petaling.
12d ago
KUALA LUMPUR, July 29 (Bernama) -- AGC Biologics announced that ahead of the official opening of its Yokohama site, an international biopharmaceutical company has secured half of the facility’s mammalian manufacturing capacity through a multi-year commercial contract expected to be worth hundreds of millions of dollars.
13d ago
KUALA LUMPUR, July 28 (Bernama) — The work towards expanding the FTSE Bursa Malaysia KLCI Index (FBM KLCI) beyond its current 30 constituents will help reduce the banking sector's weighting in the benchmark index, said Employees Provident Fund (EPF) chief investment officer Mohamad Hafiz Kassim.
13d ago
By K. Naveen Prabu
KUALA LUMPUR, July 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for a second consecutive day on Tuesday, weighed by easing crude oil prices.
13d ago
SEREMBAN, July 28 (Bernama) -- The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
13d ago
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
13d ago
PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).
13d ago
PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.
13d ago
KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
14d ago
KUALA LUMPUR, July 28 (Bernama) -- Despite the energy supply shock, Malaysia’s economy remains well on track to grow by four to five per cent, likely towards the upper end of the range, with manageable inflation in 2026, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.
14d ago
KUALA LUMPUR, July 27 (Bernama) -- The government is studying the possibility of utilising Sumbangan Asas Rahmah (SARA) credit through quick response (QR) code payments at tamu markets and farmers’ markets, with a decision expected to be announced in Budget 2027 if deemed sustainable, according to the Ministry of Finance (MOF).
14d ago
KUALA LUMPUR, July 27 (Bernama) -- Bank Negara Malaysia (BNM) has set a more comprehensive framework to assess the performance of development financial institutions (DFIs) beginning in 2027, according to the Ministry of Finance (MOF).