8d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
8d ago
KUALA LUMPUR, Oct 29 (Bernama) -- OMODA, part of Chery’s OMODA & JAECOO division, has unveiled the OMODA X, which it describes as the world’s first “cross off-road vehicle”, at a global debut event on Oct 20.
8d ago
KUANTAN, Oct 29 (Bernama) -- A RM850 million floating solar photovoltaic (PV) project at Chereh Dam in Pahang is expected to create about 1,500 jobs and generate clean electricity equivalent to the annual consumption of 100,000 households.
8d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
8d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).
8d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records.
8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.
8d ago
From Norhayati Mohd Akhir
LINYI (Shandong), Oct 29 (Bernama) -- The Malaysian Association of Malay Entrepreneurs and Traders (Perdasama) aims to establish a Linyi-Malaysia halal hub to strengthen bilateral economic cooperation and create broader opportunities for Bumiputera entrepreneurs to break into the huge Chinese market.
8d ago
KONYA (Turkiye), Oct 29 (Bernama) -- The thunderous sound of anti-aircraft gunfire echoed across a military firing range in Konya, Turkiye, as an advanced defence system demonstrated how modern armies could counter drones, one of today's fastest-growing security threats.
8d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Commodity prices are set to rise 23 per cent in 2026 as global shocks mount with the West Asia conflict having drawn down oil inventories and is set to push energy prices to a four-year high, according to the World Bank Group’s latest Commodity Markets Outlook released today.
9d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.
9d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Oriental Interest Bhd will not proceed with the proposed RM280 million acquisition of the entire equity interest in Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd.