Rapid Bus Introduces First DRT Service In Penang

GEORGE TOWN,, Rapid Bus Sdn Bhd (Rapid Bus), the operator of the Rapid Penang bus service, will introduce the first Demand Responsive Transit (DRT) service on a trial basis in Penang from tomorrow until Oct 31, 2024.

It said in a statement that the …

Inflation, Economic Growth Forecasts Not Affected By Targeted Subsidy Implementation — Mof

KUALA LUMPUR,, The implementation of targeted diesel subsidies is not expected to have a significant impact on inflation and economic growth, as the government has taken into account the rate of increase in diesel retail price and the cash assistance…

KWAP’s Net Income Surged By 36 Times To RM9.7 Bln In FY2023

KUALA LUMPUR,, The Retirement Fund Inc’s (KWAP) net income surged 36-times to RM9.7 billion for the financial year 2023 (FY2023) — its second highest figure since 2017– compared to RM263 million reported in 2022.

Chief investment officer Hazman Hi…

KWAP To Increase Foreign Investment Exposure To 30 Pct By 2025

KUALA LUMPUR,, The Retirement Fund Inc (KWAP) plans to increase its international investment exposure to 30 per cent by 2025 although the local market has recently showed an improved performance.

Chief investment officer Hazman Hilmi Sallahuddin sai…

CelcomDigi Submits Proposal On Second 5G Network Deployment To MCMC

KUALA LUMPUR,, CelcomDigi Bhd has submitted its proposal on the deployment of Malaysia’s second 5G network to the Malaysian Communications and Multimedia Commission (MCMC) this morning.

Its chief executive officer, Datuk Idham Nawawi said the propos…

Infomina Clinches RM34.71 Mln Job From Ministry Of Home Affairs

KUALA LUMPUR,, Infomina Bhd has accepted a letter of acceptance from the Ministry of Home Affairs, amounting to RM34.71 million.

In a filing with Bursa Malaysia today, the technology company said the award is for the provision of technology applicat…

SAMENTA To Step Up Efforts To Enhance SMEs’ Understanding Of ESG Standards

GEORGE TOWN,, The Small and Medium Enterprises Association of Malaysia (SAMENTA) will intensify its efforts to assist small and medium enterprises (SMEs) in the country, in improving their compliance with environmental, social, and governance (ESG) s…