CIMB Investment To Revise Malaysia’s 2Q GDP Growth Forecast Higher To Six Pct Y-O-Y

CIMB Investment Bank Bhd may revise its estimate for Malaysia’s second quarter of 2024 (2Q 2024) gross domestic product (GDP) growth higher to six per cent year-on-year (y-o-y) from the advance estimate of 5.8 per cent on solid performance for the se…

Global Players Like Tesla Needed For The Development Of Malaysia’s EV Ecosystem — Tengku Zafrul

The development of Malaysia’s electric vehicle (EV) ecosystem requires the participation of global EV players such as Tesla, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said his ministry (MITI) has a …

Solarvest Bags 5 Green Power Agreements Including Bursa Malaysia, Micron Totalling 59.98 MWac

Solarvest Holdings Bhd has secured five separate Corporate Green Power Agreements (CGPAs) with Bursa Malaysia Bhd, Micron Technology and two global leading semiconductor manufacturers, and a leading global data centre service provider (referred to as…

Mitrajaya’s Unit Secures RM151.99 Mln Contract From NCIA

Mitrajaya Holdings Bhd (MHB) secured a contract from the Northern Corridor Implementation Authority (NCIA) to construct Phase 2A of the Kedah Science and Technology Park in Bukit Kayu Hitam, Kedah for RM151.99 million.

In a filing with Bursa Malays…

Infineon’s Additional Investment Reflects Confidence In National Policies – PM Anwar

The country’s clear economic policies and political stability were key factors that prompted global semiconductor company Infineon Technologies AG (Infineon) to announce an additional investment of RM30.1 billion yesterday, said Prime Minister Datuk …

Manufacturing Sales At RM921.5 Bln In First Six Months Of 2024 – DoSM

Malaysia’s manufacturing sector sales reached RM921.5 billion in the January-June 2024 period, increasing by 3.7 per cent versus the 3.5 per cent growth in the same period a year ago, said the Statistics Department Malaysia (DoSM).

Chief statisticia…

Malaysia’s IPI Rises Five Pct In June, Sustaining Six Months Of Positive Growth – DoSM

Malaysia’s Industrial Production Index (IPI) rose by five per cent year-on-year in June 2024, sustaining a positive momentum for six consecutive months, driven by consistent growth in the manufacturing sector, according to the Department of Statistic…