Sarawak Mulls Forming ‘Consolidated Entity’ For State’s Asset Management, Investment – Abang Jo

KUCHING, Sarawak is considering establishing a ‘consolidated entity’ for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He said he has instructed experts to conduct a study to determi…

UPM-NXP Collaboration To Boost Malaysia’s Competitiveness In Global Semiconductor Market

SERDANG, Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry.

This collaboration is set to strengthen the country’s positio…

Sarawak Energy Appoints Ibrahim Baki As Chairman Effective Oct 1

KUCHING, Sarawak Energy Bhd (SEB) has appointed Gabungan Parti Sarawak’s Satok state assemblyman, Datuk Ibrahim Baki, as its chairman effective Oct 1.

Ibrahim succeeds Datuk Amar Abdul Hamed Sepawi, who has been with the company since 2005, leading i…

Budget 2025: Hoteliers Urge Govt To Address Low Room Rates Despite Rising Operational Costs

KUALA LUMPUR, The hotel industry is calling on the government to address persistently low room rates and rising operational costs for the upcoming Budget 2025 to be tabled on Oct 18.

Malaysian Association of Hotel Owners (MAHO) executive director Sha…

Fiscal Deficit Projected To Fall To 3.8 Pct Of GDP In 2025 — CIMB Securities

KUALA LUMPUR, CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expe…

Budget 2025: Semiconductor Association Urges Govt To Support Local Firms Digitalisation

KUALA LUMPUR, The government needs to aid the growth of local companies by supporting technology acquisition and providing funding, which will help transform Malaysia into a global leader in the semiconductor and electrical and electronics (EandE) sec…

Sunway Shares Up On Plan To Acquire Cheras Land For RM320 Mln

KUALA LUMPUR, Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.

At 10.01 am, the counter rose 1….