Fajarbaru Unit Secures RM246.10 Mln Contract From WCT Holdings

KUALA LUMPUR, Fajarbaru Builder Group Bhd’s wholly-owned subsidiary, Fajarbaru Builder Sdn Bhd (FBSB), has secured a contract from WCT Construction Sdn Bhd, an indirect subsidiary of WCT Holdings Bhd, to undertake the second phase development of Adiso…

BEV Sales Surge 112 Pct In 1H2024, Reaching 6,617 Units – Tengku Zafrul

KUALA LUMPUR, A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Indu…

Budget 2025: A Bigger Tourism Budget To Bring More People To Malaysia – Fernandes

PUTRAJAYA, AirAsia hopes the upcoming Budget 2025 will offer more initiatives to promote and advertise Malaysia.

Capital A Bhd chief executive officer Tan Sri Tony Fernandes said the airline did not expect specific incentives for aviation but would l…

BNM: Takaful Industry Urged to Adopt Ta’awun Concept for Enhanced Social Cohesion, Wealth Distribution

KUALA LUMPUR, Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.

Bank Negara…

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

The signing was witnesse…

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt – Amir Hamzah

Finance Minister II Datuk Seri Amir Hamzah Azizan said that through strict and phased fiscal consolidation, the government managed to curb the increase in the amount of net loans while reducing debt growth.

During the winding up of the Auditor Genera…

ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target

KUALA LUMPUR, The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.

The investments will create over 8,700 job opport…