Malaysia Airports Hits New Monthly High For Passenger Movement In July 2024

KUALA LUMPUR, Malaysia Airports Group recorded 12.4 million passenger movements in July 2024, marking a 7.3 per cent increase from the previous month and setting a new monthly high post-pandemic.

In a statement, the group said the growth was largely…

Investment Banks Revise Malaysia’s 2024 GDP Growth Forecast Upward

KUALA LUMPUR, Hong Leong Investment Bank (HLIB) has revised its 2024 gross domestic product (GDP) forecast for Malaysia upward to 5.0 per cent from 4.8 per cent previously.

In a note today, the investment bank expects the economic expansion to be su…

Air Selangor Raises RM1.2 Bln Via SRI Sukuk Issuance

KUALA LUMPUR, Pengurusan Air Selangor Sdn Bhd has raised RM1.2 billion through the issuance of its sixth and largest tranche of Sustainable and Responsible Investment Sukuk Kelestarian Air Selangor (SRI KAS).

The water services provider said this is…

Kerjaya Prospek Unit Secures RM275.29 Mln Construction Contract In Penang

KUALA LUMPUR, Kerjaya Prospek Group Bhd’s wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM275.29 million construction contract from Persada Mentari Sdn Bhd.

In a filing with Bursa Malaysia, Kerjaya Prospek said the contract inv…

Bumiputera Economic Council To Monitor PuTERA35 Implementation, Says Ministry of Economy

PUTRAJAYA, The implementation of the Bumiputera Economic Transformation Plan 2035 (PuTERA35) will be overseen by the Bumiputera Economic Council, which Prime Minister Datuk Seri Anwar Ibrahim chairs.

The Economy Ministry said that integrated and sys…

OCBC Revises Malaysia’s 2024 GDP Growth Forecast Upwards To 5.0 Pct

KUALA LUMPUR, Oversea-Chinese Banking Corp (OCBC) has revised its gross domestic product (GDP) growth forecast for Malaysia upwards to 5.0 per cent year-on-year (y-o-y) from 4.2 per cent previously after the country recorded a strong 5.9 per cent GDP…

AICB Hosts IFCTF To Equip Malaysian Bankers With Skills To Combat Emerging Financial Crime Threats

KUALA LUMPUR, The Asian Institute of Chartered Bankers (AICB) and its Compliance Officers’ Networking Group have organised a special two-day International Conference on Financial Crime and Terrorism Financing (IFCTF) Masterclass 2024 beginning today….