MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

KUALA LUMPUR, MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

It noted that the seconf half …

Good Governance, Clear Policy Drive Malaysia’s Economic Growth – PM Anwar

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim said the recent positive economic developments in Malaysia were the result of better governance, together with clear policy formulation, especially in the industrial, digital transformation, energy…

Increasing WPL Threshold Will Be A Boon For Plantation Sector

KUALA LUMPUR, CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

In a note today, it highlig…

Petron: No Disruption To Petroleum Products Supply Amid Refinery Maintenance

KUALA LUMPUR, Petron Malaysia Refining and Marketing Bhd’s (Petron Malaysia) refinery at Port Dickson, Negeri Sembilan, will undergo a maintenance shutdown for eight weeks to facilitate repairs to its furnaces.

Despite the shutdown, the oil company …

Labuan’s Asia International Exchange Launches Revolutionary Digital Asset Platform

LABUAN, The Asia International Exchange (AIX) marked a significant milestone today with the soft launch of its digital asset platform, positioning Labuan as a key financial technology (fintech) hub in the region.

AIX Investment Group Company Ltd chi…

Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

KUALA LUMPUR, Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

Its managing director/chief exe…

Rise Of Fintech, AI Requires Clear, Strong Governance Framework – ADFIM

KUALA LUMPUR, The rise of financial technology (fintech) and artificial intelligence (AI) in today’s rapidly changing world presents both opportunities and challenges such as the use of AI in credit scoring that has raised concerns about algorithm bi…