Kenanga Maintains 2024 Export Growth Forecast At 7.3 Pct despite Rising Downside Risks

Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.

The bank highlighted that while export growth has reached 6.0 per cent for the first eight …

Mycron Steel Inks MoU With Japan’s JFE Steel To Drive Green Steel Solutions In Malaysia

Mycron Steel Bhd has inked a memorandum of understanding (MoU) with Japanese steel producer JFE Steel Corporation to drive the adoption of green steel solutions in Malaysia.

Mycron Steel group chief executive officer Roshan Mahendran Abdullah said t…

Bank Muamalat’s Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award

Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.

In a statement today, the bank said the accolad…

Sulaiman Mahbob: Steering MIDA Through Economic Crossroads

As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.

Under his stewardship, MIDA navigated …

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

In …

Subang Airport Records 25 Pct Rise In International Passenger Traffic For August

Sultan Abdul Aziz Shah Airport, also known as Subang Airport (SZB), recorded a 25 per cent rise in international passenger traffic in August 2024, according to Malaysia Airports Holdings Bhd (MAHB).

In a statement today, MAHB said that the resumpt…

Northport Achieves New Breakbulk Record With 52,480 FWTs of Steel Cargo

Northport (Malaysia) Bhd, a member of the MMC Group, has set a new record for breakbulk cargo handling from a single vessel, surpassing its previous milestone set in March this year.

In a statement, the port said it handled 52,480 freight weight to…