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Tag: Malaysia

Posted on February 18, 2025

Petronas concludes Malaysia Bid Round 2024 with 14 PSCs

The MBR 2024 has attracted 12 operators, offering 11 discovered resource opportunities (DRO) and three exploration blocks.
Posted on February 15, 2025

Malaysia GDP growth meets target, expands 5.1% in 2024

KUALA LUMPUR] Malaysia’s economy grew 5.1 per cent year on year in 2024, aligning with official advance estimates of 4.8 to 5.3 per cent. The growth was fuelled by strong domestic demand and a rebound …
Posted on February 15, 2025

Malaysia GDP growth meets target, expands 5.1% in 2024

KUALA LUMPUR] Malaysia’s economy grew 5.1 per cent year on year in 2024, aligning with official advance estimates of 4.8 to 5.3 per cent. The growth was fuelled by strong domestic demand and a rebound …
Posted on February 15, 2025

Malaysia GDP expands 5.1% in 2024, exceeds official forecast

KUALA LUMPUR] Malaysia’s economy grew 5.1 per cent year on year, surpassing the government’s official forecast of 4 to 5 per cent, fuelled by strong domestic demand and a rebound in exports, said Bank …
Posted on February 14, 2025

Billionaire Jeffrey Cheah’s Sunway, MRT To Build $578 Million Mixed Use Project Near Singapore-Malaysia Causeway

Sunway Group—controlled by Malaysian billionaire Jeffrey Cheah—is building a $578 million mixed-use residential and commercial property in partnership with the Malaysian state-owned commuter rail …

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Posted on February 14, 2025

Trump’s Tariff Vow Risks Derailing Banner Year for Malaysia

Malaysia ended 2024 on a roll: its economy grew faster than official forecasts, its currency was the best performer in emerging markets and, after an extended period of political turmoil, its …
Posted on February 13, 2025

Malaysia’s AI revolution in Islamic finance — Ashurov Sharofiddin and Azman Mohd Noor

Artificial Intelligence (AI) is rapidly reshaping industries worldwide, and Islamic banking and finance are no exceptions. Malaysia, a global leader in …
Posted on February 12, 2025

Malaysia Aviation Group sells MASwings airline to Sarawak state government

The Malaysia Aviation Group has signed an agreement on the sale and transfer of its MASwing airline to the Sarawak state government with the deal expected to be completed by the end of the year, MAG …
Posted on February 12, 2025

Malaysia faces potential steel import surge amid US tariff uncertainty

KUALA LUMPUR] The Malaysian steel industry is bracing for a potential influx of cheap steel imports following the uncertainty surrounding the impact of a 25 per cent tariff on all steel and aluminum …
Posted on February 12, 2025

Heineken Malaysia 4Q earnings at new high

Heineken Malaysia Bhd has delivered a record-high quarterly net profit of RM140.85mil in its fourth quarter ended Dec 31, 2024 (4Q24), a 42.2% jump from RM99.07mil a year ago on the back of a lower …

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