MALAYSIA’S LI RISES 3.8 PCT IN MAY 2024, ECONOMY REMAINS RESILIENT – DOSM
KUALA LUMPUR, Malaysia saw its leading index (LI) grew 3.8 per cent year-on-year (y-o-y) to 114.2 points in May 2024 from 110.0 points in the same period last year, according to the Department of Statistics Malaysia (DoSM).
‘The growth reflected a re…
INVESTKL SECURES RM3.3 BLN INVESTMENT, CREATES 3,389 JOBS IN 1H 2024
KUALA LUMPUR, Invest KL Corporation (InvestKL) secured RM3.3 billion in investments and created 3,389 high-value regional jobs by establishing six global services hubs in the first half of 2024 despite current global challenges.
These services hubs c…
PETRONAS’ UNIT INKS LAND RENTAL DEAL FOR PAHANG CCS HUB
KUALA LUMPUR, Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas CCS Solutions Sdn Bhd (PCCSS) has inked a land rental agreement with Kuantan Port Consortium Sdn Bhd (Kuantan Port) to accelerate plans for its southern Carbon Capture and Storage …
KIOXIA RECOGNISED FOR GROUNDBREAKING BICS FLASH 3D FLASH MEMORY TECHNOLOGY
KUALA LUMPUR, Kioxia Corporation, the inventor of NAND flash memory, was honoured by FMS: the Future of Memory and Storage with 2024 Lifetime Achievement Award for 3D NAND flash invention.
This breakthrough technology has become fundamental to a wide…
MALAYSIA’S NOMINAL GDP FOR 2023 AMOUNTS TO RM1.8 TRILLION
KUALA LUMPUR, Malaysia’s 2023 nominal gross domestic product (GDP) amounted to RM1.8 trillion, said the Department of Statistics Malaysia (DOSM).
Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.
In a statement, chief sta…
FEDERAL-STATE COLLABORATION KEY TO DYNAMIC BUSINESS ENVIRONMENT
KUALA LUMPUR, Collective efforts between the Federal and state governments are essential to create a more cohesive and dynamic business environment in Malaysia, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By alig…
MIDA INVEST SERIES SHOWCASES SELANGOR’S BUSINESS POTENTIAL
KUALA LUMPUR, The Malaysian Investment Development Authority (MIDA) and Invest Selangor Bhd (ISB) have co-hosted the MIDA Invest Series – Selangor: ‘Unfolding Its Business Potential’ to showcase Selangor’s investment landscape and opportunities.
MIDA…
KOLMAR BNH ACCELERATES PRODUCT EXPANSION INTO EUROPEAN MARKET
KUALA LUMPUR, Kolmar BNH, a Korean health functional food Original Development Manufacturing (ODM) firm, has sped up its expansion efforts into the Southeast Asian and European markets with HemoHIM G, a product designed for the global arena.
HemoHIM …
IMPROVING BUSINESS A FOCUS OF NATIONAL COOPERATIVES CONGRESS
KUALA LUMPUR, Improving the competitiveness of the cooperative business will be one of four main areas of focus at the National Cooperatives Congress 2024 over two days from today.
The other three areas of focus are strengthening identity and self-aw…
XENCO MEDICAL’S TRABECULEX CONTINUUM BAGS 2024 INNOVATION BY DESIGN AWARD
KUALA LUMPUR, Xenco Medical, a pioneering life sciences company, has been awarded with Fast Company Magazine prestigious 2024 Innovation by Design Award for its groundbreaking TrabeculeX Continuum, the first convergent technology bridging regenerative…
MEDIDATA AI-ENHANCED SOLUTION TO FAST-TRACK EISAI’S DATA REVIEW, RECONCILIATION BY 80 PCT
KUALA LUMPUR, Medidata has been selected by Eisai Inc (Eisai), the United States (US) pharmaceutical subsidiary of Tokyo-based Eisai Co Ltd, as one of the first customers to harness its recently announced artificial intelligence (AI)-driven Medidata C…
AFFIN BANK INKS MOU TO BOLSTER SME GROWTH IN SARAWAK
KUCHING, Affin Bank Bhd has inked a memorandum of understanding (MoU) with three local industry players, namely Sarawak Digital Economy Corporation Bhd (SDEC), Dewan Usahawan Bumiputera Sarawak Kuching Branch and Chemsain Sustainability Sdn Bhd, to ex…