ECRL Has Potential To Expand Entrepreneurs' Market Access, Boost East Coast Growth

By Anis Nabilla Md Wazilah

KUANTAN, July 22 (Bernama) -- The East Coast Rail Link (ECRL) project is expected to greatly benefit entrepreneurs in expanding their markets as well as strengthening economic growth, particularly in the East Coast.

Malaysia-Thailand BEZ To Boost Trade, Cut Logistics Costs -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, July 22 (Bernama) -- The proposed Malaysia-Thailand border economic zone (BEZ) could significantly strengthen bilateral trade and regional economic development, with improved border infrastructure expected to lower logistics costs, enhance supply chain efficiency and attract more investments, an economist said.

Sabah Southern MADANI Link Project Strengthens Electricity Supply Stability, Security

KUALA LUMPUR, July 21 (Bernama) -- The Sabah Southern MADANI Link (SSML) project by the Sabah state government is a strategic investment that strengthens the stability and security of the state’s electricity supply, according to the Ministry of Energy Transition and Water Transformation (PETRA).

ECRL Expected To Contribute Up To RM90 Bln To GDP By 2047

By Anis Nabilla Md Wazilah

KUANTAN, July 21 (Bernama) -- The East Coast Rail Link (ECRL) project is projected to generate RM80 to RM90 billion in cumulative value added contribution to the country’s gross domestic product (GDP) by 2047. 

Economy Ministry Drafting Legislative Framework To Curb Rent-Seeking Practices

PUTRAJAYA, July 21 (Bernama) -- The Economy Ministry is detailing a proposed legislative framework to curb rent-seeking practices, including assessing the need to enact new laws or improve existing provisions.

Malaysian Lubricant Producer Hyrax Oil Expands Reach Across Five Southeast Asian Markets

BANGKOK, July 21 (Bernama) -- Hyrax Oil Sdn Bhd, a Malaysian producer of lubricants and transformer insulating oils, signed agreements on Tuesday to expand the reach of its Hyrax Estramol ester transformer fluids into Thailand, Cambodia, Laos, Myanmar and Vietnam.

MN Holdings Shares Rise After Main Market Transfer Nod

KUALA LUMPUR, July 21 (Bernama) -- MN Holdings Bhd’s share price rose after the company received approval from the Securities Commission Malaysia (SC) to transfer its listing to the Main Market of Bursa Malaysia.

Airborneo To Support Sarawak's Regional Investment Hub Aspiration -- Abang Johari

SEPANG, July 20 (Bernama) -- AirBorneo will play a key long-term role in transforming Sarawak into a regional investment and logistics hub, while reinforcing Malaysia's economic growth, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

MN Holdings Gets SC Nod For Main Market Transfer

KUALA LUMPUR, July 20 (Bernama) -- MN Holdings Bhd has secured approval from the Securities Commission Malaysia (SC) for its proposed transfer to the Main Market of Bursa Malaysia Securities Bhd from the ACE Market.

Data Centres In Malaysia To Need Over US$20 Bln Funding Over Next Three Years - S&P Global

KUALA LUMPUR, July 20 (Bernama) -- Data centres in Malaysia are estimated to require over US$20 billion (US$1=RM4.09) in funding for powered shells and equipment over the next three years, based on the estimated capacity addition of around two gigawatts (GW), according to S&P Global Ratings.

Petroleum Reserve Should Be Part Of A Broader Economic Security Strategy -- Economist

KUALA LUMPUR, July 19 (Bernama) -- A renowned economist has cautioned that a national petroleum reserve should not be a standalone energy initiative but rather be one component of a broader economic security strategy encompassing food security, critical minerals, semiconductors and digital infrastructure.

Syamsul Farizz Appointed New ECERDC CEO, To Lead ECER 2030 Agenda

PUTRAJAYA, July 18 (Bernama) -- The Ministry of Economy today announced the appointment of Syamsul Farizz Nadzeri as the new chief executive officer (CEO) of the East Coast Economic Region Development Council (ECERDC).