Author: Bernama

Budget 2024 provides favourable landscape for OGSE companies: MPRC

KUALA LUMPUR: Budget 2024 provides a favourable landscape for Malaysia’s oil and gas services and equipment (OGSE) companies to strengthen the industry’s fundamentals and secure its sustainability, said the Malaysia Petroleum Resources Corporation. Its president/chief executive officer, Mohd Yazid Ja’afar said Budget 2024 included significant allocations to advance technical and vocational education and training (TVET)

Highlights from Budget 2024

KUALA LUMPUR: Below are the highlights from Budget 2024 tabled by Prime Minister Datuk Seri Anwar Ibrahim. Themed ‘Reforming the Economy: Empowering the People’, it is the second budget tabled by Anwar since becoming the 10th prime minister on Nov 24, 2022.

Private 5G networks critical for digital transformation

KUALA LUMPUR: Private 5G networks will be critical enablers of digital transformation for large enterprises in many different industries across Southeast Asia over the next five years. BMI, a unit of Fitch Solutions, said in Malaysia, this would pivot around collaborations between enterprises and licensed mobile network operators as spectrum

Two padi mini-estates developed in Sabah to increase rice production

KOTA KINABALU: The Farmers Organisation Authority (FOA) is developing mini padi estates in Beluran and Pitas to increase rice production and income of the padi farmers in Sabah. Its deputy director-general (Development) Amir Matamin said the implementation of the two mini-estates, covering 150 hectares, was also aimed at helping farmers

IJM Corp share price up one sen in early session

KUALA LUMPUR: IJM Corporation Bhd’s share price rose in the early trading session after securing a contract worth RM1.10 billion from Malaysia Rapid Transit System Sdn Bhd. At 10.40 am, IJM climbed one sen to RM1.92 with 2.68 million shares changing hands. IJM Corp yesterday announced that its construction arm

PM Anwar to table Malaysia Madani 2024 budget this afternoon

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim will be tabling the Malaysia MADANI 2024 Budget at Dewan Rakyat this afternoon. This will be the second national budget tabled by the Unity Government under the leadership of Anwar, who is also Finance Minister. The tabling of the budget, which will

Batu Pahat, Alor Gajah record unhealthy air

KUALA LUMPUR: Batu Pahat in Johor and Alor Gajah, Melaka, recorded unhealthy air as of 10 am today with Air Pollutant Index (API) readings of 152 and 151, respectively. Based on the Air Pollutant Index Management System (APIMS) website operated by the Department of Environment (DOE), another 47 areas in

Pan Gon expects tough match against India

PETALING JAYA: ‘We must be firm and strong from the first until the 90th minute’. That was the message relayed by Harimau Malaya’s coach Kim Pan Gon to his charges ahead of their first match in the 2023 Merdeka Tournament against India at the Bukit Jalil National Stadium today. Pan

Commercial crime rises this year

KUALA LUMPUR: Commercial crime has shown an increasing trend, with 30,992 cases and losses amounting to RM1.6 billion recorded in the first nine months of this year alone. Bukit Aman Commercial Crime Investigation Department (CCID) Director Datuk Seri Ramli Mohamed Yoosuf said fraud-related cases recorded the highest losses at RM1.24

MYAirline suspends operations

KUALA LUMPUR: MYAirline Sdn Bhd has suspended of its operations effective yesterday until further notice due to significant financial pressures. In a statement early yesterday morning, the low-cost airline said it has come to this “extremely painful decision” because of financial pressures that have made it necessary to suspend operations