Local News

Nine Malaysian firms on Forbes Asia list

Nine Malaysian firms on Forbes Asia list

PETALING JAYA: Forbes Asia has named nine Malaysian companies as part of its “Best Under A Billion 2023” list. The list highlights 200 Asia-Pacific public companies with revenues under US$1bil that have displayed consistent growth in both their top and bottom lines....

Driving clean growth for a sustainable Malaysia

Driving clean growth for a sustainable Malaysia

We need to decouple economic growth from resource consumption IMAGINE, if instead of discarding things after using them, we find ways to give them new life. That's the idea behind a circular economy – creating a system in which we make the most of our resources by...

Penang’s new ferry service begins with first passengers

Penang’s new ferry service begins with first passengers

GEORGE TOWN:Penang's newest ferry service began on Monday (Aug 6) with the arrival of Teluk Kampi at the Raja Tun Uda ferry terminal on the island carrying its first batch of pedestrians and two-wheelers. On board the ferry were Chief Minister Chow Kon Yeow, Penang...

Westports second quarter net profit rises to RM194.76m

Westports second quarter net profit rises to RM194.76m

KUALA LUMPUR, July 27 — Westports Holdings Bhd’s net profit for the second quarter ended June 30, 2023 (2Q FY2023) rose to RM194.76 million from RM162.29 million a year ago, attributed to the reduction in fuel cost. Revenue widened to RM542.64 million compared to...

Airline passenger traffic grew in June

Airline passenger traffic grew in June

KUALA LUMPUR, 28 July 2023: Recovery in international passenger markets remains robust, as travel demand grew in June despite inflationary pressures and the weakness in regional currencies according to preliminary June 2023 traffic figures released this week by...

Petronas, other firms invest in green fuel

Petronas, other firms invest in green fuel

KOTA KINABALU: Petronas is diversifying its portfolio to include biofuels as part of the company’s offerings.  As technical partner of Mercedes-AMG Petronas Formula One Team, Petronas aims to supply advanced sustainable fuel in support of new engine regulations and...

Nusantara, the new gateway for Malaysia-Indonesia cooperation

Nusantara, the new gateway for Malaysia-Indonesia cooperation

Of late, Indonesia’s President Joko “Jokowi” Widodo has been hard at work promoting foreign investment in Indonesia’s future new capital, Nusantara, slated to replace Jakarta as the center of administration by 2024. The President’s whirlwind visits in June 2023 to...