LuMIC: Next maritime hub?
WHILE public attention has centred on the Johor-Singapore Special Economic Zone, Penang's semiconductor ambitions and the East Coast Rail Link, another mega project is slowly taking shape on Perak's west coast.
SimeProp building recurring earnings
Sime Darby Property Bhd (SimeProp) is in a good position to strengthen its earnings profile over the next few years as its recurring income platform gathers momentum, supported by expanding data centre, industrial and logistics assets as well as continued land monetisation across its flagship Elmina Growth Corridor in Selangor.
AGX Group declares 2.2 sen special dividend for FY26
AGX Group Bhd has declared a special dividend of 2.2 sen per ordinary share for the financial year ending Dec 31, 2026 (FY26).
Health Ministry to enforce mandatory reporting on medicine supply disruptions from July 1
KUALA LUMPUR: Effective July 1, the Health Ministry will enforce mandatory reporting by Product Registration Holders (PRHs) of any disruptions or discontinuations in medicine supply.
Axis-REIT in RM128mil asset purchase
Axis Real Estate Investment Trust (Axis-REIT) is acquiring a fully occupied distribution centre in Bandar Saujana Putra, Selangor, from City-Link Express (M) Sdn Bhd for RM128mil cash.
Planning for commercial cargo, passenger drone services
Malaysia is launching a plan to offer commercial low-altitude cargo and passenger drone services by 2030, with limited freight operations expected to begin by early next year.
Blueprint for low-altitude economy expected by year-end, says Loke
PUTRAJAYA: Malaysia is expected to unveil its blueprint for the low-altitude economy (LAE) by the end of the year, providing a clear framework to regulate and support the emerging sector, says Transport Minister Anthony Loke.
Bintulu Port operator unchanged after transition to state port status
Bintulu Port Holdings Bhd (BPHB) announced that its wholly- owned subsidiary, Bintulu Port Sdn Bhd (BPSB), will continue to operate Bintulu Port following its transition from a federal port to a state port recently.
China dam expansion seen as catalyst for growth
China's launch of a 77.2-billion-yuan (US$11.39bil) infrastructure project to expand the Three Gorges Dam's navigation system is set to eliminate chronic shipping bottlenecks and substantially lower national logistics costs.
Economy remains resilient amid Middle East crisis, Dewan Rakyat told
KUALA LUMPUR: Malaysia's economy remains resilient despite growing uncertainty over Middle East tensions, with the country's gross domestic product (GDP) expanding by 5.4% in the first quarter, says Economy Minister Datuk Seri Akmal Nasrullah Mohd Nasir.
