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Economy

MBSB Bank Allocates RM78 Mln Financing For Kedah Water Infrastructure Solar Projects

BALING, Sept 3 (Bernama) -- MBSB Bank Bhd has allocated RM78 million in Shariah-compliant financing to support the implementation of solar energy projects at 32 facilities owned by Syarikat Air Darul Aman (SADA) throughout Kedah.

F&N Receives First Payment Of RM136.2 Mln For 50 Pct Vacaron Stake Sale

KUALA LUMPUR, Sept 4 (Bernama) -- Fraser & Neave Holdings Bhd (F&N) has received RM136.20 million from Tan & Tan Development Bhd (TTDB), representing the first tranche payment for the disposal of a 50 per cent equity interest in Vacaron Company Sdn Bhd to TTDB.

Shin Yang To Acquire Land In Kuching, Sarawak For RM34 Mln

KUALA LUMPUR, Sept 4 (Bernama) -- Shin Yang Group Bhd has entered into a sale and purchase agreement with Forescom Plywood Sdn Bhd to acquire an 8.32-hectare parcel of land at Pending Industrial Estate, Kuching, Sarawak, for RM34 million. 

SkyGate NHJ Technology opens Manufacturing Facility In Penang 

KUALA LUMPUR, Sept 4 (Bernama) -- SkyGate NHJ Technology Sdn Bhd has inaugurated its new manufacturing facility in the Perai Free Industrial Zone, Penang, expanding its technology-driven precision engineering presence in Malaysia.

Butterfield FB IPO Oversubscribed 18.67 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Sept 4 (Bernama) -- Butterfield FB Bhd’s (BFB) initial public offering (IPO) has been oversubscribed by 18.67 times by the Malaysian public, ahead of its listing on the ACE Market of Bursa Malaysia on Sept 15, 2026.

Atos-Flender Solution Wins IDC China Best Agentic AI Practice Award

KUALA LUMPUR, Sept 4 (Bernama) -- Atos, a leader of artificial intelligence (AI)-powered digital transformation, announced that a sovereign agentic AI solution has been honoured at the IDC China AI Innovation Awards 2026.

Moncler To Unveil New York Exhibition Celebrating Over 20-Year Bond

KUALA LUMPUR, Sept 4 (Bernama) -- Fashion brand Moncler is unveiling the untold story of New York in Moncler through one of the largest open-air public exhibitions the city has ever seen.

China's Guizhou Digital Industry Cluster Reaches 300 Bln Yuan

KUALA LUMPUR, Sept 4 (Bernama) -- Guizhou’s digital industry cluster has reached a scale of 300 billion yuan (roughly RM180 billion), while the southwestern Chinese province’s computing capacity has surpassed 176 EFLOPS (exa floating-point operations per second).

Budget 2027: Sabah Residents Want Cost Of Living Eased, MSMEs Empowered

By Syed Iylia Harizal

KOTA KINABALU, Sept 4 (Bernama) --  Easing the cost-of-living pressures and expanding support for micro, small and medium enterprises (MSMEs) are among the expectations of the people in Sabah for Budget 2027, which is scheduled to be tabled in parliament on Oct 9.

Curia Opens Expanded Albuquerque Manufacturing Campus 

KUALA LUMPUR, Sept 4 (Bernama) -- Curia Global Inc (Curia) has opened its expanded campus in Albuquerque, New Mexico, following a US$200 million investment to increase domestic manufacturing capacity for critical injectable medicines. (US$1=RM4.03)

Harmonised Standards, ‘Single Window’ Clearance Key To Seamless Cross-border Trade For JS-SEZ

By Mohamad Syazwan Mustafa

SINGAPORE, Sept 4 (Bernama) -- Establishing a single-window trade system and harmonising regulatory standards between Malaysia and Singapore are vital steps to achieve seamless cross-border integration and fully unlock the economic potential of the Johor-Singapore Special Economic Zone (JS-SEZ), according to a leading express logistics company.