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KUALA LUMPUR, Oct 28 (Bernama) -- Asian Pac Holdings Bhd (APHB) has entered into agreements with KotaSAS Sdn Bhd to acquire 8.69 hectares (ha) of leasehold land in Kuantan, Pahang, for RM42.09 million and undertake an adjoining commercial development with an estimated gross development value (GDV) of RM281.3 million.
KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.
KUALA LUMPUR, Oct 28 (Bernama) -- AM Green Ammonia (India) Private Limited (AM Green), a global supplier of renewable ammonia, has signed a binding heads of agreement to supply Japanese power company JERA Co Inc (JERA) with about 70,000 tonnes of green ammonia, produced using renewable energy, annually for five years, with an option to extend.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s Producer Price Index (PPI) increased by 12.0 per cent in September 2026, from 10.7 per cent in August 2026, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.
KUALA LUMPUR, Oct 27 (Bernama) -- Hong Leong Bank Bhd’s (HLB) customers can now make QR payments at more than 120 million UnionPay and Weixin Pay merchant touchpoints across China through the HLB Connect application, following a strategic partnership with UnionPay International (UPI).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this week, an analyst said.
KUALA LUMPUR, Oct 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said overseas investments must be scrutinised more closely to prevent similar losses, citing the Battersea Power Station redevelopment project in the United Kingdom.
By Nur Fatin Mohmad Kadenen
JOHOR BAHRU, Oct 27 (Bernama) -- Kopi Royale Johor founder, Nurul Afiqah Mazalan, plans to expand the business by opening a cafe within the next three years, having sold over 5,000 cups of traditional local coffee in just three days.
