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A.P. Moller Capital To Buy Singapore Port Operator Portek

KUALA LUMPUR, Oct 16 (Bernama) -- A.P. Moller Capital, a global institutional fund manager, has agreed to acquire 100 per cent of Singapore-based ports operator Portek International Pte Ltd (Portek) from Japan’s Mitsui & Co Ltd (Mitsui) through its Emerging Markets Infrastructure Fund II (EMIF II).

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia remained lower at midday amid continued selling pressure in selected heavyweight counters. 

Budget 2027: RM8 Bln TVET Allocation To Boost Aviation, Automotive Sectors

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- The RM8 billion allocation to strengthen Technical and Vocational Education and Training (TVET) under Budget 2027 will be a key catalyst in propelling the country’s aviation and automotive industries into the next phase of growth.

Malaysia's Economy Expands 5.3 Pct In 3Q 2026, Growth Across Sectors -- DOSM

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s economy expanded by 5.3 per cent in the third quarter of 2026 (3Q 2026), after registering 6.0 per cent growth in the preceding quarter, according to the Department of Statistics Malaysia (DOSM).

Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

Bursa Malaysia Turns Lower In Early Trade After Opening Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.

13,743 Tonnes Of Battery Waste Generated Nationwide From 2021 To 2025

KUALA LUMPUR, Oct 15 (Bernama) -- A total of 13,743.15 tonnes of vehicle battery waste classified under scheduled waste code SW103 were generated nationwide between 2021 and 2025, according to the Ministry of Natural Resources and Environmental Sustainability (NRES).

Malaysia Steps Up Efforts To Achieve US$30 Billion Trade Target With Thailand

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Labuan Corp Appoints Jeffrey Lim As Invest Labuan CEO

LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.

IMF Forecasts Malaysia GDP Growth At 5.2 Pct In 2026, Moderating To 4.7 Pct In 2027

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).

CelcomDigi, Maxis Accept MCMC Spectrum Awards

KUALA LUMPUR, Oct 15 (Bernama) --  CelcomDigi Bhd and Maxis Bhd have accepted spectrum awards from the Malaysian Communications and Multimedia Commission (MCMC).

Bursa Malaysia Snaps Four-Day Winning Streak On Profit Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.