EXIM Bank Strengthens Malaysian Businesses' Capacity Through RM1 Bln Strategic Initiatives Under Budget 2027

KUALA LUMPUR, Oct 26 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) will strengthen Malaysian businesses’ capacity to compete internationally and adopt sustainable practices through over RM1 billion in strategic initiatives mandated by the government under Budget 2027.

NGC Energy Eyes Growth Through Stronger Shareholder Partnership, Infrastructure Opportunities

KUALA LUMPUR, Oct 26 (Bernama) -- Liquefied petroleum gas (LPG) solutions provider, NGC Energy Sdn Bhd aims to venture abroad while strengthening its presence in the domestic market, supported by its evolving shareholder structure and potential infrastructure opportunities.

Malaysia Well Positioned To Play Key Role As Regional Data Centre Hub - Moody's Ratings

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia is well positioned to play a key role as a regional data centre hub if it can maintain its competitive advantage, Moody’s Ratings said.

Maxis Shares Up At Early Trade Following RM83 Mln Broadband Business Asset Acquisition

KUALA LUMPUR, Oct 26 (Bernama) -- Maxis Bhd’s shares rose at early trade today following the group’s proposed acquisition of  Astro Malaysia Holdings Bhd’s wholly owned subsidiary MEASAT Broadcast Network Systems Sdn Bhd’s (MBNS) broadband business assets for RM83 million.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives traded lower in the early session today.  

Bursa Malaysia Opens Slightly Higher But Falls Thereafter

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but fell thereafter as market sentiment was weighed down by the weaker overnight performance on Wall Street. 

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade on Monday amid cautious sentiment ahead of the US Federal Reserve’s Federal Open Market Committee (FOMC) meeting on Oct 27-28. 

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Malaysia Needs Adequate Power, Grid Capacity To Attract Data Centres - JERA

SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.

Japan’s Sugiyo Eyes Bigger Halal Market Share In Malaysia

By Christine Lim

KUALA LUMPUR, Oct 25 (Bernama) -- Leading Japanese processed seafood producer, Sugiyo, is eyeing a bigger slice of the global halal market by expanding its presence in Malaysia.

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets. 

Global Investor Chooses Malaysia For US$50 Bln Investment In Tech Sector – Anwar

MELAKA, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today disclosed that a global investor plans to invest US$50 billion (US$1=RM4.08) in the artificial intelligence (AI), new technology and data centre sectors in Sarawak and Peninsular Malaysia.