BNM Appoints Ahmad Fauwaz Fadzil To Shariah Advisory Council

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Ahmad Fauwaz Fadzil as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Nov 1, 2026.

Penang Tech Financial Centre To Capitalise On Geopolitical Shifts, AI Supercycle – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.

SD Guthrie Shares Up In Early Trade After Land Disposal, JV Deal

KUALA LUMPUR, Oct 30 (Bernama) -- SD Guthrie Bhd’s shares rose in early trade after the company disposed of 657.09 hectares in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million.

Linyi Trade City Initiative To Ease Supply Chain Access For Malaysian Businesses

By Norhayati Mohd Akhir

LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

SKA Capital’s ACE Market IPO Oversubscribed 80.42 Times

KUALA LUMPUR, Oct 29 (Bernama) -- SKA Capital Bhd's initial public offering (IPO) has been oversubscribed by 80.42 times ahead of its listing on the ACE Market of Bursa Malaysia slated on Nov 11, 2026.

JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants

KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.

PNB, Bernama Explore Collaboration To Strengthen Public Financial Literacy

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- Permodalan Nasional Bhd (PNB) is exploring a collaboration with the Malaysian National News Agency (Bernama) to expand efforts to strengthen public financial literacy, especially to encourage Malaysians to save and invest.

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Govt Takes Targeted Approach To Assist Affected SMEs - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.

Main Market-Bound Big Caring Aims To Raise RM637.8 Mln From IPO

KUALA LUMPUR, Oct 29 (Bernama) -- Retail pharmacy chain Big Caring Group Bhd (BCG) aims to raise RM637.8 million through its initial public offering (IPO), en route to its listing on Bursa Malaysia’s Main Market.

Estek Invests Rm20 Mln In New Batu Kawan Manufacturing Facility

BATU KAWAN, Oct 29 (Bernama) -- Estek Automation Sdn Bhd has invested RM20 million in a new 50,000-square-foot manufacturing facility in Batu Kawan, Penang, to expand its capabilities in semiconductor equipment, artificial intelligence (AI)-driven solutions and contract manufacturing.