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GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

Nanning Competition Awards Innovation And Entrepreneurship Projects, Boosts ASEAN Focus

KUALA LUMPUR, Sept 29 (Bernama) -- The ninth China·Nanning Overseas Talent Innovation and Entrepreneurship Competition 2026 concluded in Nanning, awarding six first prizes, 10 second prizes, 14 third prizes, 20 excellence awards and five ASEAN Cooperation Potential Awards.

New Automotive Investors Could Replace BYD In Tanjong Malim - Perak MB

IPOH, Sept 28 (Bernama) -- Perak has confirmed that several automotive companies are interested in investing in KLK TechPark in Tanjong Malim, potentially replacing Chinese electric vehicle (EV) maker BYD Company Ltd, which previously withdrew from the project.

PM Anwar Urges Malaysian Companies To Expand In Saudi Arabia

KUALA LUMPUR, Sept 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged more Malaysian companies to expand their presence in Saudi Arabia and pursue collaborations that benefit both countries.

Malaysia Entering More Supportive Water Investment Cycle -- CIMB Securities

KUALA LUMPUR, Sept 28 (Bernama) -- Malaysia is entering a more supportive water investment cycle as ageing infrastructure, high water losses and rising industrial and data centre demand, as well as greater climate variability are increasing the urgency to improve water efficiency, reliability, and resilience.

Sunsuria Unit To Sell Dengkil Land for RM316.84 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Sunsuria Bhd’s 99.99 per cent-owned subsidiary, Sunsuria City Sdn Bhd, has entered into a sale and purchase agreement (SPA) with Amazon Data Services Malaysia Sdn Bhd to dispose of a parcel of land in Dengkil, Selangor, for approximately RM316.84 million in cash.

Poh Kong FY2026 Net Profit Jumps 60 Pct To RM193.37 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Poh Kong Holdings Bhd’s net profit rose 59.7 per cent to RM193.37 million for the financial year ended July 31, 2026 (FY2026), from RM121.10 million a year earlier.

Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said.

MIDA-OCBC Malaysia Partnership To Attract High-value Investments, Strengthen Local Businesses

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd have signed a memorandum of understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, South Korea and Taiwan, while supporting the development of local business ecosystems.

Bursa Malaysia Flat At Midday Amid Cautious Trading, Mild Selling

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia was flat at midday amid mild selling pressure as investors remained cautious, weighing prospects for United States (US)-Iran diplomatic talks against elevated oil prices and bond yields, alongside a hawkish US Federal Reserve, an analyst said.

Evocom Eyes Air Freight Transshipment Business Expansion To Australia, Middle East

KUALA LUMPUR, Sept 28 (Bernama) -- Evocom Bhd is looking to expand its air freight transshipment business, particularly on routes from China to Australia and the Middle East, as it seeks to diversify its operations beyond its core flexible staffing business.

QFC, US Chamber Of Commerce Sign MoU To Boost US-Qatar Business Ties

KUALA LUMPUR, Sept 28 (Bernama) -- The Qatar Financial Centre (QFC), an onshore financial and business centre, and the United States (US) Chamber of Commerce have signed a memorandum of understanding (MoU) to strengthen commercial and investment engagement between Qatar and the US.