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Malaysia Banks On Policy Certainty, Economic Resilience To Attract Investment – Amir Hamzah

By Kenny Teng

BANGKOK, Oct 16 (Bernama) -- Malaysia is strengthening its business environment, policy certainty and economic resilience to attract long-term investment, with foreign and domestic direct investments reaching record highs, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

AirBorneo Targets October Launch of Kuching-Jakarta Flights

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 16 (Bernama) -- Sarawak-owned AirBorneo Airways plans to launch direct flights between Kuching and Jakarta this month as its second international route, seeking to tap an existing market of about 100,000 passengers annually with its full-service offering.

Profit-Taking In Index Heavyweights Pulls Bursa Malaysia Lower

By Siti Noor Afera Abu & K. Naveen Prabu

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower on Friday as buying interest shifted from index heavyweights to smaller-cap technology and telecommunications stocks as well as real estate investment trusts (REITs). 

AM Best's November Briefing To Feature Singapore, Bermuda Regulators

KUALA LUMPUR, Oct 16 (Bernama) -- Global credit rating agency, AM Best will hold its annual Asia-Pacific (re)insurance market briefing on Nov 3 during the 22nd Singapore International Reinsurance Conference (SIRC).

Mongolian Mining’s Q3 Coking Coal Sales Fall 26 Pct

KUALA LUMPUR, Oct 16 (Bernama) -- Mongolian Mining Corporation’s washed coking coal sales fell 26 per cent quarter-on-quarter to about 1,996.9 kilotonnes (kt) in the third quarter (Q3) ended Sept 30, even as coking coal prices in China rebounded strongly on tighter domestic supply.

CILTM Sabah Hails Logistics Inclusion In Transport Masterplan

By Jailani Hasan

LABUAN, Oct 16 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has welcomed Sabah Industrial Development, Entrepreneurship and Transport Ministry’s positive response to its proposal to explicitly include logistics in the planned Sabah Sustainable Transport Masterplan.

Malaysia Fast-tracks Chip Design Via Arm IP -- Akmal Nasrullah

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia is accelerating semiconductor design cycles by leveraging Arm Ltd’s intellectual property (IP), building on its 50-year manufacturing base to shorten development timelines and expand homegrown IP capabilities.

Budget 2027: RM83 Bln Development Expenditure Boosts Growth, Infrastructure

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s RM83 billion development expenditure allocation under Budget 2027 offers an opportunity to strengthen the country’s economic foundations, expand business opportunities and support sustainable growth, according to Malaysian Rating Corporation Bhd (MARC).

YYForce Launches AI Staffing Platform For Singapore Businesses

KUALA LUMPUR, Oct 16 (Bernama) -- YYForce Inc (YYForce), a technology-enabled provider of workforce solutions and integrated facility management services, has launched Yolara AI, an artificial intelligence (AI)-powered workforce platform for frontline businesses in Singapore.

Selangor Aims To Become National, ASEAN Care Industry Hub By 2030

KUALA LUMPUR, Oct 16 (Bernama) -- Selangor aims to become a care industry hub at both the national and ASEAN levels by 2030, as the state prepares for an ageing population.

RHB Keeps Malaysia’s 2027 GDP Growth Forecast At 4.9 Pct On Supportive Budget

KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.

Zetrix AI Shares Fall 7.69 Pct On Potential Sukuk Covenant Breach Risk 

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd’s share price fell 7.69 per cent, or half a sen, on Friday following news of a potential covenant breach under its RM2 billion Sukuk Wakalah Programme.