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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.

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia stayed lower in mid-afternoon trading on persistent selling in selected heavyweight counters.

MITI To Boost Industrial Competitiveness, Capabilities Of Local Companies Through Budget 2027

KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) places emphasis on efforts to strengthen industrial competitiveness and improve the capabilities of local companies through initiatives under the MADANI Budget 2027.

BioLab Holdings Rebrands As EmeraNova, Eyes Global Expansion 

KUALA LUMPUR, Oct 16 (Bernama) -- BioLab Holdings has rebranded as EmeraNova, as it widens its focus from chronic wound care to tissue restoration across medical specialities, healing phases and care settings.

Indonesia Stock Exchange Halts Trading After Key Index Plunges Eight Pct

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 16 (Bernama) -- Trading on the Indonesia Stock Exchange (IDX) was temporarily halted for 30 minutes on Friday morning after the Jakarta Composite Index (IHSG) plunged eight per cent.

Pahang Secures 12 Investment Commitments Worth RM421 Mln At SIBS 2026

KUALA LUMPUR, Oct 16 (Bernama) -- The Pahang state government has secured 12 investment commitment agreements worth RM421 million at the Selangor International Business Summit (SIBS) 2026.

Chery’s LEPAS L6 EV To Go Global After Thailand Launch

KUALA LUMPUR, Oct 16 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS will take its L6 EV on its first global drive from Shanghai on Oct 19, as the electric sport utility vehicle (SUV) expands beyond Thailand, where it launched in July.

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).

Malaysia Data Centre Market Projected To Grow 33 Pct CAGR From 2025-2030 – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s data centre market is projected to grow at a compound annual growth rate (CAGR) of 33 per cent from 2025 to 2030, according to S&P Global Ratings.

Malaysia's Data Centre, GPU Funding Expected To Exceed Bank Lending Limits In Three Years – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to  S&P Global Ratings.

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.