KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

CPO Futures Close Mostly Lower On Weaker CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).

CRESS Demand Remains Resilient Despite Revised System Access Charge - Analysts

KUALA LUMPUR, Oct 15 (Bernama) -- Demand for renewable energy (RE) under the Corporate Renewable Energy Supply Scheme (CRESS) is expected to remain resilient despite the revised system access charge (SAC).

Selangor Must Strengthen Local Talent To Maintain Foreign Investor Appeal -- Amirudin

KUALA LUMPUR, Oct 15 (Bernama) -- Selangor must intensify skill development for the local workforce and enhance their value-add to ensure foreign investors remain in the state, and not simply view it as a gateway to invest elsewhere.

Malaysia’s Nuclear Energy Development May Benefit From 123 Agreement With US – Raja Abdul Aziz

KUALA LUMPUR, Oct 15 (Bernama) -- The 123 Agreement currently being negotiated between Putrajaya and Washington is expected to pave the way for Malaysia to access nuclear technology expertise, develop local talent and strengthen its capabilities in nuclear energy development, said Atomic Energy Advisory Council of Malaysia chairman Raja Datuk Dr Abdul Aziz Raja Adnan.

Labuan Corp Appoints Jeffrey Lim As Invest Labuan CEO

LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.

CRESS Charges Fixed At 14 Sen/kWh For Developers, 4 Sen For Green Consumers -- EC

KUALA LUMPUR, Oct 15 (Bernama) -- Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.

IMF Forecasts Malaysia GDP Growth At 5.2 Pct In 2026, Moderating To 4.7 Pct In 2027

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).

Malaysia, Indonesia Entities Sign Trade, Business Cooperation

JOHOR BAHRU, Oct 15 (Bernama) – Two trade and business cooperation agreements exceeding US$234,000 (RM984,000) in value were signed between Malaysian and Indonesian business entities to open up new market and investment opportunities in both countries.

CelcomDigi, Maxis Accept MCMC Spectrum Awards

KUALA LUMPUR, Oct 15 (Bernama) --  CelcomDigi Bhd and Maxis Bhd have accepted spectrum awards from the Malaysian Communications and Multimedia Commission (MCMC).

Vestland Unit Secures RM225 Mln River-Widening Project In Kelantan

KUALA LUMPUR, Oct 15 (Bernama) -- Vestland Bhd’s indirect wholly-owned subsidiary Vestland Infra Sdn Bhd (VISB) has secured a RM225.07 million contract from Pembinaan Rizen Sdn Bhd (PRSB).

MBSB And HDC Collaborate To Connect Malaysian Halal SMEs To Global Buyers

KUALA LUMPUR, Oct 15 (Bernama) -- MBSB Bhd (MBSB) and Halal Development Corporation Bhd (HDC) have collaborated through the ‘Global Markets Unlocked Workshop’, an initiative to equip export-ready SMEs and halal businesses with the tools, connections and insights needed to expand internationally.