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Malaysia, Maldives To Initiate PTA Negotiations, Pave Way For Greater Trade

From Mohd Fharkhan Abdul Ghapar

MALÉ (MALDIVES), Sept 15 (Bernama) -- Malaysia and Maldives have agreed to initiate negotiations for a Preferential Trade Agreement (PTA), a move expected to create new opportunities for businesses and further expand economic cooperation between the two countries.

EMGA Arranges US$80 Mln Club Loan For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Sept 15 (Bernama) -- London-based Emerging Markets Global Advisory LLP (EMGA) has led a US$80 million club loan financing for Uzbekistan’s Ipak Yuli Bank, funded by OeEB, CDP and Allianz Global Investors (AGI). (US$1 = RM4.07)

Gold To Stay At US$4,000-US$5,000 Range Over Next Few Years -- Malaysia Gold Association

BATU KAWAN, 15 Sept (Bernama) -- Gold prices are expected to remain range-bound between US$4,000 and US$5,000 per troy ounce over the next one to two years, with the precious metal currently trading at around US$4,350 per troy ounce, said the Malaysia Gold Association. 

Penang Must Explore Setting Up Gold Bazaar To Strengthen Financial Hub Aspiration -- Sim

BATU KAWAN, Sept 15 (Bernama) -- Penang should consider exploring the establishment of a gold bazaar and potentially a gold storage facility as part of efforts to develop the state into a regional gold hub, said Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong.

ABB Bank Completes 51 Pct Acquisition Of Uzbekistan’s Davr Bank

KUALA LUMPUR, Sept 15 (Bernama) -- ABB Financial Group has completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan, with the transaction registered on Sept 10 at the Tashkent Stock Exchange.

PITE 2026 Expands International Reach, Opens B2B Segment To Global Exhibitors

GEORGE TOWN, Sept 15 (Bernama) -- The Penang International Travel Exchange (PITE) 2026 will expand its international reach by opening its business-to-business (B2B) segment to international exhibitors for the first time, creating new opportunities for tourism players to forge partnerships and tap into wider markets.

Butterfield FB Opens Five Sen Below IPO Price On ACE Market Debut

KUALA LUMPUR, Sept 15 (Bernama) -- Butterfield FB Bhd opened five sen below its initial public offering (IPO) price on its debut on the ACE Market of Bursa Malaysia today.

Corgan Adds Ben Dawson To Singapore Office, Expanding APAC Aviation Practice

KUALA LUMPUR, Sept 15 (Bernama) -- Global architecture and design firm, Corgan has appointed Ben Dawson as Aviation & Transportation Studio Leader in its Singapore office, expanding aviation practice in Asia-Pacific (APAC).

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

Malaysia Explores UAE Business Interests Including Halal Logistics, Employment

From Ratcharathan A/L Rawe Shanggar

KERALAM (INDIA), Sept 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held discussions with business leaders from the UAE-India Business Council, UAE Chapter (UIBC-UC) to explore opportunities for cooperation in investment, logistics, employment, and various other business sectors.

Anwar’s Kishore Kumar Rendition Makes Waves In India As BRICS Visit Boosts Diplomatic, Investment Ties

From M.Saraswathi and R.Ratcharathan

NEW DELHI, Sept 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s rendition of Kishore Kumar’s classic “Khwab Ho Tum Ya Koi Haqeeqat” may have struck a chord with Indians, going viral on social media, but his participation in the 18th BRICS Leaders’ Summit here was firmly focused on strengthening Malaysia’s diplomatic ties and advancing investment and economic engagements.

Anwar’s Kishore Kumar Rendition Makes Waves In India As BRICS Visit Boosts Diplomatic, Investment Ties

From M.Saraswathi and R.Ratcharathan

NEW DELHI, Sept 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s rendition of Kishore Kumar’s classic “Khwab Ho Tum Ya Koi Haqeeqat” may have struck a chord with Indians, going viral on social media, but his participation in the 18th BRICS Leaders’ Summit here was firmly focused on strengthening Malaysia’s diplomatic ties and advancing investment and economic engagements.