7d ago
GEORGE TOWN, Oct 8 (Bernama) -- Penang attracted RM18.2 billion in foreign direct investment from the United States (US) in the manufacturing sector between 2020 and the first half of 2026, accounting for 38 per cent of total US investment in Malaysia’s manufacturing sector.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Helical Fusion Co Ltd, a fusion energy company, has announced the completion of a 3.23 billion Japanese yen (approximately US$20.6 million) Series B second close (US$1 = RM4.08).
7d ago
KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.
7d ago
ISKANDAR PUTERI, Oct 8 (Bernama) -- Malaysia’s ports must accelerate decarbonisation efforts to meet the International Maritime Organization’s (IMO) requirement to achieve net-zero emissions by 2050, said Transport Minister Anthony Loke Siew Fook.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.
7d ago
ISKANDAR PUTERI Oct 8 (Bernama) -- The deployment of 52 electric prime movers (e-PMs) at the Port of Tanjung Pelepas (PTP) is set to enhance operational efficiency while accelerating the port’s transition towards greener terminal operations, Transport Minister Anthony Loke said.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Global credit rating agency, AM Best has affirmed Singapore’s MS First Capital Insurance Limited (MSFC) financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior).
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- More funding and resources for small and medium enterprises (SMEs) as well as lower costs of doing business are among the key priorities of the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) for Budget 2027, said its minister Steven Sim Chee Keong.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed in negative territory at midday, mirroring losses across regional markets amid persistent selling pressure and higher oil prices.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s construction industry is expected to benefit from greater infrastructure development over the next three years, particularly through highway projects and public-private partnership (PPP) initiatives, said Lim Seong Hai Capital Bhd (LSH Capital).
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia's stock market remains stable for now, supported by transparent government policies and a conducive environment that encourages foreign fund inflows, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed lower at mid-morning weighed down by persistent selling in selected heavyweights led by the financial services and construction sectors.