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Captive Insurance Sees Rising Recognition As Strategic Risk-financing Solution

KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).

Mondelez International Unveils RM90 Mln investment In Crumb Tower, Deepening Commitment To Malaysia

KUALA LUMPUR, Sept 11 (Bernama) -- Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.

Bursa Malaysia Ends Week Sharply Lower Amid Regional Selloff

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.

Univar Solutions, LANXESS Enter Distribution Agreement In Mexico

KUALA LUMPUR, Sept 11 (Bernama) -- Univar Solutions México, a subsidiary of Univar Solutions LLC (Univar Solutions), has entered into a distribution agreement with speciality chemicals company LANXESS to distribute its lubricant and metalworking fluid additives in Mexico.

Maybank Completes Acquisition Of Remaining Interest In Maybank Ageas

KUALA LUMPUR, Sept 11 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the proposed acquisition of the remaining 30.95 per cent interest in Maybank Ageas Holdings Bhd after signing a share purchase agreement with Ageas Insurance International NV (Ageas) on Sept 8, 2026.

Malaysia’s Wholesale, Retail Trade Sales Rise To RM170.5 Bln In July 2026

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia’s wholesale and retail trade recorded sales of RM170.5 billion in July 2026, a nine per cent increase year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM).

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Anwar To Hold High-Level Meetings With Modi, Putin During BRICS Summit Working Visit In India

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is set to engage in high-level bilateral meetings with Indian Prime Minister Narendra Modi and Russian President Vladimir Putin during his working visit to the Indian capital for the 18th BRICS Summit this weekend.

VVMF Secures TGA GMP Licence For Sydney Facility

KUALA LUMPUR, Sept 10 (Bernama) -- Viral Vector Manufacturing Facility Pty Ltd (VVMF), Australia’s first viral vector contract development and manufacturing organisation (CDMO), has secured a licence to manufacture therapeutic goods (GMP licence) from the Therapeutic Goods Administration (TGA) for its Sydney facility.

Mastercard Launches Wallet Pay To Expand Digital Payments Worldwide 

KUALA LUMPUR, Sept 10 (Bernama) -- Mastercard has launched Wallet Pay, a global portfolio of solutions designed to expand interoperability and innovation for digital wallets across contactless, QR code and online payments.

Bursa Malaysia Ends Lower As Widening West Asia Conflict Weighs On Sentiment

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.

SASE OpsLab Appoints Franck Burtin As CRO To Drive Global Growth

KUALA LUMPUR, Sept 10 (Bernama) -- SASE OpsLab Ltd, the software-driven Secure Access Service Edge (SASE) automation and orchestration platform company, has appointed Franck Burtin as Chief Revenue Officer (CRO) to drive global SASE automation expansion.