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MIDA Connects 25 Local Firms With TNB Companies For RE Opportunities

KUALA LUMPUR, Oct 14 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has connected 25 Malaysian manufacturing and services companies with TNB Power Generation Sdn Bhd (TNB GENCO) and TNB Renewables Sdn Bhd to explore renewable energy (RE) supply-chain opportunities.

SFD Inaugurates Kosovo’s Upgraded Pristina–Mitrovica Highway Section

KUALA LUMPUR, Oct 14 (Bernama) -- The Saudi Fund for Development (SFD) and the Government of Kosovo have inaugurated an upgraded section of the Pristina–Mitrovica Highway, the fund’s first completed project in Kosovo.

Budget 2027: Local Semiconductor Firms Must Move Up Value Chain -- Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.

Battersea Power Station Secures £280 Mln Refinancing Loan

KUALA LUMPUR, Oct 14 (Bernama) -- Battersea Power Station Development Company has secured a £280 million (£1=RM5.41) refinancing facility to support the continued development of the remaining 6.47 hectares (16-acre) of the 17-ha (42-acre) riverside neighbourhood, providing a strong financial foundation for the project’s next phase of delivery.

Singapore Central Bank Maintains Monetary Policy, Keeps S$NEER Policy Band Unchanged

SINGAPORE, Oct 14 (Bernama) -- The Monetary Authority of Singapore (MAS) has maintained its monetary policy stance, keeping the Singapore dollar nominal effective exchange rate (S$NEER) policy band unchanged following two consecutive hikes.

Ageing Population To Drive Malaysia's Pharmaceutical Demand -- MBSB IB

KUALA LUMPUR, Oct 14 (Bernama) -- The demographic shift is expected to drive higher pharmaceutical demand as Malaysia is projected to become an ageing nation by 2036, driven by higher life expectancy and a declining birth rate, according to MBSB Investment Bank Bhd (MBSB IB). 

Critical Holdings Slips 4.61 Pct Despite RM74.1 Mln Contract Boost

KUALA LUMPUR, Oct 14 (Bernama) -- Critical Holdings Bhd’s shares fell 4.61 per cent in early trading on Wednesday, despite securing an additional RM74.1 million in contract value for cleanroom-related works at Kulim Hi-Tech Park, Kedah.

OGSE Industry Must Scale Up And Innovate To Boost Competitiveness -- Petronas

KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s oil and gas services and equipment (OGSE) industry is well-positioned for its next phase of growth and must continue building scale, accelerating innovation and developing differentiated capabilities to compete more effectively on the regional and global stage, according to Petroliam Nasional Bhd (Petronas).

EcoSys Debuts Strongly On ACE Market At 43 Sen Above IPO Price

KUALA LUMPUR, Oct 14 (Bernama) -- EcoSys (Malaysia) Bhd made a strong debut on the ACE Market of Bursa Malaysia today, opening at 70 sen, up 159 per cent or 43 sen above its initial public offering (IPO) price of 27 sen per share.

Ringgit Opens Marginally Higher Against US Dollar On Weaker DXY

By Muhammad Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.

Budget 2027: Six States Allocated RM21.26 Bln In Development Expenditure – Akmal Nasrullah

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 13 (Bernama) -- The government has allocated RM21.26 billion in development expenditure to six underdeveloped states under Budget 2027, with the distribution taking into account the different needs of each state, said Economy Minister Akmal Nasrullah Mohd Nasir.

Jati Tinggi Says Business Operations Remain On Track, No Material Change

KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.