7d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 16 (Bernama) -- Trading on the Indonesia Stock Exchange (IDX) was temporarily halted for 30 minutes on Friday morning after the Jakarta Composite Index (IHSG) plunged eight per cent.
7d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s data centre market is projected to grow at a compound annual growth rate (CAGR) of 33 per cent from 2025 to 2030, according to S&P Global Ratings.
7d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.
7d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 16 (Bernama) -- Assistance for women entrepreneurs under Budget 2027 should support higher production capacity and wider market access to help their businesses expand locally and into ASEAN markets, according to a women’s entrepreneur association.
7d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.
7d ago
By Kenny Teng Khoon Hock
BANGKOK, Oct 15 (Bernama) -- Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7d ago
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.
7d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Selangor state-owned conglomerate, Worldwide Holdings Bhd is positioning itself to develop Malaysia’s first nuclear power plant, aiming to be ready to make a final investment decision (FID) by 2031.
7d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit closed higher against the weakening greenback on Thursday as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.
7d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to expand by 4.7 per cent in the third quarter of 2026, supported by domestic consumption, investment and manufacturing activity, according to TA Securities.
7d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 15 (Bernama) -- Persatuan Usahawan Wawasan Wanita Malaysia (WAWASANITA) has targeted RM15 million in bilateral trade with 15 countries within six months as it moves to translate diplomatic engagement into cross-border business opportunities for its members.
7d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Global reliance on imported energy is projected to peak by 2034 as energy security concerns accelerate the shift towards electrification, amid growing disruption to global fuel supplies, according to Rystad Energy.