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PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Ringgit Opens Higher Against US Dollar Amid Rate-hike Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.

Oil Price Seen At US$95-US$110 On Sustained Hormuz Impairment, Refinery Outage And Inventory Draws

By Nor Baizura Basri

KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.

MATRADE Leadership Drives Export Acceleration, Strengthens Trade Resilience

KUALA LUMPUR, Sept 8 (Bernama) -- The executive leadership of the Malaysia External Trade Development Corporation (MATRADE) remains committed to driving export acceleration and strengthening the resilience of Malaysia’s international trade sector via market-driven strategies and proactive trade facilitation.

ABB Group's Machine Automation Division Eyes Penang As Southeast Asia Operations Hub

GEORGE TOWN, Sept 8 (Bernama) -- Swiss-based ABB Group’s Machine Automation division (B&R) is looking to strengthen its presence in Penang and expand the state’s role within its Southeast Asian operations.

Malaysia Airlines Gradually Resumes Jakarta Services, Five Flights Remain Cancelled

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia Airlines is gradually resuming services to and from Jakarta, following the restart of operations at Soekarno-Hatta International Airport (CGK).

EdgeConneX Joins Singapore Sustainable Data Centre Testbed

KUALA LUMPUR, Sept 8 (Bernama) -- EdgeConneX, a global provider of Build-to-Suit and Build-to-Density infrastructure solutions, has joined the Sustainable Tropical Data Centre Testbed Phase 2.0 (STDCT 2.0) Consortium as a top-tier anchor partner, strengthening its involvement in sustainable and efficient data centre innovation in Singapore.

East Coast Poised To Become Food Security Hub, Green Economy Leader - MIDA

KUANTAN, Sept 8 (Bernama) -- Malaysia’s East Coast region has strong potential to become a key hub for national food security and a leading centre for the green economy through greater investment in renewable energy. 

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

Capcom’s Onimusha: Way of the Sword Drives Series Past 10 Mln Sales 

KUALA LUMPUR, Sept 8 (Bernama) -- Capcom Co Ltd announced that worldwide sales of Onimusha: Way of the Sword surpassed one million units on its first day of release, pushing cumulative sales of the Onimusha series past 10 million units.

Govt Boosts Rubber Glove Industry With Improved Regulations, Enhances Traceability

KUALA LUMPUR, Sept 8 (Bernama) -- The government is strengthening regulations governing rubber glove manufacturing and exports to address industry overcapacity while enhancing the traceability of Malaysian-made gloves.

Maxis Deploys Nokia Optical Technology To Boost AI, Enterprise Connectivity

KUALA LUMPUR, Sept 7 (Bernama) -- Maxis Bhd has deployed Nokia’s optical transport technology to enhance its nationwide and cross-border network infrastructure amid surging demand for artificial intelligence (AI) and enterprise connectivity.