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Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.

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.

Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.

Govt Studying Ways To Boost Smallholder Income, Ensure Agri-Commodity Drives Growth - PM Anwar

PUTRAJAYA, Sept 8 (Bernama) -- The government is studying ways to increase the income of smallholders and ensure the agri-commodity sector continues to drive the country’s economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

Local Companies Urged To Accelerate Automation -- Johari

KUALA LUMPUR, Sept 8 (Bernama) -- Local companies of all sizes need to accelerate automation in operations and production as the future supply of foreign workers is unlikely to match current levels, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

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.

Bursa Malaysia Opens Lower With Profit Taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day holiday.

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.