SLGC IPO Oversubscribed 3.1 Times Ahead Of ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- SLGC Bhd’s initial public offering (IPO) has been oversubscribed by 3.1 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities.

Bursa Malaysia Ends Lower On Rising Oil Prices, Elevated Bond Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.

LB Group Expands Malaysia Footprint With RM1 Bln Facility In Kedah

KUALA LUMPUR, Sept 24 (Bernama) -- China-based titanium dioxide and inorganic chemical materials manufacturer, LB Group Co Ltd, has expanded its footprint in Malaysia with the launch of a new facility at the Gurun Heavy Industrial Park (GHIP) in Kedah, representing a total investment of RM1 billion.

Malaysia Secures Over RM28 Bln Potential Investments From China Visit

From Harlina Samson

HANGZHOU, Sept 24 (Bernama) -- Malaysia has secured more than RM28 billion in potential investments following trade talks with major Chinese industry players, said Prime Minister Datuk Seri Anwar Ibrahim.

Yeahka Executive Highlights AI’s Role In Reshaping Payments

KUALA LUMPUR, Sept 24 (Bernama) -- Yeahka Ltd, through its international payment brand YeahPay, highlighted the growing role of artificial intelligence (AI) in reshaping payment platforms as consumer discovery, decision-making and transactions increasingly converge. 

AI Boom Places Malaysia Among Six APAC Economies Surpassing China - Moody’s Analytics

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia is among six major Asia-Pacific (APAC) economies expected to record faster real gross domestic product (GDP) growth than China in 2026, supported by its integration into the artificial intelligence (AI) supply chain, according to Moody’s Analytics.

Malaysia's 2026 GDP Growth Could Hit 5.7 Pct On Stronger Manufacturing, Investments -- Economists

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s economy could expand by an average 5.7 per cent in 2026, exceeding official forecasts, driven by stronger manufacturing, construction and investments, said two economists.

Financing For Priority Sectors Still Modest Despite Policy Ambitions -- BNM Governor

KUALA LUMPUR, Sept 24 (Bernama) -- Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Samsung P/C China Credit Ratings Affirmed At Excellent - AM Best

KUALA LUMPUR, Sept 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China), with a stable outlook.

PM Anwar Reaffirms Relations Of Deep Trust With China, Praises President Xi's Leadership

From Harlina Samson

HANGZHOU, Sept 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today highlighted the deep-rooted trust and mutual confidence underpinning Malaysia's bilateral relationship with China, describing the partnership as one that transcends traditional diplomatic ties. 

Scaling Clean Power Depends On The Readiness Of The Wider Energy System To Support IT - TNB

KUALA LUMPUR, Sept 24 (Bernama) -- As demand from customers and industries continues to grow, cleaner generation must progress alongside a smarter and more efficient grid, Tenaga Nasional Bhd (TNB) Chief Strategy and Ventures Officer Ir Dr Mohd Fadzil Mohd Siam said.

Malaysia Will Remain Open To China's Investment In Technology - PM Anwar

From Harlina Samson

HANGZHOU, Sept 24 (Bernama) -- Malaysia will continue to be open to China’s investment in digital technology as well as cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.