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Only 13 Pct Of ICE Vehicles Have Flood Coverage Versus 50 Pct Of EVs

KUALA LUMPUR, Nov 6 (Bernama) -- Only 13 per cent of internal combustion engine (ICE) vehicles have flood insurance coverage compared with 50 per cent of electric vehicles (EVs), according to Insurance Services Malaysia (ISM) data from 2022 to the second quarter of 2026.

Seremban Engineering Bags RMB30 Mln Cross-border Supply Chain Contract

KUALA LUMPUR, Nov 6 (Bernama) -- Seremban Engineering Bhd’s wholly owned subsidiary, MIE Material Resources Sdn Bhd (MMR), has secured a cross-border supply chain services contract worth RM18.21 million from EPG Engineering System Sdn Bhd (EPGES).

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

Qianhai Taps APEC Summit To Deepen Shenzhen-Hong Kong Ties

KUALA LUMPUR, Nov 6 (Bernama) -- Qianhai, a Shenzhen-Hong Kong cooperation zone in southern China, is using the 33rd APEC Economic Leaders’ Meeting in Shenzhen this month to deepen trade links and regulatory cooperation with Hong Kong and Asia-Pacific economies.

Abu Dhabi’s TII, Naval Group Partner On Underwater Drones

KUALA LUMPUR, Nov 6 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII) has signed an agreement with French naval defence company, Naval Group to explore jointly developing and commercialising uncrewed underwater vehicles (UUVs).

MHB Completes RM350 Mln Sukuk Murabahah Issuance

KUALA LUMPUR, Nov 6 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has completed the issuance of sukuk murabahah with an aggregate nominal value of RM350 million under its sukuk murabahah programme of up to RM1.0 billion.

BNM’s International Reserves Increase To US$132.6 Bln As At Oct 30

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose to US$132.6 billion as at Oct 30, 2026, from US$132.1 billion as at Oct 15, 2026.

Malaysia's Services Producer Price Index Up 3.6 Pct In 3Q 2026

KUALA LUMPUR, Nov 6 (Bernama) -- Malaysia’s services producer price index (SPPI) increased by 3.6 per cent in the third quarter of 2026 (3Q 2026), up from 2.9 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

Public Bank 3Q Net Profit Falls 3.8 Pct To RM1.77 Bln

KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.

Maxis’ Net Profit For 3Q 2026 Rises To RM447 Mln From RM412 Mln Posted In The Same Quarter A Year Ago

KUALA LUMPUR, Nov 6 (Bernama) -- Maxis Bhd’s net profit for the third quarter ended Sept 30, 2026 rose to RM447 million from RM412 million registered in the same quarter a year ago.

Rubio, Anwar Discuss Expanding Economic Cooperation Under US-Malaysia CSP

KUALA LUMPUR, Nov 6 (Bernama) -- United States (US) Secretary of State Marco Rubio and Prime Minister Datuk Seri Anwar Ibrahim have discussed ways to expand economic cooperation under the upgraded Malaysia-US Comprehensive Strategic Partnership (CSP).

More Than A Smartphone Brand: Xiaomi's Next Chapter In Malaysia

By K. Naveen Prabu

KUALA LUMPUR, Nov 6 (Bernama) -- Xiaomi is expanding beyond the smartphone market as it strengthens its position as a global technology company, with Malaysia playing an important role in its regional growth strategy.