Bursa Malaysia Ends Morning Session Lower Amid Ongoing West Asia Tensions

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia ended the morning session lower today, weighed down by escalating geopolitical tensions in West Asia.

EXIM Bank Strengthens Malaysian Businesses' Capacity Through RM1 Bln Strategic Initiatives Under Budget 2027

KUALA LUMPUR, Oct 26 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) will strengthen Malaysian businesses’ capacity to compete internationally and adopt sustainable practices through over RM1 billion in strategic initiatives mandated by the government under Budget 2027.

KPK Boosts Specialised Oleochemicals Sector, Palm-based Health Products To Reduce Reliance On CPO Exports

KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is strengthening the specialised oleochemical sector as well as the development of palm-based nutraceutical and pharmaceutical products, to reduce reliance on the export of crude palm oil (CPO).

NGC Energy Eyes Growth Through Stronger Shareholder Partnership, Infrastructure Opportunities

KUALA LUMPUR, Oct 26 (Bernama) -- Liquefied petroleum gas (LPG) solutions provider, NGC Energy Sdn Bhd aims to venture abroad while strengthening its presence in the domestic market, supported by its evolving shareholder structure and potential infrastructure opportunities.

Malaysia Well Positioned To Play Key Role As Regional Data Centre Hub - Moody's Ratings

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia is well positioned to play a key role as a regional data centre hub if it can maintain its competitive advantage, Moody’s Ratings said.

Maxis Shares Up At Early Trade Following RM83 Mln Broadband Business Asset Acquisition

KUALA LUMPUR, Oct 26 (Bernama) -- Maxis Bhd’s shares rose at early trade today following the group’s proposed acquisition of  Astro Malaysia Holdings Bhd’s wholly owned subsidiary MEASAT Broadcast Network Systems Sdn Bhd’s (MBNS) broadband business assets for RM83 million.

Bursa Malaysia Opens Slightly Higher But Falls Thereafter

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but fell thereafter as market sentiment was weighed down by the weaker overnight performance on Wall Street. 

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade on Monday amid cautious sentiment ahead of the US Federal Reserve’s Federal Open Market Committee (FOMC) meeting on Oct 27-28. 

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Malaysia Needs Adequate Power, Grid Capacity To Attract Data Centres - JERA

SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.

Johor Eyes Additional 5 GW Of Solar Energy By 2031 To Meet Data Centre Demand

ISKANDAR PUTERI, Oct 25 (Bernama) -- The Johor government is targeting the generation of about 5 gigawatts (GW) of solar energy over the next four to five years as a long-term solution to meet the surge in electricity demand driven by the rapid growth of the state’s data centre sector.

Japan’s Sugiyo Eyes Bigger Halal Market Share In Malaysia

By Christine Lim

KUALA LUMPUR, Oct 25 (Bernama) -- Leading Japanese processed seafood producer, Sugiyo, is eyeing a bigger slice of the global halal market by expanding its presence in Malaysia.