RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

Malaysia’s Premium Crude Shields Economy From Oil Price Swings - RHB IB

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysian crude grades continued to command significantly higher premiums over Dated Brent, a benchmark for physical crude oil prices, indicating that the country was able to partially cushion the impact of lower outright oil prices on revenues.

Ringgit Firmer Against US Dollar Ahead Of US CPI Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.

VVMF Secures TGA GMP Licence For Sydney Facility

KUALA LUMPUR, Sept 10 (Bernama) -- Viral Vector Manufacturing Facility Pty Ltd (VVMF), Australia’s first viral vector contract development and manufacturing organisation (CDMO), has secured a licence to manufacture therapeutic goods (GMP licence) from the Therapeutic Goods Administration (TGA) for its Sydney facility.

Rubber Market Ends Mixed

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 10 (Bernama) -- The rubber market ended mixed today, tracking regional rubber futures and domestic natural rubber production, a dealer said.

Chinese Exports To Latin America Reach Nearly US$300 Bln - Euromonitor International

KUALA LUMPUR, Sept 10 (Bernama) -- Chinese brands are rapidly deepening their footprint in Latin America’s consumer market, with exports from China to the region reaching nearly US$300 billion in 2025, a seven per cent year-on-year increase, according to market intelligence company Euromonitor International. (US$1 = RM4.06)

SASE OpsLab Appoints Franck Burtin As CRO To Drive Global Growth

KUALA LUMPUR, Sept 10 (Bernama) -- SASE OpsLab Ltd, the software-driven Secure Access Service Edge (SASE) automation and orchestration platform company, has appointed Franck Burtin as Chief Revenue Officer (CRO) to drive global SASE automation expansion.

Alderbuck Energy Appoints Sunil Chhaya As VP Of Market Development & Applications Engineering

KUALA LUMPUR, Sept 10 (Bernama) -- Alderbuck Energy, a San Diego-based power infrastructure company, has announced the appointment of Sunil Chhaya as Vice President (VP) of Market Development & Applications Engineering.

AM Best: Regulatory Initiatives, Economic Expansion Drive Malaysia’s Non-Life Growth

KUALA LUMPUR, Sept 10 (Bernama) -- AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives and economic expansion, which are driving robust premium growth and increasing insurance penetration.

EIG Closes Senior Infrastructure Debt Fund VI At US$1.9 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)

New Delhi Tightens Security, Traffic Protocols For BRICS Leaders

From M.Saraswathi

NEW DELHI, Sept 10 (Bernama) -- With key global leaders set to converge here for the 18th BRICS Summit this weekend, the Indian capital is beefing up security and tightening movement protocols, including traffic diversions along key routes to ensure seamless movement of leaders and officials.

DHCG Opens Shanghai Office To Expand China Biopharma Services 

KUALA LUMPUR, Sept 10 (Bernama) -- Dark Horse Consulting Group (DHCG), a life sciences consulting firm, has opened an office in Shanghai to expand its advisory services to biotherapeutic developers in China.