Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

19 Projects Worth RM279.1 Mln Approved In Segamat -- MITI

KUALA LUMPUR, Oct 15 (Bernama) – Nineteen projects with an investment value of RM279.1 million have been approved in Segamat district, Johor, involving Buluh Kasap, Chaah, Jementah, Segamat Town and Labis.

Malaysia Steps Up Efforts To Achieve US$30 Billion Trade Target With Thailand

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

Selangor Must Strengthen Local Talent To Maintain Foreign Investor Appeal -- Amirudin

KUALA LUMPUR, Oct 15 (Bernama) -- Selangor must intensify skill development for the local workforce and enhance their value-add to ensure foreign investors remain in the state, and not simply view it as a gateway to invest elsewhere.

Malaysia’s Nuclear Energy Development May Benefit From 123 Agreement With US – Raja Abdul Aziz

KUALA LUMPUR, Oct 15 (Bernama) -- The 123 Agreement currently being negotiated between Putrajaya and Washington is expected to pave the way for Malaysia to access nuclear technology expertise, develop local talent and strengthen its capabilities in nuclear energy development, said Atomic Energy Advisory Council of Malaysia chairman Raja Datuk Dr Abdul Aziz Raja Adnan.

e-Commerce Bill Crucial For Healthy Digital Economy, Fair Competition -- MRCA

KUALA LUMPUR, Oct 15 (Bernama) -- The E-Commerce Bill is a crucial step toward fostering a healthy digital economy, protecting consumer interests, and upholding fair market competition, said the Malaysia Retail Chain Association (MRCA).

Malaysia To Strengthen Standards, Accreditation To Boost Economic Competitiveness

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia is strengthening standards and accreditation as strategic drivers of economic competitiveness, industry confidence and global market access, according to the Department of Standards Malaysia (JSM).

WAWASANITA Targets RM15 Mln In Bilateral Trade With 15 Countries

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 15 (Bernama) -- Persatuan Usahawan Wawasan Wanita Malaysia (WAWASANITA) has targeted RM15 million in bilateral trade with 15 countries within six months as it moves to translate diplomatic engagement into cross-border business opportunities for its members.

Global Reliance On Imported Energy To Peak By 2034

KUALA LUMPUR, Oct 15 (Bernama) -- Global reliance on imported energy is projected to peak by 2034 as energy security concerns accelerate the shift towards electrification, amid growing disruption to global fuel supplies, according to Rystad Energy. 

Budget 2027: Etiqa Sees Healthcare Collaboration As Key To Containing Medical Costs

KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 encourages greater collaboration among healthcare stakeholders, including insurance and takaful providers, to improve healthcare affordability and contain rising medical costs, said Etiqa Insurance and Takaful.

Data Centre Investors To Bear Cost Of Electricity Transmission Upgrades - Johari

KUALA LUMPUR, Oct 15 (Bernama) -- Data centre investors will be required to bear the cost of upgrading electricity transmission lines to meet their power requirements, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.