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KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia snapped a two-day winning streak to close lower on Thursday, in line with regional markets, as continued selling pressure in blue chip stocks weighed on market sentiment.
KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
KUALA LUMPUR, Oct 29 (Bernama) -- Property developer Parkland Bhd has received the Securities Commission Malaysia’s (SC) nod for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia Securities Bhd.
KUALA LUMPUR, Oct 29 (Bernama) -- An estimated 41,334 smallholder oil palm farmers covering 105,172.67 hectares have been identified as being under the Oil Palm Smallholder Replanting Financing Incentive Scheme 2.0 (TSPKS 2.0), according to the Ministry of Plantation and Commodities (KPK).
KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).
SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.
KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records.
By Zaphne Philip
KUCHING, Oct 29 (Bernama) -- The reopening of the Tebedu-Entikong trade route could significantly stimulate economic activity, boost cross-border trade, and attract investment between Sarawak and West Kalimantan, the Sarawak Business Federation (SBF) said.
From Harizah Hanim Mohamed
SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud is committed to investing in Malaysia over the next three years, building on its existing cloud region infrastructure, said Nucky Fang, general manager of Tencent Cloud International and Tencent Cloud Malaysia.
KUALA LUMPUR, Oct 29 (Bernama) -- Maxis Bhd shares rose in early trade following reports of renewed plans for a potential merger with U Mobile Sdn Bhd.
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher for the third consecutive day on Thursday, tracking overnight gains on Wall Street after the United States Federal Reserve (Fed) kept interest rates unchanged at 3.75 per cent to 4.00 per cent.
