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MATRADE Expects Malaysia's Trade Surplus To Grow By 20 Pct This Year

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.

Atos Names Judith Stewart To Lead Asia Pacific Healthcare, Life Sciences

KUALA LUMPUR, Nov 2 (Bernama) -- Atos, an artificial intelligence (AI)-powered digital transformation company, has appointed Judith Stewart as Head of Healthcare & Life Sciences for Asia Pacific, as it seeks to grow the business and help healthcare organisations use AI, sovereign technologies and cybersecurity.

Chinese Businesses Delegation Indicates US$15 Bln Investments In Malaysia -- Ahmad Zahid

KUALA LUMPUR, Nov 2 (Bernama) -- A Chinese business delegation has indicated intentions to invest US$15 billion (US$1 = RM4.06) in Malaysia, across six high-potential sectors including electrical and electronics (E&E), semiconductors, and the halal industry, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

EPMB Starts Production Of Two New GWM Hybrid Models In Melaka

ALOR GAJAH, Nov 2 (Bernama) -- EP Manufacturing Bhd (EPMB) is expanding its vehicle assembly operations in Pegoh, Melaka, with the roll-out of two new Great Wall Motor (GWM) models, namely the Wey G9 HEV multi-purpose vehicle and EC15S hybrid sport utility vehicle (SUV).

WM Senibong Secures AA-IS Rating From Marc Ratings

JOHOR BAHRU, Nov 2 (Bernama) -- WM Senibong Berhad (WM Senibong) announced that its wholly owned subsidiary, WM Senibong Capital Bhd, had its AA-IS rating with a stable outlook affirmed by MARC Ratings Berhad for its Islamic medium-term notes under the Sukuk Wakalah programme of up to RM1 billion.

Banks Urged To Explore IP-Backed Financing For Businesses

PETALING JAYA, Nov 2 (Bernama) -- Banking institutions are urged to tap intellectual property (IP)-backed financing to broaden funding opportunities for businesses, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Bursa Malaysia's Key Index Ends Morning Session Higher

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended the morning session higher, supported by bargain hunting in selected blue-chip stocks amid cautious regional sentiment.

Equinix Appoints Effendi Azmi As Managing Director For Malaysia 

KUALA LUMPUR, Nov 2 (Bernama) -- The world’s digital infrastructure company, Equinix Inc, has appointed Effendi Azmi Hashim as managing director for Malaysia, effective immediately. 

Developing Skilled Energy Talent Key To Malaysia’s Power Generation Future

KUALA LUMPUR, Nov 2 Bernama) -- The fourth annual Gas Turbine Power Generation Conference, to be hosted by Edra Power Holdings Sdn Bhd (Edra) on November 4, is set to play a pivotal role in highlighting the importance of developing skilled energy talent to support Malaysia’s expanding power generation sector.

Ringgit Opens Higher On Expectations Of OPR Normalisation

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.

Mother’s Determination Turns Home-based Soursop Venture Into Growing Business

KUALA LUMPUR, Nov 1 (Bernama) -- When her child was diagnosed with eye cancer, Zai Suhana Mohd Tap, 44, faced the difficult decision of leaving her job to become a full-time caregiver while finding another way to support her family.

CIMB Islamic, PSDC Offer Technical Skills Training To Underprivileged Youth

GEORGE TOWN, Oct 31 (Bernama) -- CIMB Islamic Bank Bhd, in collaboration with the Penang Skills Development Centre (PSDC), has introduced a technical skills training programme to help underprivileged youth secure employment in Malaysia's electrical and electronics (E&E) and manufacturing sectors.