Oriental Interest Terminates Proposed Acqusition Of Chin Hin Jitra And CHJ Motor

KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Oriental Interest Bhd will not proceed with the proposed RM280 million acquisition of the entire equity interest in Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd.

PHB Acquires RM300 Mln Logistics Complex In Penang From Titijaya

KUALA LUMPUR, Oct 28 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has acquired a logistics real estate asset in Bayan Lepas Waterfront, Penang, from Titijaya Land Bhd for approximately RM300 million.

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.

Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts

By Sakini Mohd Said

KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

Nuclear Power Could Strengthen Malaysia’s Low-carbon, Reliable Energy Mix

SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.

Electricity Bill Protection Expansion Will Not Affect TNB's Dividend Payout -- Fadillah

KUALA LUMPUR, Oct 27 (Bernama) -- The initiative to expand electricity bill protection threshold for domestic customers until December 2026 will not affect Tenaga Nasional Bhd’s (TNB) ability to fulfil its dividend payment commitment to shareholders.

Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales. 

Matrix Concepts To Acquire 175 Ha Of Land In Kulai For RM169 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- Matrix Concepts Holdings Bhd's unit, Matrix Concepts (Southern) Sdn Bhd, has signed separate sale and purchase agreements (SPAs) to acquire 57 parcels of land spanning about 174.77 hectares in Kulai, Johor, for RM169.31 million in cash.

EPF Must Help More Malaysians Achieve Retirement Adequacy -- Amir Hamzah

KUALA LUMPUR, Oct 27 (Bernama) -- The Employees Provident Fund (EPF) must help more Malaysians achieve retirement adequacy by adapting to changing employment patterns while continuing to deliver sustainable returns, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

GEAR-uP Implementation On Schedule, Investments Expected To Rise End-2026 -- PM Anwar

KUALA LUMPUR, Oct 27 (Bernama) -- The implementation of the GEAR-uP programme remains on schedule, with investments expected to rise towards the end of this year and end-2027, Prime Minister Datuk Seri Anwar Ibrahim said today.