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KL Rubber Market Closes Mixed Amid Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, as firmer regional rubber futures supported sentiment, while subdued demand from China’s tyre manufacturing sector capped further upside, a dealer said.

Fusion Energy Start-Up Hephaestus Emerges With US$17.2 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- London-based fusion energy start-up Hephaestus has emerged from stealth, having raised US$17.2 million to date, with its latest funding round led by CiRi Ventures. (US$1 = RM4.07)

Malaysia’s States Offer Diverse Investment Opportunities For Singapore Businesses – High Commissioner

By Anas Abu Hassan

SINGAPORE, Oct 22 (Bernama) -- Malaysia continues to offer distinct advantages across different states in attracting Singaporean investors as it strengthens its position in global supply chains, said Malaysia’s High Commissioner to Singapore, Datin Paduka Anizan Siti Hajjar Adnin.

KUSKOP Tightens Oversight Of Foreign e-Commerce Platforms To Protect Local MSMEs

KUALA LUMPUR, Oct 21 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) is coordinating efforts to ensure fair competition by strengthening oversight of foreign e-commerce platforms and enhancing the competitiveness of micro, small and medium enterprises (MSMEs).

Interactive Brokers Enables AI Trade On Clients’ Behalf

KUALA LUMPUR, Oct 22 (Bernama) -- Interactive Brokers has launched a new capability that allows eligible clients authorise connected artificial intelligence (AI) platforms to trade on their behalf across more than 75,000 listed stocks, options and exchange-traded funds (ETFs) worldwide, without approving each order individually.

Pantheon Closes Secondaries Fund At US$6 Bln, Beating Target

KUALA LUMPUR, Oct 22 (Bernama) -- Pantheon, a global private markets investor, has closed its latest flagship private equity secondaries fund at US$6 billion, well above its US$3.5 billion target. (US$1 = RM4.07)

Orgabio’s Two Additional Production Lines Operating At 70 Pct Utilisation

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Orgabio Holdings Bhd’s two additional production lines are operating at about 70 per cent utilisation rate, and this has strengthened its manufacturing capabilities to accommodate customers’ beverage premix requirements.

Malaysia Expands Energy Partnership With Turkmenistan, Eyes Higher-value Services - Akmal Nasrullah

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia is strengthening its energy partnership with Turkmenistan to unlock new commercial opportunities for companies, particularly in higher-value oil and gas services, technology and specialised engineering, said Economy Minister Akmal Nasrullah Mohd Nasir.

Govt Finalising Natural Gas Roadmap To Strengthen Energy Security -- Akmal Nasrullah

KUALA LUMPUR, Oct 22 (Bernama) -- The government is finalising the Natural Gas Roadmap (NGR) to guide the coordinated development of Malaysia’s gas sector in line with national policies and the 13th Malaysia Plan, said Economy Minister Akmal Nasrullah Mohd Nasir. 

CPO Prices To Stay Above RM4,600 Per Tonne In November -- MPOC

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in November, supported by seasonal production declines and sustained biodiesel consumption, said the Malaysian Palm Oil Council (MPOC).

Bursa Malaysia Mixed At Midday

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia ended the morning trading session mixed amid cautious market sentiment.

NAEZ: A Strategic Plan To Support National Food Security Agenda

By Nurrul Huda Ahmad Lutfi

KANGAR, Oct 22 (Bernama) -- The development of the NCER Agribio Economic Zone (NAEZ) in Chuping, near Padang Besar, is a strategic long-term investment that will support Malaysia’s food security agenda.