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Economic

Heitech Padu Bags RM133.73 Mln Contract From RTD

KUALA LUMPUR, Sept 13 (Bernama) -- HeiTech Padu Bhd has clinched a RM133.73 million contract from the Road Transport Department Malaysia (RTD) to build, supply, deliver, install, configure, integrate, test and commission its hardware, software and digital systems.

Fruitful Outcomes At 24th China International Fair For Investment & Trade

KUALA LUMPUR, Sept 13 (Bernama) -- The 24th China International Fair for Investment & Trade (CIFIT), staged successfully in Xiamen, Fujian Province, saw 688 cooperation agreements signed with a total planned investment of 488.92 billion Chinese yuan. (100 Chinese yuan = RM60.67)

OTC Markets Group To Connect East And West With OTC Overnight 

KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.

Investing In Haicang, Xiamen: A Foreign Enterprise Growth

KUALA LUMPUR, Sept 13 (Bernama) -- Foreign company Lifetime (Xiamen) Plastic Products Co Ltd (Lifetime), recently announced it will increase its annual capacity by 6.5 million pieces of multifunctional leisure products made with high-tech materials in Haicang District, Xiamen.

Bursa Malaysia Suspends Short-selling Of APB Resources Shares

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) for APB Resources Bhd (5568) for the rest of the day as the last done price of the approved securities dropped more than 15 per cent or 15 Sen.

Unmasking Future Beauty Trends - NIQ

KUALA LUMPUR, Sept 13 (Bernama) -- NielsenIQ (NIQ) in its recent Global Beauty Innovation Report revealed that Personal Care Brands embracing innovation in 2023 are 2.5 times more likely to see overall sales growth, compared to those with stagnant or declining innovation sales.

Kura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka Expo

KUALA LUMPUR, Sept 13 (Bernama) -- Kura Sushi Inc, one of the world’s most popular revolving sushi chains, announced it will open a revolving sushi restaurant with 338 seats, the largest number of seats in the world for a company outlet, at the Osaka-Kansai Expo, Yumeshima, Osaka, on April 13, 2025.

Proton's Maiden EV Undergoes Extensive On-Road Testing

KUALA LUMPUR, Sept 13 (Bernama) -- Proton New Energy Technology Sdn Bhd (PRO-NET) has launched an extensive local testing phase for the national car maker’s maiden electric vehicle (EV), the Proton e.MAS 7.

MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence

KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence. 

Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness

KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.

 

No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul

KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.

China EV Companies In Negotiations To Invest In Perlis

KANGAR, Sept 13 (Bernama) -- Several companies from China are in negotiations with the authorities on investments in Perlis, especially in the Chuping area near Padang Besar.