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Economic

Ace-Market Debutant KHPT To Focus On Local Market Growth 

KUALA LUMPUR, Oct 8 (Bernama) -- ACE Market debutant KHPT Holdings Bhd (KHPT) is prioritising the local market, buoyed by an optimistic industry outlook and the anticipated introduction of several new car models.

OPR Likely To Be Unchanged; Ringgit Forecast At 4.25 vs USD Year-end - Kenanga

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).

Arthur D. Little Hires Franco Santucci To Lead New Team, Expanding Australian Office

KUALA LUMPUR, Oct 8 (Bernama) -- Arthur D. Little (ADL) has announced an expansion of its Australian office, with the appointment of Franco Santucci as Partner and Andrew Sampson as Principal.

ITMAX Shares Up After Securing Smart Parking Operation Contract

KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.

IBM Backs Malaysia’s Aspiration To Nurture New Generation Of Digital Professionals

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia recorded a demand for 42,835 digital jobs in the first quarter of 2024, highlighting the increasing importance of digital roles in industries such as banking and manufacturing.

Chinese High-tech Company ISVision Eyes Malaysian Market Entry - Dr Zaliha

PUTRAJAYA, Oct 8 (Bernama) -- Chinese high-tech company ISVision (Hangzhou) Technology Co. Ltd. has expressed interest in entering the Malaysian market, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.

ASEAN Must Remain Neutral To Boost Regional Investment - Tengku Zafrul

VIENTIANE, Oct 8 (Bernama) -- ASEAN must maintain its neutrality in the face of global geopolitical tensions to stimulate foreign investments in the region, said Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Aurora Mulia Disposes Of Entire Stake In Media Prima, Ceases To Be Substantial Shareholder

KUALA LUMPUR, Oct 7 (Bernama) -- Aurora Mulia Sdn Bhd, a company linked to tycoon Tan Sri Syed Mokhtar Albukhary, has disposed of 353.81 million shares in Media Prima Bhd, ceasing to be a substantial shareholder in the company.

Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO

KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.

Malaysia Will Voice Its Views Without Fear Or Favour Despite Superpower Membership In BRICS

By Siti Radziah Hamzah and Anas Abu Hassan

KUALA LUMPUR, Oct 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim says Malaysia will continue to voice its views on global issues strongly and without fear or favour if and when it joins the BRICS group of emerging economies whose founding members include Russia and China.

ECERDC Exceeds 2024 Investment Target With RM10.2 Bln Realised Investments In Pahang

KUALA LUMPUR, Oct 7 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM10.2 billion in Pahang year-to-date, far exceeding its initial target of RM5.7 billion.

PM Foresees Budget 2025 Enhancing Economic Framework, Equitable Distribution

KUALA LUMPUR, Oct 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim expressed optimism about Budget 2025 after signing documents at the Ministry of Finance today, noting that it will strengthen the economic framework and promote equitable distribution.