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Malaysia On Track To Become Third Largest Data Centre Hub In Asia - HLIB

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia is on track to become the third-largest data centre market in Asia, after Japan and India with key sector beneficiaries being utilities, renewable energy (RE), property, and telecommunication, among others, said Hong Leong Investment Bank Bhd (HLIB).

Budget 2025 To Drive Construction Sector Productivity -- MPC

KUALA LUMPUR, Oct 30 (Bernama) -- Budget 2025 has brightened the construction sector prospects with a focus on developing quality infrastructure, strengthening strategic investments, and ensuring that all sectors function in an inclusive and sustainable manner.

Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).

Axis-REIT Raises RM449.73 Mln Via Largest Private Placement To Date

KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.

Malaysia's Halal Industry Set For Growth Under ASEAN Leadership, Budget 2025

MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.

Malaysia-EU Looking Into Steps To Resume Official FTA Negotiations – Tengku Zafrul

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia and the European Union (EU) are looking into the next steps towards officially resuming negotiations on the Malaysia-EU Free Trade Agreement (FTA).

MITI To Continue Engaging With US Authorities On Solar Export Tariff Hikes

KUALA LUMPUR, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Malaysian solar manufacturers and related companies affected by the US tariff hike on solar exports to get more information on the move by Washington.

Ringgit Eases Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit closed lower against the US dollar for the second consecutive day amid waning risk appetite for the domestic currency ahead of the US presidential election next week, said an analyst.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

Black & Veatch Touts Sustainable Water Management Practices At IMARC 2024

KUALA LUMPUR, Oct 29 (Bernama) -- Asia Pacific’s mining industry can accelerate the adoption of more sustainable water management practices to protect freshwater resources for the local community while ensuring a more resilient and reliable water future, according to Black & Veatch, a global leader in critical human infrastructure solutions.

Govt To Look At How TNB Can Play Role In Realising ASEAN Power Grid Initiative

KUALA LUMPUR, Oct 29 (Bernama) -- The government will look at how Tenaga Nasional Bhd (TNB) can play a role in realising the ASEAN Power Grid (APG) initiative.

LPI Capital Net Profit Rises To RM123.94 Mln In Third Quarter

KUALA LUMPUR, Oct 29 (Bernama) -- LPI Capital Bhd’s net profit for the third quarter rose to RM123.94 million from RM97.92 million in the same quarter last year.