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Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.

AirAsia Pushes For A More Liberalised Air Travel Landscape In ASEAN

KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.

Ringgit Extends Gains, Opens At 4.1150 Vs US Dollar 

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.

ZTE, U Mobile Sign MoU For 5G-powered Agriculture Solutions

From Hasnah Jusid

BEIJING, Sept 28 (Bernama) --  ZTE (Malaysia) Corporation, a communication technology company, and U Mobile, a mobile data service provider, have today signed a memorandum of understanding (MoU) to develop intelligent agriculture applications and implement effective deployment solutions.

LTAT's Reinvestment Strategy To Unlock Growth, Support Retirement Commitments – Economist

KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.

Ringgit Set For Further Appreciation Amid Cautious Outlook On US Economic Data

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.

Labuan To Embrace Vertical Farming To Boost Agro Sector, Food Security - KPKM

LABUAN, Sept 27 (Bernama) -- The Agriculture and Food Security Ministry (KPKM) is calling for Labuan to adopt vertical farming as a strategy to bolster its agricultural sector and address the ongoing food supply shortage. 

Sarawak Will Not Interfere In Affin Bank Operations - Abang Johari

KUCHING, Sept 27 (Bernama) -- The state government will not interfere in the business operations of Affin Bank, despite becoming its largest shareholder, said Sarawak Premier Tan Sri Abang Johari Tun Openg.  

Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

MIBS 2024 Targets Transactions Worth RM10 Mln, 25 MoUs To Be Signed

 KUALA LUMPUR, Sept 27 (Bernama) -- The 19th Malaysia International Branding Showcase (MIBS) 2024 targets to achieve RM10 million in transaction value, while fostering significant international business collaborations.

Former Angry Bird Developer Wants To Boost Malaysia's Education And Entertainment Sector

KUALA LUMPUR, Sept 27 (Bernama) -- Former developer of Angry Birds online gaming franchise Peter Vesterbacka sees potential in the education and entertainment industries in Malaysia.

Lower August 2024's PPI To Keep OPR Unchanged In 2024 -- MIDF Research

KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month.