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Malaysia Positioned As Bridge Between BRICS And Asean For Driving Collaboration

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.

PIVB Maintains 'Outperform' Rating On AAX

KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).

DXN Posts Lower 2Q Net Profit Of RM65.97 Mln

KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.

Govt Should Adopt Fair Market Price for Targeted RON95 Subsidies - Economist

BANGI, Oct 24 (Bernama) -- To implement RON95 petrol targeted subsidies, the government has been urged to adopt an approach that maintains market prices, making essential goods more affordable while still offering the necessary support to those in need.

Anwar's Russia Visit Expands Malaysia's Geo-economic Reach, Global Cooperation – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia marked a strategic effort by the Madani Government to bolster Malaysia-Russia relations, broaden Malaysia’s geo-economic influence, and elevate its global economic standing.

Anwar's Visit And Investment Promotion Mission Generate RM82.6 Bln In Potential Investments – MITI

KUALA LUMPUR, Oct 23 (Bernama) -- A total of eleven Trade and Investment Missions (TIM), including six official visits led by Prime Minister Datuk Seri Anwar Ibrahim from January to September 2024, have resulted in potential investments totalling RM82.6 billion.

TDM Proposes RM1.5 Bln Sukuk Wakalah Programme Issuance

KUALA LUMPUR, Oct 23 (Bernama) -- TDM Bhd has proposed the issuance of a sukuk wakalah programme with a total programme limit of RM1.5 billion to enhance operational efficiency, support future investments, and meet its financial commitments in compliance with Shariah principles.

CapitaLand Malaysia Trust's Sustainability-linked Loans Total RM752 Mln To Date

KUALA LUMPUR, Oct 23 (Bernama) -- CapitaLand Malaysia Trust (CLMT), a real estate investment trust (REIT), has secured RM752 million in sustainability-linked loans to date.

Jumio’s Patent Count Exceeds 300, Reinforcing Position In Identity Solutions 

KUALA LUMPUR, Oct 23 (Bernama) -- Jumio, an automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider, announced it has more than 300 issued patents and patent applications.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

Gamuda Stock Jumps After Securing Taiwan's MRT Project

KUALA LUMPUR, Oct 23 (Bernama) -- Gamuda Bhd's shares surged this morning, rising by 2.46 per cent after securing a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.

Bursa Malaysia Opens Higher Amid Mixed Wall Street Overnight

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid Wall Street’s mixed performance overnight as traders expect a potentially less aggressive rate cuts by the United States (US) Federal Reserve (Fed) next month, said an analyst.