LATEST NEWS   Malaysia, Australia back Pope Leo’s call for peace, urge dialogue to end global conflicts | Malaysia, Australia agree to deepen technical engagements between Petronas and Australian counterparts to ensure stable energy flows - PM Anwar | Malaysia remains steadfast on Palestine and values Australia’s support for humanitarian assistance and peaceful resolution efforts - PM Anwar | Bank Rakyat declares 18 per cent dividend payment totalling RM534.7 million for financial year 2025 | ACE Market debutant Golden Destinations opens at 49 sen, a four-sen premium to its IPO price, with 15 mln shares traded | 

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Tealive Expands To Middle East, Partners With Dubai-based Conglomerate

KUALA LUMPUR, Oct 11 (Bernama) -- Loob Holding Sdn Bhd, the owner of tea brand Tealive, has signed a master franchise agreement with Dubai-based conglomerate Eureka Restaurant and Café to bring the brand into the United Arab Emirates (UAE).

Malaysia Sees Prospects To Establish Cooperation With Canada In Halal Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia sees prospects to introduce cooperation with Canada in the halal sector, said Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz.

FreedomPay-Stripe Partnership To Facilitate Businesses Unify Commerce

KUALA LUMPUR, Oct 11 (Bernama) -- FreedomPay, an innovative leader in Next Level Commerce technologies has partnered Stripe, a financial infrastructure platform for businesses, to make it easier for enterprises to unify commerce.

Malaysia-Canada Economic Ties Strengthen With 41 Pct Trade Increase

VIENTIANE, Oct 11 (Bernama) -- Malaysia and Canada are deepening their economic ties, with bilateral trade reaching RM8.05 billion as of August 2024, marking a significant 41 per cent increase year-on-year, according to the Ministry of Investment, Trade and Industry (MITI).

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.

Malaysia Eyes Stronger Economic Ties With Vietnam In Emerging Industries - PM Anwar

VIENTIANE, Oct 10 (Bernama) -- Malaysia is aiming to strengthen economic cooperation with Vietnam by exploring opportunities for private sector involvement in emerging industries.

Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years

KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

ASEAN-BAC Outlines Initiatives For 2025, Including ASEAN IPO - Nazir Razak

By Sharifah Hunaini Syed Ismail & Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has outlined several key initiatives that will be highlighted during Malaysia's chairmanship next year, including an initial public offering (IPO) framework for the 10-member bloc.