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Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities

KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).

Acquisition Of Eye Nation Helps Sunzen To Expand Into New Market

KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.

Philippines Poised To Become Aviation Hub In Asia By 2028

MANILA, Oct 2 (Bernama) — The Philippines aviation industry is on the cusp of a significant transformation, and is poised to become an aviation hub in Asia by 2028, lifted by its airport privatisation initiatives and the completion of its new airport.

HLIB Expects Budget 2025 To Balance Fiscal Discipline And GDP Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.

Tanco Shares Rise On Smart Ai Container Port Approval

KUALA LUMPUR, Oct 2 (Bernama) -- Tanco Holdings Bhd's shares drew attention on Bursa Malaysia during the early session today, following the group's approval to develop and construct the smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan.

Petronas inks Five-year Gas Sales Agreement To Ensure Secure Energy Supply For Sabah And Labuan

KUALA LUMPUR, Oct 1 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), will supply gas to Sabah Electricity Sdn Bhd (SESB) for power generation in Sabah and Labuan.

Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

Finance Professionals Urged To Address Wage Inequality For Sustainable Business Practices

KUALA LUMPUR, Oct 1 (Bernama) -- Finance and accountancy professionals must confront wage inequality and take a leading role in promoting sustainable business practices, according to a report published by ACCA Global, Shift, and Forvis Mazars.

China-ASEAN Industrial Chain And Supply Chain Conference Injects Impetus For Cooperation

KUALA LUMPUR, Oct 1 (Bernama) -- The China-ASEAN (Baise-Cao Bang) Industrial Chain and Supply Chain Cooperation and Innovative Development Conference, held in Nanning, China, witnessed the signing of 19 projects valued at 20.663 billion Chinese yuan. (100 Chinese yuan = RM59.24)

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

Malaysia Set To Lead ASEAN In AI Development Through Strategic Partnerships - PM Anwar

KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that Malaysia will forge partnerships with industry leaders and enhance cooperation among stakeholders to position itself as a leading artificial intelligence (AI)-driven nation in ASEAN.

Maritime Industry Seeks Budget 2025 Incentives For Growth And Decarbonisation

KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.