BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.

Perak Aims To Become Major Global Halal Gelatine Industry Player

IPOH, Sept 17 (Bernama) -- The Perak state government, through the Perak State Agricultural Development Corporation (Perak SADC), has signed a joint venture (JV) agreement with Pakistani halal gelatine manufacturer Leiner Gelatine Sdn Bhd to grow the state’s halal gelatine industry.

SFZ Forest City To Be Launched On Friday, Incentives To Be Introduced - State Exco

JOHOR BAHRU, Sept 16 (Bernama) – Forest City’s special financial zone (SFZ) will be launched this Friday with various incentives and packages to stimulate investment, growth and economic activities in Johor.

ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

NCIA Facilitates JV Agreement Between Yenher And Danish Company Involving RM75 Mln Investment

GEORGE TOWN, Sept 14 (Bernama) -- The Northern Corridor Implementation Authority (NCIA) has facilitated a joint venture agreement between Yenher Holdings Bhd and Danish firm Fermentationexperts A/S (FE) to form YH European Protein Asia Sdn Bhd (YHEPA).