LATEST NEWS   SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | 

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Malaysia’s ASEAN Chairmanship To Enhance Trade With ASEAN Plus : MATRADE

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for the country to expand and strengthen trade relations, not only with ASEAN members but also with neighbouring ASEAN Plus countries, according to the Malaysia External Trade Development Corporation (MATRADE).

Jingxi City Enhances Processing Industry To Spur Local Economic Growth 

KUALA LUMPUR, Sept 17 (Bernama) -- The first shipment of locally processed salt-baked cashews from Jingxi City, Guangxi, was exported to Kazakhstan recently, marking a new breakthrough for the city's processing industry. 

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.

Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best

KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.

SCF Acquires Newpark Resources' Fluids Systems Business 

KUALA LUMPUR, Sept 17 (Bernama) -- SCF Partners Inc (SCF) has acquired the Newpark Fluids Systems business (NFS), a global pure-play oil and gas and geothermal fluids solution provider, from Newpark Resources Inc.

MIHAS To Make Dubai Global Debut In November, Targets Rm1 Bln Sales — Tengku Zafrul

KUALA LUMPUR, Sept 17 (Bernama) — The Nov 18-20 Malaysia International Halal Showcase (MIHAS) will make its international debut at MIHAS@Dubai with an export sales target of RM1 billion.

EIG’s MidOcean Raises Stake In Peru LNG To 35 Pct

KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.

Halal Industry More Comprehensive, Can Complement Islamic Economy -- PM Anwar

KUALA LUMPUR, Sept 17 (Bernama) -- The halal industry can complement the Islamic economy, as it is inclusive and comprehensive, and gives a positive impact on the broader community, said Prime Minister Datuk Seri Anwar Ibrahim.

Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth

KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.

Bursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top Gainers

KUALA LUMPUR, Sept 17 (Bernama) -- Trading on Bursa Malaysia continued to build up its momentum at mid-morning with glove counters dominating the gainers’ list.  

Heitech Padu Soars 10 Pct On RM133.7 Mln RTD Contract

KUALA LUMPUR, Sept 17 (Bernama) -- Shares of HeiTech Padu Bhd surged in early trade today after the company secured a RM133.7 million contract with the Road Transport Department (RTD).

 

Malaysia's Economic Growth Sparks Review Of 2030 SDG Progress - Hanifah Hajar

KUALA LUMPUR, Sept 17 (Bernama) -- With Malaysia's economy on the rise, it is an opportune moment to review progress towards the 2030 Agenda for Sustainable Development, Deputy Economy Minister Datuk Hanifah Hajar Taib said.