Mytheresa To Acquire YNAP From Richemont

KUALA LUMPUR, Oct 7 (Bernama) -- MYT Netherlands Parent B.V. (Mytheresa) and Richemont announced they have entered into binding agreements for the acquisition of 100 per cent of the share capital of YOOX Net-a-Porter (YNAP) by Mytheresa.

MPOC Welcomes EU's Decision To Delay EUDR Implementation

KUALA LUMPUR, Oct 7 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has commended the European Commission’s (EC) decision to delay the implementation of the European Union Deforestation Regulation (EUDR) until Dec 30, 2025.

Philips, Siloam Hospitals Group To Back Indonesia’s Healthcare Transformation Strategy

KUALA LUMPUR, Oct 7 (Bernama) -- Royal Philips, a global leader in health technology, and Siloam Hospitals Group, Indonesia’s private healthcare provider, have signed a memorandum of understanding (MoU) to advance artificial intelligence (AI) capabilities and development in the healthcare sector in Indonesia.

Black & Veatch To Tackle Southeast Asia’s Increasingly Complex Energy Transition At Enlit Asia 2024

KUALA LUMPUR, Oct 7 (Bernama) -- Economies across Southeast Asia must overcome increasing energy transition complexities as they balance energy security and lower carbon emissions, according to Black & Veatch, a global leader in critical human infrastructure solutions.

Northport's Capacity, Efficiency To Improve With Newly-completed Container Yard

KUALA LUMPUR, Oct 7 (Bernama) --  Northport (Malaysia) Bhd has completed its latest container yard, Block K, adding 662,256 twenty-foot equivalent units (TEUs) to its capacity based on dwell time of five days.

Nihon M&A Center Sets Up Fund Management Company To Drive ASEAN Expansion, Cross-border M&A

KUALA LUMPUR, Oct 7 (Bernama) -- Nihon M&A Center Holdings has established a subsidiary fund management company Asean to Global Capital (AtoG Capital) to support Japanese companies’ expansion into the Southeast Asian region.

Malaysia To Focus On Strengthening Economic Cooperation, Attracting Investments In ASEAN Summit

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 7 (Bernama) -- Malaysia will focus on strengthening economic cooperation in ASEAN and enhancing regional trade and investment at the 44th and 45th ASEAN Summit and Related Summits that will begin tomorrow in Laos.

E-wallet Companies Want SST Exemption For Digital Financial Services To Be Extended In Budget 2025

KUALA LUMPUR, Oct 7 (Bernama) -- The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital financial services in Budget 2025 to sustain the industry’s growth.

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

BSN SSP Produces 103 Millionaires From 6.2 Million Depositors, With Savings Of RM5.4 Bln

JOHOR BAHRU, Oct 5 (Bernama) -- Bank Simpanan Nasional (BSN) has captured 6.2 million Premium Savings Certificate (SSP) depositors and produced 103 millionaires so far, said BSN chairman Datuk Seri Dr Awang Adek Hussin.

Local Tech Industry Hails Anuar Fariz’s Appointment To Spearhead MDEC

KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.

JCorp Launches New Container Operations At Tanjung Langsat Port

JOHOR BAHRU, Oct 4 (Bernama) -- Johor Corporation (JCorp), through its subsidiary JLand Group (JLG), has launched new container operations at the Tanjung Langsat Port (TLP), Johor, aimed at strengthening Malaysia’s position in the global oil, gas, and logistics industries.