Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO

KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.

Ringgit Falls Against US Dollar Following Strong US Payrolls Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit ended lower against the US dollar, mirroring the trend of other Asian currencies, after stronger-than-expected US nonfarm payrolls (NFP) data for September suggested the US economy was avoiding a recession and on course for a soft landing, an analyst said.

ECERDC Exceeds 2024 Investment Target With RM10.2 Bln Realised Investments In Pahang

KUALA LUMPUR, Oct 7 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM10.2 billion in Pahang year-to-date, far exceeding its initial target of RM5.7 billion.

ASEAN Should Focus On High-impact 'quick Wins' To Provide Tangible Business Values - Tengku Zafrul

From Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) — ASEAN should focus on high-impact “quick wins” that are practical and capable of providing immediate and tangible business value to enhance the visibility of the grouping to its immediate stakeholders.

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.

ASEAN's Solidarity Can Make It A Competitive Force On The Global Stage - Tengku Zafrul

By Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) -- Malaysia has emphasised three key strategies to strengthen ASEAN’s economic resilience as global expansion is projected to be at a subdued pace, affected by ambiguity in inflation, heightened geopolitical tensions and increasing geoeconomic fragmentation.

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.

Bursa Malaysia Higher At Midday

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

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.