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Malaysia Positioned As Bridge Between BRICS And Asean For Driving Collaboration

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.

Govt Learning To Manage Data Centres, Grow Industry Sustainably - Liew

KUALA LUMPUR, Oct 25 (Bernama) -- The government, multiple agencies within the government, data centre operators and other stakeholders are learning how to manage and deal with data centres and how to grow the industry sustainably.

BASF Petronas Chemicals Opens Second 2-EHAcid Plant In Kuantan

KUANTAN, Oct 25 (Bernama) -- BASF Petronas Chemicals (BPC) has launched its second 2-ethylhexanoic acid (2-EHAcid) production line at its integrated site in Kuantan to meet growing market demand.

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector

KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.

AirAsia X Reports 34 Pct Growth In Passengers To 1.08 Million In 3q 2024

KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points. 

DXN Posts Lower 2Q Net Profit Of RM65.97 Mln

KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.

CapitaLand Malaysia Trust Posts Higher 3Q Net Profit

KUALA LUMPUR, Oct 24 (Bernama) -- Capitaland Malaysia Trust (CLMT) registered a higher net profit of RM30.23 million in the third quarter ended Sept 30, 2024 (3QFY2024) compared with RM27.78 million recorded in the same period a year ago.

MIDF Amanah Trims Inflation Forecast Down To 2.0 Pct In 2024

KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

Ringgit Expected To Rise Five Pct If Kamala Harris Is Elected US President -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran. 

JBIC Committed To Support MITI In Attracting High-quality Investment From Japan - Tengku Zafrul

KUALA LUMPUR, Oct 24 (Bernama) -- The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry (MITI) in attracting high-quality investment from Japan, particularly in the sustainable energy sector and high-tech industrial development.