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Malaysia On Track To Become Third Largest Data Centre Hub In Asia - HLIB

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia is on track to become the third-largest data centre market in Asia, after Japan and India with key sector beneficiaries being utilities, renewable energy (RE), property, and telecommunication, among others, said Hong Leong Investment Bank Bhd (HLIB).

Budget 2025 To Drive Construction Sector Productivity -- MPC

KUALA LUMPUR, Oct 30 (Bernama) -- Budget 2025 has brightened the construction sector prospects with a focus on developing quality infrastructure, strengthening strategic investments, and ensuring that all sectors function in an inclusive and sustainable manner.

Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).

Axis-REIT Raises RM449.73 Mln Via Largest Private Placement To Date

KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.

FBM KLCI Futures Open Weaker

KUALA LUMPUR, Oct 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened weaker in early trade today.

Bursa Malaysia Opens Flat On Continued Caution Ahead Of US Election

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia tilted down in early trade on continued caution ahead of the US presidential election.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

Malaysia's Halal Industry Set For Growth Under ASEAN Leadership, Budget 2025

MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.

Mechanism For Targeted RON95 Subsidy Still Being Refined By MOF

KUALA LUMPUR, Oct 29 (Bernama) -- The mechanism for the proposed RON95 targeted petrol subsidy, set for implementation in the middle of next year, is still being refined by the Ministry of Finance (MOF).

Malaysia-EU Looking Into Steps To Resume Official FTA Negotiations – Tengku Zafrul

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia and the European Union (EU) are looking into the next steps towards officially resuming negotiations on the Malaysia-EU Free Trade Agreement (FTA).

MITI To Continue Engaging With US Authorities On Solar Export Tariff Hikes

KUALA LUMPUR, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Malaysian solar manufacturers and related companies affected by the US tariff hike on solar exports to get more information on the move by Washington.

CPO Futures Hit Two-Year High On Bullish Sentiment, Strong Exports

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, reaching a two-year high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.