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Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.

Gold Futures End Lower Ahead Of US Fed Symposium In Jackson Hole

KUALA LUMPUR, Aug 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today ahead of the United States (US) Federal Reserve’s (Fed) Jackson Hole symposium taking place tonight, as traders await signals on the US monetary policy.

Toshiba Unveils Compact High-voltage Photorelay For EV Battery Systems

KUALA LUMPUR, Aug 21 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched the "TLX9161T", an automotive photorelay engineered for electric vehicle (EV) battery systems, with volume shipments having begun.

KLIA Achieves Global Standards In Departure Efficiency Through Airspace Enhancements -- CAAM

KUALA LUMPUR, Aug 20 (Bernama) -- The Kuala Lumpur International Airport (KLIA) has achieved global standards in departure efficiency, marking a major milestone in Malaysia’s air traffic management capabilities following the implementation of key airspace enhancements, said the Civil Aviation Authority of Malaysia (CAAM).

MBW Innexus Industrial City To Create 37,000 Jobs, RM2 Bln GDV – Tengku Zafrul

JOHOR BAHRU, Aug 20 (Bernama) – The RM2 billion gross development value (GDV) MBW Innexus Industrial City project is expected to create approximately 37,000 jobs across various skill levels, according to the Ministry of Investment, Trade and Industry (MITI).

DIC Corporation Opens World-First HACCP-Compliant Coatings Plant In Indonesia

KUALA LUMPUR, Aug 19 (Bernama) -- DIC Corporation, a chemical manufacturer and the core of the DIC Group, has established a new production facility for coatings suitable for direct food contact materials on the site of a plant belonging to PT DIC Graphics, a wholly owned subsidiary located in Jakarta, Indonesia.

PETRA To Study Small Modular Reactors As Potential Nuclear Energy Source - DPM Fadillah

PETALING JAYA, Aug 19 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is conducting a feasibility study on nuclear energy, including small modular reactors (SMRs) to assess their potential as a stable base-load power source, said its Minister Datuk Seri Fadillah Yusof.

Iran-Israel Conflict Triggered Surge In Global Oil Prices -- MITI

KUALA LUMPUR, Aug 18 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia's Shipping Industry Remains Resilient -- Shipping Association Malaysia

PETALING JAYA, Aug 18 (Bernama) -- Malaysia's shipping industry remained resilience by meeting the rising global demand and generating profit despite the global trade uncertainties, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Ipoh Sentral Set To Drive Ipoh’s Transformation With Modern Transport Hub, Smart City Initiatives

IPOH, Aug 16 (Bernama) -- The Ipoh Sentral project (Ipoh Sentral), anchored under the Perak Smart City 2030 Green Transport Agenda, is envisioned to transform Ipoh into a modern, sustainable and well-connected transport hub while safeguarding the city’s cultural heritage and strengthening community bonds. 

KLIA Aerotrain To Undergo Overnight Maintenance During Non-peak Hours Starting Aug 18

KUALA LUMPUR, Aug 15 (Bernama) -- Kuala Lumpur International Airport (KLIA) will be carrying out scheduled overnight works on the Aerotrain system over two weeks starting Aug 18 as part of its ongoing efforts to optimise the system’s performance further.