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Sarawak Mulls Forming 'Consolidated Entity' For State's Asset Management, Investment - Abang Jo

KUCHING, Oct 3 (Bernama) -- Sarawak is considering establishing a “consolidated entity” for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Sarawak Energy Appoints Ibrahim Baki As Chairman Effective Oct 1

KUCHING, Oct 3 (Bernama) -- Sarawak Energy Bhd (SEB) has appointed Gabungan Parti Sarawak's Satok state assemblyman, Datuk Ibrahim Baki, as its chairman effective Oct 1.

Producer Price Index Eases By 1.9 Pct In 2023 - DoSM

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.

Budget 2025: Gig Economy Players Want SEGiM Established Soon

KUALA LUMPUR, Oct 3 (Bernama) -- The government is urged to expedite the establishment of the Malaysian Gig Economy Commission (SEGiM) to ensure better organisation and regulation of the gig industry ecosystem.

Ringgit Opens Flat Vs US Dollar, Rises Against Other Major Currencies 

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit opened almost flat against the US dollar today but rose versus other major currencies, as the greenback continued to strengthen amid rising geopolitical risks, an analyst said.

Ringgit Slips Amid Rising Geopolitical Risks, But Remains Top Currency Globally Today

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 2 (Bernama) --  The ringgit closed lower on Wednesday as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar in a three-month period from July 2 to Oct 2.

YAPEIM Empowers Underprivileged Entrepreneurs With Capital Funding

PUTRAJAYA, Oct 2 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YAPEIM) is committed to supporting entrepreneurs from underprivileged backgrounds by providing business capital funding.

Curium Join Forces With PeptiDream For Prostate Cancer Theranostics in Japan

KUALA LUMPUR, Oct 2 (Bernama) -- Curium, a world leader in nuclear medicine, has entered into a strategic partnership with PDRadiopharma Inc, a wholly-owned subsidiary of PeptiDream, for the clinical development, regulatory filing, and commercialisation in Japan of two agents, 177Lu-PSMA-I&T and 64Cu-PSMA-I&T.

Indonesian Tycoon Lauds Anwar's Affirmative Action To Safeguard Bumiputera Interests

PUTRAJAYA, Oct 2 (Bernama) -- The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.

BHSI Unveils Global, UK Casualty Promotions

KUALA LUMPUR, Oct 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Alder-Smurthwaite as Head of Casualty, United Kingdom (UK).

Crown Bioscience Bolsters Singapore Facility With Advanced Oncology Models, Imaging Capabilities

KUALA LUMPUR, Oct 2 (Bernama) -- Crown Bioscience, a global contract research organisation (CRO) has announced an expansion of its facility in Singapore with new oncology research models and state-of-the-art imaging technologies.