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Philips, Siloam Hospitals Group To Back Indonesia’s Healthcare Transformation Strategy

KUALA LUMPUR, Oct 7 (Bernama) -- Royal Philips, a global leader in health technology, and Siloam Hospitals Group, Indonesia’s private healthcare provider, have signed a memorandum of understanding (MoU) to advance artificial intelligence (AI) capabilities and development in the healthcare sector in Indonesia.

Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers

KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.

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.

Nihon M&A Center Sets Up Fund Management Company To Drive ASEAN Expansion, Cross-border M&A

KUALA LUMPUR, Oct 7 (Bernama) -- Nihon M&A Center Holdings has established a subsidiary fund management company Asean to Global Capital (AtoG Capital) to support Japanese companies’ expansion into the Southeast Asian region.

Malaysia Will Not Be Complacent Despite Current Achievement - PM Anwar

KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.

Malaysia To Focus On Strengthening Economic Cooperation, Attracting Investments In ASEAN Summit

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 7 (Bernama) -- Malaysia will focus on strengthening economic cooperation in ASEAN and enhancing regional trade and investment at the 44th and 45th ASEAN Summit and Related Summits that will begin tomorrow in Laos.

Foreign Investors Dispose RM1.1 Bln Worth Of Equities Last Week

KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.

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.

Malaysians Must Realise That Country Is Not Immune To Effects Of Global Uncertainty -- Rafizi

KOTA KINABALU, Oct 5 (Bernama) -- Malaysians need to understand and accept that the country, being an open market economy, is exposed to the effects arising from global economic uncertainty, according to Economy Minister Rafizi Ramli.