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Saudi Fund For Development Finances Three Projects Worth US$205 Mln In Serbia 

KUALA LUMPUR, Oct 17 (Bernama) -- The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth US$205 million to fund key projects supporting the agriculture, education and energy sectors. (US$1=RM4.29)

MDEC CEO Says Public-private Partnerships Key To Driving Asean’s Digital Economy

KUALA LUMPUR, Oct 17 (Bernama) -- Public-private partnerships (PPPs) are expected to play a crucial role in shaping ASEAN’s future, particularly in driving the digital economy forward as they are the backbone of progress, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO) Anuar Fariz Fadzil. 

BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by ongoing bargain hunting in selected heavyweights, particularly within the consumer and industrial products and services sectors, analysts said. 

Singapore-based Talendy Holdings To Grow Asia Pacific Businesses 

KUALA LUMPUR, Oct 17 (Bernama) -- Tech Japan, a human resources (HR) tech venture specialising in recruitment platform solutions called “Talendy” for highly skilled Indian talent in the technology sector, has announced the establishment of Talendy Holdings in Singapore.

BuildXpo 2024 Partners With Gamuda To Showcase Sustainable Construction

KUALA LUMPUR, Oct 17 (Bernama) -- Qube Integrated Malaysia Sdn Bhd (QUBE) has named Gamuda Bhd as a Platinum Sponsor for the Malaysia International Building and Construction Industry Showcase 2024 (BuildXpo 2024), which will take place from Oct 22 to 24 at the Malaysia International Trade and Exhibition Centre (MITEC), here.

Bursa Malaysia Opens Higher On Mild Bargain Hunting

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher as mild bargain hunting emerged in most heavyweights led by consumer and industrial products and services stocks, said an analyst.

BIMP-EAGA Must Continue To Strengthen Cooperation To Address Development Gaps

KOTA KINABALU, Oct 16 (Bernama) -- The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) must continue to strengthen cooperation and work closely together to address development gaps, said Sabah Deputy Chief Minister II Datuk Seri Dr Joachim Gunsalam.

Development Of Manufacturing Sector Cluster In Central Region Should Be Made Strategic Initiative - PM Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The development of a special industrial cluster in the manufacturing sector in the Central Region needs to be prioritised as a strategic initiative of the MADANI Government to strengthen the country's position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Strengthens Against Major Currencies On Positive Budget Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the close today, driven by positive sentiment ahead of the tabling of the national budget this Friday, said SPI Asset Management managing director Stephen Innes.

Sime Darby to Enhance ROE, Plans Strategic Growth for FY2025

KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).

Global Commercialisation Strategies Set To Boost Malaysian Tech Startups, Scaleups -- MDEC

From Nurunnasihah Ahmad Rashid

DUBAI, Oct 16 (Bernama) -- Malaysia’s focus on global commercialisation strategies is set to drive significant economic impact for local tech startups and scaleups, particularly as the nation positions itself as the digital gateway to ASEAN.