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Powertechnic To Raise RM22.05 Mln In ACE Market IPO

KUALA LUMPUR, Oct 6 (Bernama) -- Crane and hoist systems company Powertechnic Group Bhd aims to raise RM22.05 million from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on Oct 28, 2025.

Budget 2026 To Sustain Fiscal Consolidation Momentum - Maybank IB

KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.

Perdana Petroleum Seeks Capital Investment Incentives In Budget 2026

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 6 (Bernama) -- Offshore support vessel (OSV) operator Perdana Petroleum Bhd has urged the government to introduce targeted fiscal incentives in Budget 2026 to sustain Malaysia’s marine support services sector amid rising operational costs and the industry’s transition towards decarbonisation.

RM1.25 Bln Channelled By TEKUN Nasional To Assist 66,992 Sabah Entrepreneurs Since 1998

KOTA KINABALU, Oct 4 (Bernama) -- The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has channelled RM1.25 billion in business financing to 66,992 entrepreneurs in Sabah since 1998, reflecting the government’s ongoing commitment to empowering micro-entrepreneurs in the state.

CMA Seeks Input On Opening Main Market To Non-Resident Foreign Investors

KUALA LUMPUR, Oct 2 (Bernama) -- The Capital Market Authority (CMA) has called on relevant stakeholders and interested parties in the capital market to submit feedback on a proposal to open the Main Market to all categories of non-resident foreign investors, enabling them to invest directly.

​Datavault AI, Korea Aerospace University Launch Pact To Revolutionise Aviation Credentialing

KUALA LUMPUR, Oct 2 (Bernama) -- Datavault AI Inc, a company specialising in artificial intelligence (AI)-driven data visualisation, valuation and monetisation, has signed a memorandum of understanding (MoU) with Korea Aerospace University (KAU).

Malaysia Secures Export Sales Worth RM376.14 Mln At 22nd China-ASEAN Expo

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysia Pavilion at the 22nd China-ASEAN Expo (CAEXPO) has recorded total sales of RM376.14 million, according to the Malaysia External Trade Development Corporation (MATRADE).

Stronger 2H 2025 Property Sales Expected To Balance Weak 1H -- Kenanga Research

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s property sector is expected to see stronger sales in the second half of 2025 (2H 2025), offsetting 1H 2025’s weaker performance, according to Kenanga Research.

Budget 2026: MAA Calls For Extension Of EV Incentives

By Zairina Zainudin

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to extend the existing tax incentives for battery electric vehicles (BEVs) in the upcoming Budget 2026 to accelerate the country’s electrification goals and attract long-term investments.

Private Sector Should Continue Partnership With Govt To Drive Green Economy — Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The private sector needs to continue partnering with the government to co-create solutions, scale innovation, and build a competitive, green economy for Malaysia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Trident, OutDrive GP Partner To Power Sim Racing At GPSS 2025 In Singapore

KUALA LUMPUR, Oct 1 (Bernama) -- Trident Digital Tech Pte Ltd (Trident), a Singapore-based leader in digital transformation and Web 3.0 activation, has announced a strategic partnership with OutDrive GP Inc, an innovator in immersive sim racing, to deliver a high-impact fan experience at Grand Prix Season Singapore 2025 (GPSS 2025).

Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.