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Malaysia On Track To Become Third Largest Data Centre Hub In Asia - HLIB

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia is on track to become the third-largest data centre market in Asia, after Japan and India with key sector beneficiaries being utilities, renewable energy (RE), property, and telecommunication, among others, said Hong Leong Investment Bank Bhd (HLIB).

Axis-REIT Raises RM449.73 Mln Via Largest Private Placement To Date

KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.

Bursa Malaysia Opens Flat On Continued Caution Ahead Of US Election

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia tilted down in early trade on continued caution ahead of the US presidential election.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

Malaysia's Halal Industry Set For Growth Under ASEAN Leadership, Budget 2025

MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.

CPO Futures Hit Two-Year High On Bullish Sentiment, Strong Exports

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, reaching a two-year high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.

Gold Futures Close Higher

KUALA LUMPUR, Oct 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, driven by escalating geopolitical tension and uncertainties surrounding the United States presidential election, said a dealer.  

Malaysia To Drive ASEAN FTA Upgrades To Further Enhance Region's Economic Growth    

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia is looking forward to the "upgrading" and conclusion of some of the existing free trade agreements (FTAs) with certain countries such as China, India and ASEAN member economies.

Cavli Wireless Recognised For Bringing 'Made In India' IoT Solutions To Global Stage

KUALA LUMPUR, Oct 29 (Bernama) -- Cavli Wireless, an innovator in cellular Internet of Things (IoT) and wireless connectivity solutions, has been named one of the winners of the esteemed Nasscom Emerge 50 Awards for 2024.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

Korean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramas 

KUALA LUMPUR, Oct 29 (Bernama) -- Golden Hind Co Ltd, the food and beverage (F&B) company behind the premium Korean egg sandwich brand EGGDROP, has garnered significant attention for its production support of the tvN romantic comedy drama series 'Love Next Door' and the JTBC family drama series 'Romance in the House'.

Rubber Market Declines, Tracking Regional Cues And Global Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended in decline on Tuesday, attributed to weaker cues from regional rubber futures markets and overall cautious sentiment in the global market, said a dealer.