KPK Drafts Initiatives To Transform Agricommodity Sector Into Technology-based Sector

KUALA LUMPUR, Nov 5 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has drafted several initiatives to transform the agricommodity sector from labour-based to technology-based.

Investor Confidence In Thai Stock Market Strong Amid Stimulus, Rate Cut - FETCO

BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).

Ringgit Opens Higher As US Dollar Weakens Post-NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit maintained its upward momentum, opening higher on Tuesday as the US Dollar Index (DXY) weakened following last Friday’s release of US non-farm payroll (NFP) data, said an analyst.

OIC Member States Must Foster Collaboration On Financial Ecosystems, Strengthen Digital Payment - Fahmi

From Kisho Kumari Sucedaram

ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.

Govt Will Prioritise Projects For People Who Need It Most In Kelantan - Rafizi

KUALA LUMPUR, Nov 4 (Bernama) -- The federal government will evaluate and prioritise every project for the people who need it most in Kelantan, said Economy Minister Rafizi Ramli.

ABM Welcomes GX Bank, Boost Bank As New Members

KUALA LUMPUR, Nov 4 (Bernama) -- The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.

IHH Completes Acquisition Of Island Hospital In Penang For Nearly RM4 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- IHH Healthcare Bhd (IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of about RM3.9 billion.

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Generali Life (Hong Kong) Limited (Generali Hong Kong).

Rubber Market Ends Lower Amid Regional Futures Downtrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.

Chinese Western City Weinan Emerging As Printing, Packaging Hub

KUALA LUMPUR, Nov 4 (Bernama) -- The 2024 Belt and Road Printing and Packaging Industry Development Conference, organised by the Weinan Municipal People's Government was held in the northwestern Chinese city of Weinan from Oct 23 to 25.

Shell Malaysia, Progressture Power in Deal To Set Up Solar Roofs At 600 Stations Nationwide

KUALA LUMPUR, Nov 4 (Bernama) -- Shell Malaysia Ltd and Progressture Power Sdn Bhd have partnered to install up to 20 megawatt peak (MWp) of solar capacity on the roofs of over 600 retail stations nationwide.

Cascale To Amplify Voices Of Suppliers, Manufacturers

KUALA LUMPUR, Nov 4 (Bernama) -- Cascale, formerly the Sustainable Apparel Coalition, has introduced a new member engagement and governance model to ensure more inclusive decision-making, with a sharper focus on elevating supplier and manufacturer input.