ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO

KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).

Insurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps - BNM Governor

KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

HLIB : Malaysia In Strong Position Amid US Election Uncertainty

KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.

Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation

KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.

CAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges - Hasbi

KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.

Ringgit Opens Easier Vs USD Ahead Of US Fed Meeting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee’s (FOMC) decision on interest rate cuts.

Al'ard Marks A Decade In Malaysia, Contributing RM50 Mln To Palestine

KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.

Malaysia-Brazil To Collaborate, Tap US$3 Trillion Global Halal Market - Deputy Minister

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia and Brazil will enhance collaboration to tap the extensive global halal market which is anticipated to generate US$3 trillion (US$1=RM4.253) next year, said Agriculture and Food Security Deputy Minister Datuk Arthur Joseph Kurup.

Perak Aims To Become Major Global Halal Gelatine Industry Player

IPOH, Sept 17 (Bernama) -- The Perak state government, through the Perak State Agricultural Development Corporation (Perak SADC), has signed a joint venture (JV) agreement with Pakistani halal gelatine manufacturer Leiner Gelatine Sdn Bhd to grow the state’s halal gelatine industry.

CPO Futures End Lower For Third Consecutive Trading Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day, mainly driven by India imposing higher import tax on edible oils, according to a trader.

Gold Futures Hold Steady Ahead Of FOMC Meeting

KUALA LUMPUR, Sept 17 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives remained steady at the close today ahead of the United States Federal Open Market Committee (FOMC) meeting on September 17-18.

Gamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks -- MIDF Amanah

KUALA LUMPUR, Sept 17 (Bernama) -- Gamuda Bhd may replace Genting Malaysia Bhd on the FTSE Bursa Malaysia KLCI (FBM KLCI) constituent stocks list on Dec 23, 2024, according to MIDF Amanah Investment Bank Bhd.