LATEST NEWS   In 2024, Brazil remained Malaysia’s second-largest trading partner among Latin American countries with total trade surging 16.6 pct to over US$4.46 bln | DPM Fadillah invites Brazilian businesses to seize the opportunities Malaysia offers as a vibrant investment destination and trusted gateway to the ASEAN region | Malaysia welcomes Brazilian investors to explore investment opportunities in sectors including semiconductors, aerospace, oil, gas & biofuels, agriculture and halal industry - DPM Fadillah | PM Anwar calls for stronger regional cooperation to accelerate ASEAN Power Grid integration | Canada aims to increase non-US exports by 50 per cent within the next decade, with a substantial proportion expected to go to ASEAN — PM Carney | 

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Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

Batik Air To Launch New Penang-Jakarta Route In October

KUALA LUMPUR, Sept 24 (Bernama) -- Batik Air is set to launch its new route between Penang International Airport and Soekarno-Hatta International Airport in Jakarta starting Oct 1.

Securities Commission Releases Updated Investor Alert List

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes. 

Capital A To Hold EGM On Oct 14, 2024, For Disposal Of Aviation Business

KUALA LUMPUR, Sept 23 (Bernama) -- Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company AirAsia X Bhd (AAX) will be tabled for shareholders’ approval. 

MIHAS 2024 Awards Introduces Sustainability Category, Recognising Eco-friendly Practices

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 20 (Bernama) -- The prestigious Malaysia International Halal Showcase (MIHAS) 2024 Awards returns this year with a new category, the Sustainability Award, recognising efforts in the adoption of sustainable practices in the Halal industry.

Ringgit The Clear Winner From FFR Cut, Pivots Vs USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst. 

Taobao's Beta English Interface Major Commitment To e-Commerce Market In Malaysia

By Puti Iylia Maisarah

KUALA LUMPUR, Sept 20 (Bernama) -- Taobao has made a major commitment to the Malaysian e-commerce market by launching a beta English interface aimed at improving accessibility and convenience for consumers, focused on localising its features.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point. 

Gentrification Of Islamic Finance - More Than Just Shariah Compliance 

LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.

LCR Expects To Improve, Supporting NIM Recovery - Maybank IB

KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).

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.

ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.