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Oriental To Acquire Three Hotels, To Reposition Under The Ascott

KUALA LUMPUR, Nov 8 (Bernama) -- Oriental Holdings Bhd (OHB) and its subsidiaries (collectively, OHB Group) intend to acquire Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi.

KLCI Futures To Trade Range-bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week, anchored by resilient domestic fundamentals and expectations of a steady monetary policy stance by Bank Negara Malaysia.

AKWEL Reports Lower Revenue, Expects Further Decline In 2026

KUALA LUMPUR, Nov 7 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, reported consolidated revenue of 730.7 million euros for the first nine months of 2025, down 3.6 per cent from a year earlier. (1 Euro = RM4.82)

Govt Reduces Dependence On Petroleum-related Revenue To 16.9 Pct From 28 Pct In 2022

KUALA LUMPUR, Nov 6 (Bernama) -- The government has succeeded in reducing its dependence on petroleum-related revenue to 16.9 per cent in 2025 compared to 28 per cent in 2022 through revenue measures implemented since 2023, according to the Ministry of Economy.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.

SC Names Six Companies For Maiden MyABE Pilot Cohort

KUALA LUMPUR, Nov 6 (Bernama) -- The Securities Commission (SC) has announced six companies selected for the maiden Malaysian ASEAN Business Entity (MyABE) cohort initiative.

ASEAN Must Rethink Its Supply Chain, Strengthen Regional Economic Integration

KUALA LUMPUR, Nov 6 (Bernama) -- ASEAN must rethink its supply chains and strengthen regional economic integration amid an increasingly uncertain global trade environment, said Asia-Pacific Economic Cooperation former executive director, Tan Sri Dr Rebecca Fatima Sta Maria.

Denodo Named Top Vendor In Dresner Advisory Services Report

KUALA LUMPUR, Nov 6 (Bernama) -- Denodo, a leader in data management, has been placed as a top vendor in the 2025 Active Data Architecture report from Dresner Advisory Services.

TVS Motor Unveils Six New Products In Landmark EICMA Debut

KUALA LUMPUR, Nov 6 (Bernama) -- TVS Motor Company (TVSM), a global leader in two- and three-wheeler manufacturing, made its debut at EICMA 2025, the world’s largest motorcycle exhibition, unveiling six new products across internal combustion engine (ICE) and electric powertrains.

PKNPk-Gamuda JV Inks MoU With PBAPP For Bulk Treated Water Supply To Penang

IPOH, Nov 6 (Bernama) -- Perbadanan Kemajuan Negeri Perak and Gamuda Bhd, through their joint venture (PKNPk-Gamuda JV), have inked a memorandum of understanding (MoU) with Perbadanan Bekalan Air Pulau Pinang (PBAPP) for the sale of excess treated water from the Northern Perak Water Supply Scheme (NPWSS) to Penang.

Government Yet To Finalise Carbon Tax Rate - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The government has yet to determine an appropriate rate for the carbon tax, which is scheduled for implementation next year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Eyexora Sets Up Singapore Co-Headquarters To Accelerate Ophthalmic Innovation Worldwide

KUALA LUMPUR, Nov 6 (Bernama) -- Eyexora, a biotechnology company developing innovative therapies for ophthalmic diseases, has established its co-headquarters in Singapore as part of its global expansion and commitment to advancing eye health worldwide.