EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

Biban24 Wraps Up With US$9 Bln In Agreements, Fuelling Saudi's SME Growth 

KUALA LUMPUR, Nov 11 (Bernama) -- Agreements worth over US$9 billion were signed at Biban24, Saudi Arabia’s flagship startup and small and medium-sized enterprises (SME) forum, organised by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom. (US$1=RM4.38)

Siemens Energy Group Explores Hydrogen Tech Integration In TNB Power Generation Plants

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 11 (Bernama) -- Siemens Energy Pte Ltd and Tenaga Nasional Bhd (TNB) are exploring the integration of the national utility’s large-scale power generation plants with hydrogen.

Monsha’at Takes Significant Step Transforming Saudi Entrepreneurship Landscape

KUALA LUMPUR, Nov 11 (Bernama) -- The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has taken another important step towards reshaping the Saudi entrepreneurship landscape.

Lantronix Expands 5G Portfolio With US$6.5 Mln NetComm Acquisition

KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)

Malaysia Ready For New Investment Era With Clear Economic Vision -- MOF

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia stands ready for a new era of investment, supported by a clear vision for economic transformation and a commitment to attracting investments aligned with the nation’s high-growth and sustainable future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Anaqua Platform Chosen To Enhance MLL Legal's IP Management Capabilities

KUALA LUMPUR, Nov 7 (Bernama) -- Anaqua, the leading provider of innovation and intellectual property (IP) management technology, announced that MLL Legal, one of Switzerland’s largest law firms, has selected Anaqua’s AQX Law Firm platform to enhance its IP management capabilities for its clients.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

Influx Of Multinational Companies Boosts Kuala Lumpur’s Office Market Competitiveness - Knight Frank  

KUALA LUMPUR, Nov 4 (Bernama) -- The influx of multinational companies seeking regional headquarters in Kuala Lumpur (KL) is contributing to a more competitive office landscape, according to Knight Frank. 

EIG, Saudi-based Hassana Ink Deal For Middle East Energy Transition Projects

KUALA LUMPUR, Nov 4 (Bernama) -- Institutional investor to the global energy and infrastructure sectors, EIG, and Hassana Investment Company (Hassana), have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.