LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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Malaysia-Canada Economic Ties Strengthen With 41 Pct Trade Increase

VIENTIANE, Oct 11 (Bernama) -- Malaysia and Canada are deepening their economic ties, with bilateral trade reaching RM8.05 billion as of August 2024, marking a significant 41 per cent increase year-on-year, according to the Ministry of Investment, Trade and Industry (MITI).

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

Eco Expo Asia 2024 To Gather Green Industry Leaders Worldwide

KUALA LUMPUR, Oct 11 (Bernama) -- The Hong Kong Trade Development Council and Messe Frankfurt (HK) Ltd will jointly organise Eco Expo Asia 2024, along with the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region, from Oct 30 to Nov 2.

MGA: Gas Industry Players Need Equal Attention In Budget 2025

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Gas Association (MGA) calls for the government to prioritise the gas industry in Budget 2025 to ensure Malaysia’s sustainable transition to a low-carbon economy.

Malaysia Welcomes Proposed US$14.7 Bln Investment By US Tech Giants -- Anwar

From Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- Malaysia has welcomed the proposed US$14.7 billion (US$1=RM4.29) investment by United States (US) technology giants -- Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories, and Boeing.

PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 10 (Bernama) -- Malaysia has called for strengthened cooperation between ASEAN member countries and Australia, particularly in the area of human capital development.

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.

Sapura Resources Appoints Reza Abdul Rahim As Acting MD

KUALA LUMPUR, Oct 10 (Bernama) -- Sapura Resources Bhd have redesignated Reza Abdul Rahim as its executive director and acting managing director (MD) effective today.

AirAsia Drives KLIA To Top Global LCC Megahub Status, Announces New Routes

KUALA LUMPUR, Oct 10 (Bernama) -- AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.

Budget 2025: Reduce Rubber Glove Export Levy By Half, Says Top Glove

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.

Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.