Bursa Malaysia Extends Loss At The Close Amid Downbeat Regional Performance

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.

Kao Inks MoU With C.P. Group To Promote Sustainable Future In Thailand

KUALA LUMPUR, Sept 30 (Bernama) -- Kao Corporation has signed a memorandum of understanding (MoU) with Charoen Pokphand (C.P.) Group, Thailand's leading conglomerate, to collaborate on promoting a sustainable future in Thailand.

GLICs Reiterate Commitment To Support MADANI Economy Framework

JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.

AmBank Grants RM193 Mln Financing For Senibong Cove Project

KUALA LUMPUR, Sept 30 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has granted financing facilities totalling RM115 million to Senibong Cove Development Sdn Bhd and RM78 million to JBB Builders (M) Sdn Bhd, the appointed contractor for the reclamation of 60.7 hectares of waterfront land in Senibong Cove, Johor Bahru.

CelcomDigi Inks MoU With South Korea's SK Telecom To Collaborate On AI Initiatives

SEOUL, Sept 30 (Bernama) -- CelcomDigi Bhd and South Korea’s leading wireless telecommunications operator, SK Telecom Co Ltd, have inked a memorandum of understanding (MoU) to collaborate on artificial intelligence (AI) initiatives.

National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

Nikkiso CE&IG Receives Ammonia Fuel Supply System Approval From ABS

KUALA LUMPUR, Sept 30 (Bernama) -- Nikkiso Clean Energy & Industrial Gases (CE&IG), part of Nikkiso Co Ltd Industrial Division has received approval in principle (AIP) from ABS for a new ammonia fuel supply system (FSS).

BUSINESSNEXT-MongoDB Collaboration Powering Autonomous Operations In Financial Services

KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.

Malaysia-designed Thada EV Motorcycles Rev Up Market Momentum in Cambodia

From Vijian Paramasivam

PHNOM PENH, Sept 30 (Bernama) --  Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia's growing green transportation system with its Thada brand electric motorcycles.

Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.

MAVCOM Reports 32 Pct Drop In Complaints For 1H2024

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.

Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge

KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia).