Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.

ACE Market-Bound Supreme Consolidated Aims To Raise RM17.5 Mln From IPO

KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).

ACE Market Debutant Sorento Capital To Expand Into New Construction, Renovation Projects

KUALA LUMPUR, Oct 28 (Bernama) -- Sorento Capital Bhd is set to expand into new construction and renovation markets by targeting additional building segments, including affordable housing, hotels and office buildings, following its debut on the ACE Market of Bursa Malaysia today.

Amphenol Opens New Facility In Penang

KUALA LUMPUR, Oct 26 (Bernama) -- Amphenol DC Electronics Malaysia Sdn Bhd, a global provider of engineering, design, and manufacturing services, has opened its new 70,000 square feet (sq ft) facility in Penang, with the potential for an additional 60,000 sq ft in the second phase. 

Gold Futures Likely To Trade Higher Next Week, Seen Hitting US$2,800 Ahead Of US Election

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as investors brace for heightened volatility ahead of the US presidential election.

Steady Growth And Political Stability Paving The Way For Critical Reforms -- Morgan Stanley

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s recent stability and steady growth are paving the way for the government to implement critical reforms, including the overhaul of costly fuel and power subsidies, said Morgan Stanley Investment Management.

Vast Investment Potential In Sabah Blue Economy - CM Hajiji

KOTA KINABALU, Oct 19 (Bernama) -- Sabah offers immense investment opportunities in the blue economy, said Chief Minister Datuk Seri Hajiji Noor.

Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).

Malaysia Needs Diverse Trading Partners To Explore New Solar Market - MITI

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).

AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

Infrastructure Projects to Dominate Malaysia's Construction Sector - RHB IB

KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).

Shopee Empowers Local Entrepreneurs To Achieve Nationwide Success

KUALA LUMPUR, Oct 15 (Bernama) -- Behind every online purchase is a story of determination, resilience, and dreams realised, said Shopee.