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.

MPOB, Sarawak M-FICORD To Hold Technology Transfer Programme On Oct 14

KUCHING, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB), in collaboration with the Ministry of Food Industry, Commodity, and Regional Development Sarawak (M-FICORD), will hold the Sarawak Oil Palm Technology Transfer Programme (TOT Sarawak 2024) here on Oct 14.

Malaysia's Average Rent Climbs 3.9 Pct in 2Q 2024 - Juwai IQI

KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.

World Bank Upgrades Malaysia's Growth Forecast To 4.9 Pct For 2024

By Anas Abu Hassan

KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.

Malaysia Will Voice Its Views Without Fear Or Favour Despite Superpower Membership In BRICS

By Siti Radziah Hamzah and Anas Abu Hassan

KUALA LUMPUR, Oct 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim says Malaysia will continue to voice its views on global issues strongly and without fear or favour if and when it joins the BRICS group of emerging economies whose founding members include Russia and China.

Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers

KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

Govt Wants More Local Tech Companies To Expand Their Business In Malaysia -- Gobind

PUTRAJAYA, Oct 4 (Bernama) -- In the excitement brought about by the surge of foreign investments in Malaysia’s digital economy, the government wants to see more homegrown technology companies “jump on the bandwagon” and expand their businesses in the country, Digital Minister Gobind Singh Deo said.

IIB Partners KILSA Global To Boost South Korean Startups In Southeast Asia

KUALA LUMPUR, Oct 4 (Bernama) -- Iskandar Investment Bhd (IIB) has partnered with Singapore's KILSA Global to accelerate South Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia.

Ringgit Opens Higher vs Greenback AS Investors Await NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

USIM Expert Highlights Pakistan's ICT Potential For Malaysia

KUALA LUMPUR, Oct 3 (Bernama) -- Industry players in the digital and information and communication technology (ICT) sectors should view Pakistan as a market with significant growth potential for their expertise and innovative products.