Penang Welcomes New Direct AirAsia Route From Shenzhen

GEORGE TOWN, Oct 29 (Bernama) -- Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state's tourism development.

Bursa Malaysia To Close On Oct 31 For Deepavali Holiday

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on Oct 31, 2024, in conjunction with the Deepavali public holiday.

Malaysia's Green Building Demand Set To Reach 10 Mln Sq Ft Annually : JLL Malaysia

KUALA LUMPUR, Oct 28 (Bernama) -- Demand for green buildings in Malaysia is projected to surge significantly in the coming years, potentially reaching around 10 million square feet annually.

GDS Partners Global Suppliers To Bring In RM1 Bln Investment -- MIDA

KUALA LUMPUR, Oct 28 (Bernama) -- Leading developer and operator of high-performance data centres GDS International exchanged memoranda of understanding (MoUs) with global suppliers in a series of partnerships that will bring an estimated RM1 billion investments for integrated factories and service centres.

Meta Bright's Units Secure RM43.85 Mln Banking Facilities From HLB

KUALA LUMPUR, Oct 28 (Bernama) -- Meta Bright Group Bhd's (MBGB) subsidiaries, Expogaya Sdn Bhd (EXPO) and Jesselton Concrete Sdn Bhd (Jesselton Concrete) have secured banking facilities totalling RM43.85 million from Hong Leong Bank Bhd (HLB) to boost the company’s concrete business segment growth.

China's Beidou Navigation System Boosts Industry, Global Cooperation

KUALA LUMPUR, Oct 28 (Bernama) -- The third International Summit on Beidou Navigation Satellite System (BDS) Applications, which kicked off in Zhuzhou, east-central China’s Hunan Province, from Oct 24 to 25, witnessed the signing and announcement of 142 projects with a total investment of 58.2 billion Chinese yuan. (100 Chinese yuan = RM61.14)

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

Malaysia Positioned As Bridge Between BRICS And Asean For Driving Collaboration

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.

DXN Posts Lower 2Q Net Profit Of RM65.97 Mln

KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.

Ringgit Expected To Rise Five Pct If Kamala Harris Is Elected US President -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran. 

MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains

KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.

Capital A Proposes Capital Reduction Of Up To RM6 Bln

KUALA LUMPUR, Oct 23 (Bernama) -- Capital A Bhd has proposed to reduce its issued share capital by up to RM6 billion as part of a regularisation plan to exit its Practice Note 17 (PN17) status.