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Cabotage Flexibility Could Ease Sabah's Shipping Costs

LABUAN, Oct 23 (Bernama) -- A time-bound exemption to Malaysia’s cabotage policy could help ease Sabah’s long-standing shipping imbalance and high logistics costs, drawing lessons from similar policy adjustments in the United Kingdom (UK) and Indonesia.

Appian, IFC Launch US$1 Bln Mining Fund For Emerging Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Appian Capital Advisory Limited (Appian), the investment advisor to long-term value-focused private capital funds, has launched a critical minerals, metals and mining fund for emerging markets in partnership with International Finance Corporation (IFC), a member of the World Bank Group.

FBM KLCI Closes Higher As Bursa Plays Catch-up To Regional, Global Uptrend

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia’s key index closed higher on Tuesday as the local bourse played catch-up to the regional and global uptrend a day after returning from the Deepavali break.

Sarawak's Rubber Industry Transformation Opens New Chapter In State's Commodity Sector

SIBU, Oct 21 (Bernama) -- The transformation of Sarawak's rubber industry through community and corporate collaboration will open a new chapter in strengthening the state's commodity sector, said Sarawak's Minister for Food Industry, Commodities and Regional Development, Datuk Seri Dr Stephen Rundi Utom.

Malaysia On Track To Turn Energy Transition Into ASEAN Economic Advantage — UEM Lestra

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 17 (Bernama) -- As the energy transition becomes a competitive necessity across the ASEAN region, Malaysia already has clear policies in place to turn it into an economic advantage with the focus now shifting towards execution, said UEM Lestra Bhd.

Batik Air To Launch Direct Flights From Penang To Medan And Singapore

GEORGE TOWN, Oct 17 (Bernama) -- Batik Air will introduce two new international routes connecting Medan and Singapore directly to Penang starting Dec 8, further boosting regional tourism and air connectivity.

Taiwanese Startups Forge Smart Partnerships With Selangor Through Startup Challenge 2025

KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan and Malaysia have strengthened their collaboration in technology and innovation through the Startup Challenge 2025, which saw four outstanding Taiwanese startups advance to the City Category final organised by Taiwan’s Small and Medium Enterprise and Startup Administration (SMESA).

TNB Calls For Stronger ASEAN Cooperation To Advance Regional Power Grid And Energy Transition

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 17 (Bernama) -- Tenaga Nasional Bhd (TNB) has called for deeper regional cooperation among ASEAN utilities to harmonise regulations, modernise grids, and strengthen collective efforts towards a just and sustainable energy transition.

KWAP Unveils RM2 Bln Dana Iklim+ To Accelerate Nation’s Net Zero Transition

KUALA LUMPUR, Oct 16 (Bernama) — Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has unveiled a climate-focused investment fund, Dana Iklim+, with a target deployment of RM2 billion to accelerate Malaysia’s transition towards a low-carbon and climate-resilient economy.

Multiply Group Proposes Merger With 2PointZero, Ghitha Holding Via Share Swap

KUALA LUMPUR, Oct 16 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has announced board approval for a major share swap deal to acquire 2PointZero and Ghitha Holding, a move that could reshape its investment portfolio and boost its capital base to 8.64 billion Emirati dirhams. (100 Emirati dirhams = RM115.10)

PMB Investment Declares 1.56 Sen Per Unit Distribution For PMB Dana Bestari

KUALA LUMPUR, Oct 16 (Bernama) -- PMB Investment Bhd, an Islamic fund management company (IFMC) under Pelaburan MARA Bhd, has declared an income distribution of 1.56 sen per unit, amounting to a total gross distribution of RM3,210,618.35 for the PMB Dana Bestari for the financial year ended Sept 30, 2025.

Malaysia’s GDP Growth To Stay Above 4 Pct Through 2026 -- MARC Ratings

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to sustain growth of above four per cent in 2025 and 2026, driven by resilient domestic demand, major infrastructure projects and ongoing structural reforms, Malaysian Ratings Bhd said.