Corporate : page=2

Labuan Chamber Seeks Targeted Tax Relief, Clearer Policies After Budget 2027

By Jailani Hasan

LABUAN, Oct 13 (Bernama) -- The Labuan Chamber of Commerce has called for targeted tax relief and clearer policies to address the island’s business challenges following the announcement of Budget 2027, particularly those affecting local producers and small and medium enterprises (SMEs).

Ringgit Ends Marginally Lower Against US Dollar Ahead Of US Inflation Data

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit closed slightly lower against the US dollar on Tuesday as investors remained cautious ahead of the United States inflation data due tomorrow, an analyst said.

HIS TIZA To Buy 30 Pct Stake In Mentiga For RM21 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- HIS TIZA Pahang Sdn Bhd (HTP) is acquiring a 30 per cent stake in Pahang-based plantation group Mentiga Corporation Bhd for RM21 million in cash from its largest shareholder, Amanah Saham Pahang Bhd (ASPA).

RedPlanet’s IPO Public Portion Oversubscribed 85.28 Times

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

Toshiba Launches Four eFuse ICs For Low-Voltage Power Protection

KUALA LUMPUR, Oct 13 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba), a supplier of advanced semiconductor and storage solutions, has launched four electronic fuses (eFuse ICs) under its TCKE5 Series, integrating multiple functions to protect power supply lines.

Budget 2027's 3.3 Pct Fiscal Deficit Target Achievable - Tengku Zafrul

By Karina Imran

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia is capable of achieving its fiscal deficit target of 3.3 per cent of gross domestic product (GDP) under Budget 2027, provided the assumptions underpinning the budget hold amid global economic and geopolitical uncertainties, said Tengku Datuk Seri Zafrul Abdul Aziz.

Vantiva Unveils 50G PON Device For Ultra-High-Speed Fibre Networks

KUALA LUMPUR, Oct 13 (Bernama) -- Vantiva, a global technology leader in connected home solutions, has unveiled a 50-gigabit passive optical network (50G PON) optical network terminal (ONT) designed to support higher-capacity fibre broadband networks and future data demands.

Malaysia Airlines Cancels Jeddah, Madinah Flights Until Oct 17

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia Airlines has cancelled all flights connecting Kuala Lumpur and Johor Bahru with Jeddah and Madinah in Saudi Arabia from Oct 12 to 17 as a precautionary measure following recent attacks on airports in the country.

Sarawak Water Project Execution Set To Accelerate -- CIMB Securities

KUALA LUMPUR, Oct 13 (Bernama) -- Water project execution in Sarawak is expected to accelerate due to the streamlined governance structure following the consolidation of the state’s water agencies.

Rubber Market Ends Mixed Tracking Regional Rubber Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking regional rubber futures amid lower benchmark crude oil prices.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

J&T Express, Asia Aero Network Extend Air Cargo Partnership To 2030

KUALA LUMPUR, Oct 13 (Bernama) -- J&T Express Malaysia and Asia Aero Network have extended their air cargo charter partnership until 2030 under an agreement signed today.