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Economy

BitAuto: Malaysian Search Interest Jumps 5,000 Pct During Tour

KUALA LUMPUR, Oct 27 (Bernama) -- Automotive information platform, BitAuto announced that Google Trends search interest in its name in Malaysia rose by more than 5,000 per cent during its China-Malaysia Automotive Cultural Exchange Tour, which ended with a five-day showcase.

Strengthen Energy Security, Accelerate Power Grid Development - ASEAN Sec-Gen

From Rosemarie Khoo Mohd Sani

SINGAPORE, Oct 27 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) must strengthen energy security, accelerate regional electricity connectivity and mobilise investment for energy projects to meet growing demand and improve the region’s resilience, said its Secretary-General Dr Kao Kim Hourn.

STR, SARA To Help Households Cope With Rising Living Costs, A Short-Term Assistance

KUALA LUMPUR, Oct 27 (Bernama) -- The Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) assistance programmes must remain short-term measures rather than permanent features, as they are designed to help households cope with rising living costs and maintain their purchasing power, an economist said.

BNM, ISDB Discuss Future Collaboration On Islamic Finance, Sustainable Development

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM)’s governor Datuk Seri Abdul Rasheed Ghaffour has met with the Islamic Development Bank (IsDB) group chairman Dr Muhammad Al Jasser to discuss ongoing and future collaboration between the two parties.

Aneka Jaringan Unit Bags RM53.35 Mln Bored Piling Contract

KUALA LUMPUR, Oct 26 (Bernama) -- Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB), has accepted a letter of award (LoA) worth RM53.35 million for bored piling works at Rio City Town Centre, Puchong, Selangor.

Citaglobal To Divest Entire 20 Pct Stake In Manjaran To BProperty For RM50 Mln In Shares

KUALA LUMPUR, Oct 26 (Bernama) -- Citaglobal Bhd has entered into a conditional agreement to sell its entire 20 per cent stake in Manjaran Sdn Bhd to Berjaya Property Bhd (BProperty) for RM50 million, which will be fully paid in BProperty shares.

Japan's Seafood Exports To Malaysia Surge 40 Pct as Premium Products Demand Grows

By Christine Lim

KUALA LUMPUR, Oct 26 (Bernama) -- Japanese seafood exports to Malaysia rose by about 40 per cent in the first eight months of 2026, driven by stronger demand for premium products and growing consumer appreciation of Japanese cuisine.

Nuclear Power Offers Energy Security Option Amid Global Crisis -- IEA

From Rosemarie Khoo Mohd Sani

SINGAPORE, Oct 26 (Bernama) -- Nuclear energy can offer countries an option to strengthen long-term energy security amid global supply disruptions, said International Energy Agency (IEA) executive director Dr Fatih Birol.

Pansar Unit Secures RM170.86 Mln Subcontract For Samalaju Water Infrastructure Project

KUALA LUMPUR, Oct 26 (Bernama) -- Pansar Bhd’s wholly-owned subsidiary, Perbena Emas Sdn Bhd, has accepted a letter of acceptance from KKB Engineering Bhd for civil and structural subcontract works worth RM170.86 million. 

New Financial Sector Blueprint Eyes Bigger Role For Islamic Finance In Malaysia’s Economic Transformation -- BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) wants Islamic financial institutions to play a greater role in financing the country's next phase of economic transformation, an aspiration that would be reflected in the financial sector blueprint planned in 2027.

Vietnam-Malaysia-Singapore Renewable Energy Project Secures Singapore's Conditional Approval

KUALA LUMPUR, Oct 26 (Bernama) -- The Vietnam-Malaysia-Singapore (VMS) renewable electricity initiative has reached an important milestone, with Singapore’s Energy Market Authority (EMA) granting conditional approval to Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries, the designated importer for the proposed project, said a joint statement.

Sibu SEZ: Better Air Links, High-Tech Infrastructure Key To Attracting Investors

SIBU, Oct 26 (Bernama) -- Improved air connectivity and high-tech infrastructure must be prioritised under the proposed Sibu Economic Zone (SEZ) to attract investment, skilled talent and high-value industries to central Sarawak, says local entrepreneur Dr Gregory Hii Sui Cheng.