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Economy

Malaysia's Services Producer Price Index Up 3.6 Pct In 3Q 2026

KUALA LUMPUR, Nov 6 (Bernama) -- Malaysia’s services producer price index (SPPI) increased by 3.6 per cent in the third quarter of 2026 (3Q 2026), up from 2.9 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

Saudi Fund For Development Inks Over US$403 Mln Loans To Rebuild Syria

KUALA LUMPUR, Nov 6 (Bernama) -- The Saudi Fund for Development (SFD) has signed six concessional development loan agreements worth over US$403 million with Syria, to rebuild infrastructure and restore public services damaged by years of conflict. (US$1 = RM4.04)

ArrayPatch Raises 3.2 Mln Euros For Diabetes, Obesity Microneedle Patch

KUALA LUMPUR, Nov 6 (Bernama) -- Biotech company, ArrayPatch Ltd (ArrayPatch) has completed the second close of its seed financing round, securing an additional 1.6 million euros, bringing the total raised to 3.2 million euros, as it develops skin patches that deliver medicine through tiny dissolving needles. (1 Euro = RM4.54)

Scammers Using Fake Websites, Malicious Apps To Impersonate BNM

KUALA LUMPUR, Nov 6 (Bernama) – The public has been warned about scammers impersonating Bank Negara Malaysia (BNM) through fake websites and malicious applications to steal personal and banking information.

Labuan Tuna Industry Player Vivendi Asset Expands Into Brunei 

By Jailani Hasan

LABUAN, Nov 6 (Bernama) -- Labuan's leading tuna industry player, Vivendi Asset Group, is expanding its regional footprint through a major investment in Brunei, where its seafood processing venture is set to become the sultanate's largest.

SeenThis Connects Claude, ChatGPT To Build Video Ads

KUALA LUMPUR, Nov 6 (Bernama) -- Stockholm-based video advertising company, SeenThis has launched SeenThis Studio MCP, which connects artificial intelligence (AI) tools such as Claude and ChatGPT to SeenThis Studio platform, allowing them to build video ads from a single brief.

Rubio, Anwar Discuss Expanding Economic Cooperation Under US-Malaysia CSP

KUALA LUMPUR, Nov 6 (Bernama) -- United States (US) Secretary of State Marco Rubio and Prime Minister Datuk Seri Anwar Ibrahim have discussed ways to expand economic cooperation under the upgraded Malaysia-US Comprehensive Strategic Partnership (CSP).

Malicious Zip Files Can Steal Banking Credentials, Personal Data -- Expert

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Nov 6 (Bernama) -- Suspicious ZIP files circulated through messaging platforms such as WhatsApp could expose users to malware that steals passwords, banking credentials and personal information, said an expert.

MRM Health, Biocodex Partner On 15 Mln Euros Microbiome Medicine Facility

KUALA LUMPUR, Nov 6 (Bernama) -- Biotech company, MRM Health has formed a strategic partnership with French pharmaceutical company, Biocodex, which will invest 15 million euros in a manufacturing facility for microbiome-based medicines. (1 Euro = RM4.54)

JETCO Network Of Over 200 Singapore Stakeholders To Boost Johor Investment

By Hasnah Jusid

JOHOR BAHRU, Nov 6 (Bernama) – The Johor Economic, Tourism and Cultural Office (JETCO) has established a strategic network of at least 200 stakeholders in Singapore as part of efforts to strengthen investment, trade and business ties between Johor and the republic.

BNM Likely To Raise OPR By 25 Basis Points In 2027 - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- A potential 25-basis-point hike in the Overnight Policy Rate (OPR) to 3.0 per cent is expected in the first quarter of 2027 (1Q 2027) amid resilient economic growth and Bank Negara Malaysia’s (BNM) hawkish tone on inflation, said market observers. 

MITI: MEUFTA Intellectual Property Chapter Still Under Negotiation

KUALA LUMPUR, Nov 5 (Bernama) -- Negotiations for the Malaysia-European Union Free Trade Agreement (MEUFTA) are still ongoing, with the Intellectual Property Chapter still under negotiation, although several other chapters have been successfully concluded.