Fortrea Expands Early-Phase Trial Capacity With US$45 Mln Deal

KUALA LUMPUR, Oct 20 (Bernama) -- Contract research organisation Fortrea has completed its acquisition of the Early Phase Services division from Worldwide Clinical Trials, in an all-cash transaction valued at approximately US$45 million. (US$1 = RM4.07)

PAKW Should Be Used As Vital Reference For Value Of Household Income Adequacy -- Akmal Nasrullah

PUTRAJAYA, Oct 20 (Bernama) -- The Basic Expenditure of Decent Living (PAKW) should be utilised as an important reference in assessing the adequacy of household income and designing more targeted economic interventions, particularly to address differences in the cost of living according to location and family composition.

Malaysia Needs Up To 2,000 MW Additional RE Capacity To Achieve 2030 Target -- SEDA

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia needs an additional 1,500 to 2,000 megawatts (MW) of installed renewable energy (RE) capacity to reach its 35 per cent installed RE capacity target by 2030, said the Sustainable Energy Development Authority (SEDA).

SKA Capital To Raise RM72.3 Mln From IPO To Pursue Larger Power Infrastructure Projects

KUALA LUMPUR, Oct 20 (Bernama) -- Power infrastructure engineering solutions provider SKA Capital Bhd aims to raise RM72.3 million from its initial public offering (IPO) to strengthen its ability to undertake multiple projects concurrently and compete for larger, higher-value power infrastructure contracts.

AirAsia Shares Slide 3.29 Pct Amid Funding Uncertainty, Rising Fuel Costs

KUALA LUMPUR, Oct 20 (Bernama) -- AirAsia Group Bhd shares dipped 3.29 per cent amid the airline's ongoing financial woes following the spike in jet fuel prices due to the West Asia conflict.

SHACMAN Targets Overseas Growth, New Energy Trucks

KUALA LUMPUR, Oct 20 (Bernama) -- SHACMAN, a Chinese maker of heavy-duty trucks, commercial vehicles and automotive components, outlined plans to expand overseas and strengthen its new energy business at its Worldwide Partnership Conference & GlobeFest in Xi’an on Oct 15.

SME Bank To Channel RM2.8 Bln Into Enterprise Development Under Budget 2027

KUALA LUMPUR, Oct 20 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) welcomes approximately RM2.8 billion mandate received under Budget 2027 to strengthen Malaysian enterprises across seven priority sectors.

CPO Export Tax Waiver Seen As Timely To Address Excess Supply

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia’s proposed crude palm oil (CPO) export tax waiver of 10 per cent for November is seen as a timely measure to address excess supply and improve export competitiveness, said Public Investment Bank Bhd (PIVB).

High Oil Prices Support Malaysia’s Export Earnings -- CGSI

KUALA LUMPUR, Oct 20 (Bernama) -- Elevated oil prices continue to support Malaysia’s petroleum product and liquefied natural gas (LNG) exports, further boosting export earnings, CGS International Securities Malaysia Sdn Bhd (CGSI) said.

Lazada Malaysia Records 20 Pct Rise In Brands On Platform

KUALA LUMPUR Oct 20 (Bernama) -- Lazada Malaysia recorded a nearly 20 per cent year-on-year increase in the number of brands on its platform to 21,756 in September 2026, from 18,147 last year.

Why More Property Investors Are Handing The Keys To Hotel Operators

KUALA LUMPUR, Oct 21 (Bernama) -- As one walks through Kuala Lumpur today, the signs of momentum are hard to miss. The city is alive with new luxury openings, rising occupancy and a steady stream of capital moving into hospitality assets that, not long ago, would have been considered a niche corner of the property market.

Chery’s LUXEED Demonstrates Driverless Parking To Global Media

KUALA LUMPUR, Oct 20 (Bernama) -- Chery Group’s LUXEED brand wrapped up its Global Media Test Drive with a live demonstration of its Super Intelligent Valet Parking (SIVP) system, which parks and retrieves cars without a driver.