LATEST NEWS   Govt to consider measures to improve GLCs/GLICs governance, management, including introducing legislative proposal – PM Anwar | The government has not identified, thus far, any governance breaches within GLCs and GLICs comparable to the 1MDB and Tabung Haji cases -- PM Anwar | Parliament: GLICs, GLCs safeguarding the interests of Bumiputeras and Muslims must set an example of good governance, integrity - PM | Parliament: Proposal to table Government-Owned Entities Bill to strengthen governance of GLICs, GLCs, prevent misconduct and misappropriation - PM | Parliament: Govt bans political interference in GLIC investments and projects, ensures decisions are made professionally - PM | 

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Fusion Energy Start-Up Hephaestus Emerges With US$17.2 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- London-based fusion energy start-up Hephaestus has emerged from stealth, having raised US$17.2 million to date, with its latest funding round led by CiRi Ventures. (US$1 = RM4.07)

Malaysia’s States Offer Diverse Investment Opportunities For Singapore Businesses – High Commissioner

By Anas Abu Hassan

SINGAPORE, Oct 22 (Bernama) -- Malaysia continues to offer distinct advantages across different states in attracting Singaporean investors as it strengthens its position in global supply chains, said Malaysia’s High Commissioner to Singapore, Datin Paduka Anizan Siti Hajjar Adnin.

KUSKOP Tightens Oversight Of Foreign e-Commerce Platforms To Protect Local MSMEs

KUALA LUMPUR, Oct 21 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) is coordinating efforts to ensure fair competition by strengthening oversight of foreign e-commerce platforms and enhancing the competitiveness of micro, small and medium enterprises (MSMEs).

Interactive Brokers Enables AI Trade On Clients’ Behalf

KUALA LUMPUR, Oct 22 (Bernama) -- Interactive Brokers has launched a new capability that allows eligible clients authorise connected artificial intelligence (AI) platforms to trade on their behalf across more than 75,000 listed stocks, options and exchange-traded funds (ETFs) worldwide, without approving each order individually.

Pantheon Closes Secondaries Fund At US$6 Bln, Beating Target

KUALA LUMPUR, Oct 22 (Bernama) -- Pantheon, a global private markets investor, has closed its latest flagship private equity secondaries fund at US$6 billion, well above its US$3.5 billion target. (US$1 = RM4.07)

Orgabio’s Two Additional Production Lines Operating At 70 Pct Utilisation

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Orgabio Holdings Bhd’s two additional production lines are operating at about 70 per cent utilisation rate, and this has strengthened its manufacturing capabilities to accommodate customers’ beverage premix requirements.