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Xsolla: Local Payments Key To Southeast Asia Gaming Growth

KUALA LUMPUR, Oct 30 (Bernama) -- Indonesia, Thailand and Vietnam generated about US$3.8 billion in video game revenue, or 68.5 per cent of Southeast Asia’s spending on mobile and personal computer (PC) games, according to a report by global video game commerce company Xsolla and Niko Partners. (US$1 = RM4.05)

SSER, CEXIM Sign RM5 Bln Loan Repurposing Agreement For NPWSS Financing

KUALA LUMPUR, Oct 30 (Bernama) -- Suria Strategic Energy Resources Sdn Bhd (SSER), a Minister of Finance Incorporated company, and the Export-Import Bank of China (CEXIM) today signed a loan repurposing agreement valued at RM5 billion to finance the Northern Perak Water Supply Scheme (NPWSS).

Alushibe To Bring 12 International Food Brands To Libya

KUALA LUMPUR, Oct 30 (Bernama) -- Libya’s Alushibe Holding Group announced its plan to bring 12 international food and beverage brands to the country by 2028 via its Retail & Destinations division, beginning with Turkish ice cream and patisserie chain MADO.

Shell Completes Transfer Of Indonesian Petrol Station Business To Sefas Group

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 30 (Bernama) -- Shell Indonesia has completed the transfer of its petrol station business to Indonesian company SEFAS Group, covering approximately 200 outlets nationwide, while retaining the Shell brand under a licensing agreement.

MATRADE Encourages Malaysian Companies To Explore High-Value Technology Opportunities In China

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysian companies are encouraged to explore collaboration opportunities in China's high-value technology sectors, particularly artificial intelligence (AI), the digital economy and green technology, in line with the country's development priorities for 2026 to 2030.

HSBC Upgrades Malaysia's 2026 GDP Growth To 5.5 Pct

KUALA LUMPUR, Oct 30 (Bernama) -- HSBC has upgraded Malaysia’s 2026 economic growth to 5.5 per cent from 5.2 per cent, the third consecutive year above the five per cent threshold, according to HSBC. 

Bursa Malaysia Slips After Higher Opening

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia slipped into negative territory on Friday after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings.

Ringgit Opens Higher Against US Dollar For 10th Consecutive Day

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants

KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking losses on the US Commodity Exchange (COMEX).

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.