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Chery’s LEPAS To Unveil Concept Car, Design Language 

KUALA LUMPUR, Oct 15 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS will hold the world premiere of its LEPAS Concept Car and unveil the Next-Generation Leopard Aesthetics design language at its first Global Elegant Lifestyle Week.

KUSKOP To Empower SMEs Through Global E-commerce Support

KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) will strengthen support for Malaysian small and medium enterprises (SMEs) to expand into global markets through e-commerce platforms, overseas regulatory guidance and product promotion.

 

 

Gamuda's Shares Up After Securing Taiwan MRT Contract

KUALA LUMPUR, Oct 15 (Bernama) -- Gamuda Bhd’s shares rose on Bursa Malaysia after announcing that its joint venture (JV) with Taiwan-based MiTAC Information Technology Corp has secured a RM3.7 billion contract to build the Keelung Mass Rapid Transit (MRT) system and trackwork in Taiwan.

Need For Generation, Grid Investment To Support Malaysia’s Energy Transition - TNB

KUALA LUMPUR, Oct 15 (Bernama) -- Tenaga Nasional Bhd (TNB) said there is a need for substantial investment in power generation and grid modernisation to support Malaysia’s changing energy mix while maintaining affordable, reliable and secure electricity supply.

Budget 2027 To Drive M&E Industry Towards Higher-value Activities, Enhance Competitiveness -- MEIF

KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Genting To Allocate RM280 Mln From Rights Issue For Interest, Financing Costs

KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

SAIC Motor Malaysia To Launch Locally Assembled MG ZS SUV This Month From RM105,000

KUALA LUMPUR, Oct 14 (Bernama) -- SAIC Motor Malaysia Sdn Bhd plans to introduce the locally assembled MG ZS sport utility vehicle (SUV) in Malaysia by the end of October, with two variants available: the MG ZS 1.5 Turbo and MG ZS Hybrid+.

CPO Futures Close Higher On Stronger Export Demand, Energy Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.

Allocate Existing Tech Fund To Support Penang's Financial Hub Development -- Chow

KUALA LUMPUR, Oct 14 (Bernama) – A proposal to allocate a portion of existing technology and semiconductor funds to Malaysian technology companies via the Penang Technology Financial Centre (PTFC) — thereby supporting Penang's development as the nation's technology financial hub — was among the points raised at the policy-level debate on the Supply (Budget) Bill 2027 in the Dewan Rakyat today.

Malaysia Leveraging National Fraud Portal In Fight Against Digital Scams

By Kenny Teng Khoon Hock

BANGKOK, Oct 14 (Bernama) -- Malaysia’s National Fraud Portal is a key tool in combating digital financial scams by enabling faster fund tracing and recovery through coordinated action among financial institutions.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).