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Maxis Shares Up At Early Trade Following RM83 Mln Broadband Business Asset Acquisition

KUALA LUMPUR, Oct 26 (Bernama) -- Maxis Bhd’s shares rose at early trade today following the group’s proposed acquisition of  Astro Malaysia Holdings Bhd’s wholly owned subsidiary MEASAT Broadcast Network Systems Sdn Bhd’s (MBNS) broadband business assets for RM83 million.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives traded lower in the early session today.  

Bursa Malaysia Opens Slightly Higher But Falls Thereafter

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but fell thereafter as market sentiment was weighed down by the weaker overnight performance on Wall Street. 

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Malaysia Needs Adequate Power, Grid Capacity To Attract Data Centres - JERA

SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.

Johor Eyes Additional 5 GW Of Solar Energy By 2031 To Meet Data Centre Demand

ISKANDAR PUTERI, Oct 25 (Bernama) -- The Johor government is targeting the generation of about 5 gigawatts (GW) of solar energy over the next four to five years as a long-term solution to meet the surge in electricity demand driven by the rapid growth of the state’s data centre sector.

Linyi International Trade Centre Eyes Greater Participation From Malaysian Companies

From Norhayati Mohd Akhir

LINYI (Shandong), Oct 25 (Bernama) -- The Linyi International Trade Centre in Shandong Province, China, is targeting greater participation from Malaysian companies to expand bilateral trade relations through the provision of a one-stop service ecosystem.

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets. 

Global Investor Chooses Malaysia For US$50 Bln Investment In Tech Sector – Anwar

MELAKA, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today disclosed that a global investor plans to invest US$50 billion (US$1=RM4.08) in the artificial intelligence (AI), new technology and data centre sectors in Sarawak and Peninsular Malaysia.

MyCoverageOKU Facilitates Persons With Disabilities' Access To Insurance, Takaful Info

SHAH ALAM, Oct 24 (Bernama) -- The country’s insurance and takaful industry continues to increase efforts to promote financial inclusion through the launch of MyCoverageOKU, a digital platform that provides easier access to information for persons with disabilities (PwD).

Over 5,000 Sabah Entrepreneurs Have Benefitted From SME-UP Programme - Ewon

KOTA KINABALU, Oct 24 (Bernama) -- A total of 5,879 micro, small and medium enterprise (MSME) entrepreneurs in Sabah have benefited from the SME-UP Assistance Programme implemented from 2017 to 2025, said Deputy Chief Minister III Datuk Ewon Benedick.

Selangor Targets RM90 Bln In Investments This Year -- Amirudin

BANGI, Oct 24 (Bernama) -- Selangor is targeting RM90 billion in investments this year, up from RM80 billion recorded last year, following encouraging investment momentum in the state.