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Frontken's Unit To Acquire Industrial Land, Factory Buildings For RM118 Mln

KUALA LUMPUR, Sept 15 (Bernama) -- Frontken Corporation Bhd’s (FCB) major subsidiary Ares Green Technology Corporation (AGTC) is acquiring industrial land and the factory buildings erected thereon from Ginwin Technology Co Ltd for RM118.16 million cash.

Bursa Malaysia Ends Lower Ahead Of FOMC Decision, Amid Higher Oil Prices

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision tomorrow and soaring oil prices.

ZEISS Unveils Hybrid 3D X-ray Microscope For Multi-Scale Imaging

KUALA LUMPUR, Sept 15 (Bernama) -- ZEISS, a technology enterprise operating in the fields of optics and optoelectronics, has introduced ZEISS VersaXRM 5 Insight, a hybrid 3D X-ray microscope designed to help researchers and engineers analyse samples faster.

YTL Power, Ganda Power Secure Four Additional Siemens Energy Gas Turbine Units 

KUALA LUMPUR, Sept 15 (Bernama) -- YTL Power International Bhd, Ganda Power and Siemens Energy have signed reservation agreements for four additional SGT-9000HL gas turbine units. 

Malaysia Agrees In Principle To Support Maldives' US$100 Mln Facility Request – PM Anwar

From Mohd Fharkhan Abdul Ghapar

MALÉ (MALDIVES), Sept 15 (Bernama) -- Malaysia has agreed in principle to support the Maldives’ application for a US$100 million (US$1=RM4.07) financing facility, which Prime Minister Datuk Seri Anwar Ibrahim described as a form of soft loan to be implemented through both countries’ monetary authorities.

DPI To Present Data Centre Infrastructure Solutions At Tech Week Singapore

KUALA LUMPUR, Sept 15 (Bernama) -- Datalec Precision Installations (DPI) announced that it will showcase the connectivity, deployment and infrastructure solutions for next-generation data centres at Tech Week Singapore from Sept 29 to 30.

NCER Hopes For More Balanced, Strategic Allocations Under Budget 2027

PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) is seeking more balanced and strategic allocations under Budget 2027 to spur development in less-developed areas of the northern region and support growth in sectors beyond manufacturing.

EMGA Arranges US$80 Mln Club Loan For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Sept 15 (Bernama) -- London-based Emerging Markets Global Advisory LLP (EMGA) has led a US$80 million club loan financing for Uzbekistan’s Ipak Yuli Bank, funded by OeEB, CDP and Allianz Global Investors (AGI). (US$1 = RM4.07)

NCER Explores EV, Automotive Investments As Part Of RM470 Bln Target

PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) is exploring opportunities in the electric vehicle (EV) and automotive sectors as part of efforts to diversify investments beyond its strong electrical and electronics (E&E) and semiconductor base.

Gold To Stay At US$4,000-US$5,000 Range Over Next Few Years -- Malaysia Gold Association

BATU KAWAN, 15 Sept (Bernama) -- Gold prices are expected to remain range-bound between US$4,000 and US$5,000 per troy ounce over the next one to two years, with the precious metal currently trading at around US$4,350 per troy ounce, said the Malaysia Gold Association. 

Penang Must Explore Setting Up Gold Bazaar To Strengthen Financial Hub Aspiration -- Sim

BATU KAWAN, Sept 15 (Bernama) -- Penang should consider exploring the establishment of a gold bazaar and potentially a gold storage facility as part of efforts to develop the state into a regional gold hub, said Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong.

NCER Targets RM470 Bln Investment Realisation By 2030

PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) aims to realise a cumulative investment of RM470 billion by 2030, with 70 per cent of it contributed by key sectors such as electrical and electronics, automotive, high-value tourism and modern agriculture.