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Zetrix AI Confirms No Payment Default Has Occurred Amid Potential Sukuk Covenant Breach

KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.

Transport Sector Must Prioritise Growth, Environmental Sustainability - Loke

KUALA LUMPUR, Oct 22 (Bernama) -- The future of transport must support long-term economic growth while responding responsibly to environmental challenges, according to the Ministry of Transport (MoT). 

Synology Records Double-Digit Sales Growth In Malaysia On Rising Govt, Healthcare Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwanese technology company Synology Inc has recorded strong double-digit sales growth in Malaysia thus far this year, driven by increased demand for its data storage solutions from government and healthcare organisations.

Malaysia Retains Top Spot In Global Islamic Finance Development Rankings For 14th Consecutive Year

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).

Harbour-Link Unit To Acquire Two Container Vessels For RM56.68 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- Harbour-Link Group Bhd’s 85 per cent-owned subsidiary Harbour-Link Lines Sdn Bhd has entered into two separate sale and purchase agreements with Sapor Shipbuilding Industries Sdn Bhd to acquire two vessels worth RM56.68 million.

Taiwan’s CTBC Bank Wins Three CorporateTreasurer Awards In Singapore

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwan’s CTBC Bank has won three awards at The CorporateTreasurer Awards 2026 in Singapore, including Best for FX/Hedging Solutions – North Asia, marking its fifth recognition from the publication.

Ringgit Ends Easier vs US Dollar, Major Currencies Ahead of FOMC Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit closed lower against the greenback and other major currencies on Thursday as investors remained cautious ahead of next week’s two-day US Federal Open Market Committee (FOMC) meeting.

Kerjaya Prospek Consortium Secures RM568.19 Mln TNB Contract

KUALA LUMPUR, Oct 22 (Bernama) -- Kerjaya Prospek Group Bhd, through a consortium involving its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPMSB), has secured a RM568.19 million contract from Tenaga Nasional Bhd (TNB) for the execution and establishment of Paka GIS in Terengganu.

YYForce Unveils NVIDIA-Powered Robotics Software For Hotels

KUALA LUMPUR, Oct 22 (Bernama) -- YYForce Inc (YYForce), a workforce solutions provider, has announced its strategic plans to develop Workforce OS, a robotics operating system built on NVIDIA computing and robotics technology, starting with deployments in hotels.

KL Rubber Market Closes Mixed Amid Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, as firmer regional rubber futures supported sentiment, while subdued demand from China’s tyre manufacturing sector capped further upside, a dealer said.

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.