Menos AI Secures US$5.1 Mln Financing, Total Funding Tops US$10 Mln

KUALA LUMPUR, Sept 29 (Bernama) -- Menos AI has announced a new US$5.1 million Pre-A financing, bringing the total funding to more than US$10 million, led by returning investor Copper Sky Capital, with participation from Alpha Square Group. (US$1 = RM4.08)

Cargill Invests Over US$130 Mln To Expand Asia Poultry Operations

KUALA LUMPUR, Sept 29 (Bernama) -- Cargill has announced an investment of more than US$130 million over the next two years to expand its poultry operations across Asia, driven by growing global protein demand and consumer appetite for high-quality cooked poultry products. (US$1 = RM4.08)

BNM Considers Greater Risk-taking To Support Energy Transition - Governor

KUALA LUMPUR, Sept 29 (Bernama) -- Bank Negara Malaysia (BNM) is considering giving financial institutions more room to take on higher risks responsibly to support the energy transition, Governor Datuk Seri Abdul Rasheed Ghaffour said.

GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

Nanning Competition Awards Innovation And Entrepreneurship Projects, Boosts ASEAN Focus

KUALA LUMPUR, Sept 29 (Bernama) -- The ninth China·Nanning Overseas Talent Innovation and Entrepreneurship Competition 2026 concluded in Nanning, awarding six first prizes, 10 second prizes, 14 third prizes, 20 excellence awards and five ASEAN Cooperation Potential Awards.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

By Niam Seet Wei

KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business. 

New Automotive Investors Could Replace BYD In Tanjong Malim - Perak MB

IPOH, Sept 28 (Bernama) -- Perak has confirmed that several automotive companies are interested in investing in KLK TechPark in Tanjong Malim, potentially replacing Chinese electric vehicle (EV) maker BYD Company Ltd, which previously withdrew from the project.

PM Anwar Urges Malaysian Companies To Expand In Saudi Arabia

KUALA LUMPUR, Sept 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged more Malaysian companies to expand their presence in Saudi Arabia and pursue collaborations that benefit both countries.

Malaysia Entering More Supportive Water Investment Cycle -- CIMB Securities

KUALA LUMPUR, Sept 28 (Bernama) -- Malaysia is entering a more supportive water investment cycle as ageing infrastructure, high water losses and rising industrial and data centre demand, as well as greater climate variability are increasing the urgency to improve water efficiency, reliability, and resilience.

Sunsuria Unit To Sell Dengkil Land for RM316.84 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Sunsuria Bhd’s 99.99 per cent-owned subsidiary, Sunsuria City Sdn Bhd, has entered into a sale and purchase agreement (SPA) with Amazon Data Services Malaysia Sdn Bhd to dispose of a parcel of land in Dengkil, Selangor, for approximately RM316.84 million in cash.

Poh Kong FY2026 Net Profit Jumps 60 Pct To RM193.37 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Poh Kong Holdings Bhd’s net profit rose 59.7 per cent to RM193.37 million for the financial year ended July 31, 2026 (FY2026), from RM121.10 million a year earlier.

Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said.