ECRL To Support Road-to-Rail Shift, Remove Up To 90 Container Trucks Per Train

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 21 (Bernama) -- The East Coast Rail Link (ECRL) could remove up to 90 container trucks from the road with every freight train, supporting Malaysia’s shift towards rail-based freight transportation.

NGC Energy Eyes New Markets Following Ownership Change

KUALA LUMPUR, Oct 20 (Bernama) -- NGC Energy Sdn Bhd is looking to expand into new markets and strengthen its position in Malaysia’s liquefied petroleum gas (LPG) sector following a change in ownership of Perangsang Oil & Gas Sdn Bhd (POGSB), one of its shareholders.

Iskandar Malaysia Records RM525.26 Bln In Investments, Shifts Toward High-value Growth

PUTRAJAYA, Oct 20 (Bernama) -- Iskandar Malaysia is now focusing on high-value investments and strengthening the regional economic ecosystem after recording total investments of RM525.26 billion since its establishment 20 years ago.

Bursa Malaysia's Key Index Ends Slightly Higher On Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst.

SME Bank To Channel RM2.8 Bln Into Enterprise Development Under Budget 2027

KUALA LUMPUR, Oct 20 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) welcomes approximately RM2.8 billion mandate received under Budget 2027 to strengthen Malaysian enterprises across seven priority sectors.

IHH Healthcare Share Prices Rise On Acquisition Move

KUALA LUMPUR, Oct 20 (Bernama) -- Shares prices of IHH Healthcare Bhd rose on Tuesday on its acquisition of Afiniti Wellness in Medini, Iskandar Puteri, Johor. 

MMAG Unit To Dispose Of Boeing B737-400SF Aircraft For US$2.8 Mln

KUALA LUMPUR, Oct 19 (Bernama) -- MMAG Holdings Bhd’s (MMAG) indirect subsidiary, MJets Air Sdn Bhd, is disposing of a Boeing B737-400SF aircraft to Mont Gabanon Airlines (MGA) for US$2.8 million in cash.

Bursa Malaysia's Key Index Ends Below 1,600 Support Level, Banking Stocks Weigh

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index extended its decline to close below the 1,600 support level as persistent foreign selling weighed on banking heavyweights, said an analyst.  

TNB, PTP In Strategic Partnership To Power Malaysia's Net-Zero Aspiration

KUALA LUMPUR, Oct 19 (Bernama) -- Tenaga Nasional Bhd (TNB) has entered into a strategic partnership with Port of Tanjung Pelepas (PTP), a member of the MMC Group, to support Malaysia’s decarbonisation agenda and enhance sustainability compliance via greater renewable energy adoption under the Green Electricity Tariff (GET) programme.

DNB To Accelerate 5G Adoption, Drive Business Gains

KUALA LUMPUR, Oct 19 (Bernama) -- Digital Nasional Bhd (DNB) will work with its mobile network operator shareholders, customers and technology partners to accelerate 5G adoption and bring practical solutions to market, helping businesses improve efficiency, reduce costs and reach wider markets.

Malaysia Among Asian Markets Recording Net Selling -- MBSB IB

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia was among Asian markets that recorded net foreign institutional outflows last week, with foreign institutions extending their net selling streak on Bursa Malaysia to four consecutive weeks, amounting to RM270.2 million (US$1=RM4.0790), according to MBSB Investment Bank Bhd (MBSB IB).

Robotics, Autonomous Vehicle Firms Sign Four Collaborations To Set Up, Run Pilots In Selangor

KUALA LUMPUR, Oct 17 (Bernama) -- Robotics and autonomous vehicle companies have signed four collaborations with the Selangor Information Technology & Digital Economy Corporation (Sidec) to set up and run pilot projects in Selangor.