Main Market-bound IOIPG REIT Aims To Raise RM2.1 Bln From IPO

PUTRAJAYA, Nov 3 (Bernama) -- IOI Properties Group Bhd’s real estate investment trust arm IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT) aims to raise RM2.1 billion from its initial public offering (IPO), priced at 96 sen per unit, ahead of its listing on the Main Market of Bursa Malaysia Bhd on Nov 25.

ASEAN DEFA To Open New Market Opportunities For Malaysian Companies

KUALA LUMPUR, Nov 3 (Bernama) -- The ASEAN Digital Economy Framework Agreement (DEFA), slated for signing this November, will offer Malaysian companies strong opportunities to sell and export their products across the 690 million-person ASEAN market.

Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC

KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.

Banks Urged To Explore IP-Backed Financing For Businesses

PETALING JAYA, Nov 2 (Bernama) -- Banking institutions are urged to tap intellectual property (IP)-backed financing to broaden funding opportunities for businesses, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Equinix Appoints Effendi Azmi As Managing Director For Malaysia 

KUALA LUMPUR, Nov 2 (Bernama) -- The world’s digital infrastructure company, Equinix Inc, has appointed Effendi Azmi Hashim as managing director for Malaysia, effective immediately. 

Kenanga Raises Loan Growth Forecast To 5.5-6.0 Pct, Expects OPR To Stay At 2.75 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- Kenanga Investment Bank Bhd has raised its loan growth forecast for this year to a range of 5.5 per cent to six per cent from five per cent to 5.5 per cent, with projections extended into 2027.

Bursa Malaysia Opens Lower As Weak Wall Street Performance Dampens Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by Wall Street’s weaker performance last Friday, which dampened investor sentiment.

CIMB Islamic, PSDC Offer Technical Skills Training To Underprivileged Youth

GEORGE TOWN, Oct 31 (Bernama) -- CIMB Islamic Bank Bhd, in collaboration with the Penang Skills Development Centre (PSDC), has introduced a technical skills training programme to help underprivileged youth secure employment in Malaysia's electrical and electronics (E&E) and manufacturing sectors.

Northern Trust’s Singapore Branch Turns 30, Pledges Continued Investment

KUALA LUMPUR, Oct 29 (Bernama) -- Northern Trust, a wealth management, asset servicing, asset management and banking services provider, is celebrating the 30th anniversary of its Singapore branch, which it set up in 1996 to serve clients across Asia Pacific.

Tencent Cloud Commits To Investing In Malaysia Over Next Three Years

From Harizah Hanim Mohamed

SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud is committed to investing in Malaysia over the next three years, building on its existing cloud region infrastructure, said Nucky Fang, general manager of Tencent Cloud International and Tencent Cloud Malaysia.

Bursa Malaysia Opens Higher For Third Consecutive Day

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher for the third consecutive day on Thursday, tracking overnight gains on Wall Street after the United States Federal Reserve (Fed) kept interest rates unchanged at 3.75 per cent to 4.00 per cent.

Total RM3.8 Bln Financing Approved To Benefit About 6,800 SME Accounts

KUALA LUMPUR, Oct 28 (Bernama) -- Financing totalling RM3.8 billion under Bank Negara Malaysia’s (BNM) SME Stabilisation Relief Facility (SME SRF) has been approved as at Sept 30, 2026, benefiting more than 6,800 small and medium enterprise (SME) accounts.