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Scicom Eyes International Expansion With Self-funding GovTech Border Infrastructure Model

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 9 (Bernama) -- Scicom (MSC) Bhd is accelerating its international government technology (GovTech) expansion, leveraging a public-private financing model designed to help sovereign governments modernise border security without heavy upfront capital expenditure.

Govt Interventions, Public Cooperation Key To Cushioning Fuel Price, Inflation Pressures

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 9 (Bernama) -- Government interventions to cushion the impact of rising global fuel prices must be complemented by public cooperation in managing fuel consumption to minimise inflationary pressures and protect household finances.

Chartered Institute Of Logistics Sabah Calls For Study On Kota Kinabalu Airport

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The future of Kota Kinabalu International Airport (KKIA), whether to retain, expand or relocate it, must be determined through a comprehensive assessment of its economic viability, operational capacity and long-term benefits to Sabah, said the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section.

KWAP Wins Global Award For RM6 Bln Dana Pemacu Initiative

KUALA LUMPUR, Nov 7 (Bernama) – The Retirement Fund Incorporated (KWAP) has won the Investment category at the Pensions & Investments (P&I) World Pension Summit Excellence and Innovation Awards for its RM6 billion Dana Pemacu initiative.

CPO Futures Expected To Trade Cautiously Next Week Ahead Of MPOB Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as market players await the Malaysian Palm Oil Board’s (MPOB) October palm oil supply and demand report scheduled for release on Nov 10. 

BNM Takes Action Against Two Entities Over Unapproved Advertising Of Foreign Currency Services

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has taken enforcement action against Najmuldin Exchanger and Nusantara Global Network over suspected contraventions of the Financial Services Act 2013 (FSA).

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

Marco Gadola Joins Angelalign As Senior Advisor

KUALA LUMPUR, Nov 6 (Bernama) -- Hong Kong-listed clear aligner maker, Angelalign Technology Inc (Angel) has appointed former Chief Executive Officer (CEO) of dental medical device company, Straumann Group, Marco Gadola as Senior Advisor.

Saudi Fund For Development Inks Over US$403 Mln Loans To Rebuild Syria

KUALA LUMPUR, Nov 6 (Bernama) -- The Saudi Fund for Development (SFD) has signed six concessional development loan agreements worth over US$403 million with Syria, to rebuild infrastructure and restore public services damaged by years of conflict. (US$1 = RM4.04)

Scammers Using Fake Websites, Malicious Apps To Impersonate BNM

KUALA LUMPUR, Nov 6 (Bernama) – The public has been warned about scammers impersonating Bank Negara Malaysia (BNM) through fake websites and malicious applications to steal personal and banking information.

Public Bank 3Q Net Profit Falls 3.8 Pct To RM1.77 Bln

KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.

Bursa Malaysia Extends Losses At Midday On Weak Sentiment

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia continued its downtrend at midday on Friday, tracking losses among most regional peers as selling in heavyweight counters weighed on the market amid weak sentiment following Wall Street’s overnight rout.