RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

Malaysia’s Premium Crude Shields Economy From Oil Price Swings - RHB IB

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysian crude grades continued to command significantly higher premiums over Dated Brent, a benchmark for physical crude oil prices, indicating that the country was able to partially cushion the impact of lower outright oil prices on revenues.

Alam Maritim Operations Continue As Usual Despite CEO Facing Ship Charter Rate Fraud Charges

KUALA LUMPUR, Sept 10 (BERNAMA) -- Alam Maritim Resources Bhd’s group managing director and group chief executive officer Datuk Azmi Ahmad has been placed on leave, while the company assured that its operations will continue as usual with no disruption.

VVMF Secures TGA GMP Licence For Sydney Facility

KUALA LUMPUR, Sept 10 (Bernama) -- Viral Vector Manufacturing Facility Pty Ltd (VVMF), Australia’s first viral vector contract development and manufacturing organisation (CDMO), has secured a licence to manufacture therapeutic goods (GMP licence) from the Therapeutic Goods Administration (TGA) for its Sydney facility.

Mastercard Launches Wallet Pay To Expand Digital Payments Worldwide 

KUALA LUMPUR, Sept 10 (Bernama) -- Mastercard has launched Wallet Pay, a global portfolio of solutions designed to expand interoperability and innovation for digital wallets across contactless, QR code and online payments.

Bursa Malaysia Ends Lower As Widening West Asia Conflict Weighs On Sentiment

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.

Chinese Exports To Latin America Reach Nearly US$300 Bln - Euromonitor International

KUALA LUMPUR, Sept 10 (Bernama) -- Chinese brands are rapidly deepening their footprint in Latin America’s consumer market, with exports from China to the region reaching nearly US$300 billion in 2025, a seven per cent year-on-year increase, according to market intelligence company Euromonitor International. (US$1 = RM4.06)

Command Alkon To Showcase Cloud, AI Solutions At Regional Events

KUALA LUMPUR, Sept 10 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, will showcase its cloud and artificial intelligence (AI) solutions at two industry conferences in Australia and New Zealand in October.

AM Best: Regulatory Initiatives, Economic Expansion Drive Malaysia’s Non-Life Growth

KUALA LUMPUR, Sept 10 (Bernama) -- AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives and economic expansion, which are driving robust premium growth and increasing insurance penetration.

Petronas Awards Estuary Cluster PSC, Hands Over Mutiara Cluster Seismic Data

KUALA LUMPUR, Sept 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.

EIG Closes Senior Infrastructure Debt Fund VI At US$1.9 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)

DHCG Opens Shanghai Office To Expand China Biopharma Services 

KUALA LUMPUR, Sept 10 (Bernama) -- Dark Horse Consulting Group (DHCG), a life sciences consulting firm, has opened an office in Shanghai to expand its advisory services to biotherapeutic developers in China.