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Oil Price Seen At US$95-US$110 On Sustained Hormuz Impairment, Refinery Outage And Inventory Draws

By Nor Baizura Basri

KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.

MATRADE Leadership Drives Export Acceleration, Strengthens Trade Resilience

KUALA LUMPUR, Sept 8 (Bernama) -- The executive leadership of the Malaysia External Trade Development Corporation (MATRADE) remains committed to driving export acceleration and strengthening the resilience of Malaysia’s international trade sector via market-driven strategies and proactive trade facilitation.

Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.

Industries Need Innovation, Energy Efficiency To Stay Competitive - ABB

GEORGE TOWN, Sept 8 (Bernama) -- Industries must improve productivity, optimise energy consumption, enhance operational reliability and accelerate their sustainability journey to remain competitive amid rising costs and rapid technological changes.

ABB Group's Machine Automation Division Eyes Penang As Southeast Asia Operations Hub

GEORGE TOWN, Sept 8 (Bernama) -- Swiss-based ABB Group’s Machine Automation division (B&R) is looking to strengthen its presence in Penang and expand the state’s role within its Southeast Asian operations.

EdgeConneX Joins Singapore Sustainable Data Centre Testbed

KUALA LUMPUR, Sept 8 (Bernama) -- EdgeConneX, a global provider of Build-to-Suit and Build-to-Density infrastructure solutions, has joined the Sustainable Tropical Data Centre Testbed Phase 2.0 (STDCT 2.0) Consortium as a top-tier anchor partner, strengthening its involvement in sustainable and efficient data centre innovation in Singapore.

Maybank, Ageas Insurance Ink SPA For RM4.83 Bln MAHB Acquisition

KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.

East Coast Poised To Become Food Security Hub, Green Economy Leader - MIDA

KUANTAN, Sept 8 (Bernama) -- Malaysia’s East Coast region has strong potential to become a key hub for national food security and a leading centre for the green economy through greater investment in renewable energy. 

Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.

Local Companies Urged To Accelerate Automation -- Johari

KUALA LUMPUR, Sept 8 (Bernama) -- Local companies of all sizes need to accelerate automation in operations and production as the future supply of foreign workers is unlikely to match current levels, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

Govt Boosts Rubber Glove Industry With Improved Regulations, Enhances Traceability

KUALA LUMPUR, Sept 8 (Bernama) -- The government is strengthening regulations governing rubber glove manufacturing and exports to address industry overcapacity while enhancing the traceability of Malaysian-made gloves.

Smallholder Support Key To Strengthening Agri-Commodity Value Chain -- Noraini

PUTRAJAYA, Sept 8 (Bernama) -- Support for smallholders must progress in tandem with efforts to strengthen the entire agri-commodity value chain to ensure that industry growth also benefits these groups, said Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad.