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Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027

KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).

Zetrix AI Confirms No Payment Default Has Occurred Amid Potential Sukuk Covenant Breach

KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.

CPO Futures End Higher On Firmer Soybean Oil Futures, Export Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking firmer soybean oil futures on the Chicago Board of Trade (CBOT), while stronger palm oil export estimates lent further support to market sentiment.

Transport Sector Must Prioritise Growth, Environmental Sustainability - Loke

KUALA LUMPUR, Oct 22 (Bernama) -- The future of transport must support long-term economic growth while responding responsibly to environmental challenges, according to the Ministry of Transport (MoT). 

Synology Records Double-Digit Sales Growth In Malaysia On Rising Govt, Healthcare Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwanese technology company Synology Inc has recorded strong double-digit sales growth in Malaysia thus far this year, driven by increased demand for its data storage solutions from government and healthcare organisations.

Malaysia Retains Top Spot In Global Islamic Finance Development Rankings For 14th Consecutive Year

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).

Repayment Deferments Extended To Nepal-China Flood Victims, Says BNM

KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.

Harbour-Link Unit To Acquire Two Container Vessels For RM56.68 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- Harbour-Link Group Bhd’s 85 per cent-owned subsidiary Harbour-Link Lines Sdn Bhd has entered into two separate sale and purchase agreements with Sapor Shipbuilding Industries Sdn Bhd to acquire two vessels worth RM56.68 million.

SECO Seeks More Aftermarket Partners As It Marks 60 Years

KUALA LUMPUR, Oct 22 (Bernama) -- SECO, the automotive parts brand of South Korea’s Seojin Automotive, is inviting distributors, parts buyers and workshops to explore partnership opportunities as it marks 60 years in business, with its aftermarket range built on original equipment (OE) quality standards.

Chery’s AiMOGA Plans 300 Robot Experience Centres Worldwide

KUALA LUMPUR, Oct 22 (Bernama) -- Chery’s robotics brand AiMOGA Robotics plans to open an initial network of 300 experience centres worldwide after launching its first home companion robot, Mobo, which has drawn interest from more than 10,000 prospective users.

Ringgit Ends Easier vs US Dollar, Major Currencies Ahead of FOMC Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit closed lower against the greenback and other major currencies on Thursday as investors remained cautious ahead of next week’s two-day US Federal Open Market Committee (FOMC) meeting.

Kerjaya Prospek Consortium Secures RM568.19 Mln TNB Contract

KUALA LUMPUR, Oct 22 (Bernama) -- Kerjaya Prospek Group Bhd, through a consortium involving its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPMSB), has secured a RM568.19 million contract from Tenaga Nasional Bhd (TNB) for the execution and establishment of Paka GIS in Terengganu.