Northern Solar Secures RM34 Mln EPCC Project

KUALA LUMPUR, Oct 7 (Bernama) -- Northern Solar Holdings Bhd, through its wholly owned subsidiary Northern Solar Sdn Bhd, has secured a RM34 million engineering, procurement, construction and commissioning (EPCC) contract for the development of a 9.50-megawatt (MW) large-scale solar photovoltaic plant.

Gold Futures On Malaysian Exchange End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).

ASEAN Launches School of Regulation To Strengthen Regional Energy Cooperation

KUALA LUMPUR, Oct 7 (Bernama) -- The ASEAN School of Regulation (ASR) has been officially launched at the 44th ASEAN Ministers on Energy Meeting (AMEM), marking a major step towards strengthening regulatory capabilities and regional cooperation to support ASEAN’s energy transition and interconnected power systems.

Bursa Malaysia Ends Lower As Higher US Yields, Oil Prices Weigh On Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wall Street’s rally as elevated US Treasury yields and renewed gains in crude oil weighed on sentiment.

Rubber Market Ends Higher

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 7 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, tracking regional rubber futures markets' performance amid tighter rubber supply. 

PEN SJ Electronics To Invest Over US$70 Mln In Penang, Create More Than 1,000 Jobs

GEORGE TOWN, Oct 7 (Bernama) -- PEN SJ Electronics Sdn Bhd has pledged to invest over US$70 million (US$1=RM4.08) to establish an advanced packaging materials and thermal management solutions facility in Penang, which is expected to create more than 1,000 jobs.

Japan’s Umios To Broaden Its Footprint In Malaysia

KUALA LUMPUR, Oct 7 (Bernama) -- Umios Corporation, one of the world’s largest fishery and food companies, plans to broaden its footprint in Malaysia with new investments which will expand both its human and pet food business.

PJBumi Gets Bursa Malaysia Nod For Proposed Share Split

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia Securities Bhd has approved PJBumi Bhd’s proposed share split, expected to boost trading liquidity and attract a broader investor base by lowering trading prices. 

Gradiant Expands India Operations With Five Contracts, New Leadership

KUALA LUMPUR, Oct 7 (Bernama) -- Gradiant is expanding its operations in India with five new design-build contracts, the appointment of a new managing director and plans to increase its India workforce by more than 40 per cent this year.

ECRL Testing On Track, Board Members Assess System Readiness

KUALA LUMPUR, Oct 7 (Bernama) — Malaysia Rail Link Sdn Bhd (MRL) has marked another positive milestone by holding two board committee meetings onboard the ECRL comprehensive inspection train (CIT) during a return trip from Gombak Integrated Terminal ECRL Station to the KotaSAS ECRL Station, Pahang.

Malaysia Has Potential To Exceed 2026 Palm Oil Production Target - Noraini

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia is on track to exceed its palm oil production target for 2026, following encouraging production performance, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Budget 2027: Fiscal Deficit Expected To Narrow To 3.3 Pct Of GDP - Apex Securities

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028