Rubber Market Ends Higher, SMR 20 Hits 1,074.5 Sen Per Kg

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 12 (Bernama) -- The Kuala Lumpur rubber market finished higher on Monday, with Standard Malaysian Rubber 20 (SMR 20) climbing 13.5 sen to hit 1,074.5 sen per kilogramme (kg), its highest level since May 9, 2012.

Corporate Malaysia Should Use Budget 2027 To Raise Investment, Productivity

KUALA LUMPUR, Oct 12 (Bernama) -- Corporate Malaysia should use the opportunities presented by Budget 2027 to step up investment, improve productivity and build more sustainable and internationally competitive businesses, said CGS International Securities Malaysia Sdn Bhd (CGS MY).

IOIPG Malaysia REIT Signs Underwriting Agreement For Main Market IPO

KUALA LUMPUR, Oct 12 (Bernama) -- IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), which is seeking a listing on Bursa Malaysia Securities Bhd’s Main Market, has signed of an underwriting agreement with a syndicate of six financial institutions for its initial public offering (IPO).

Going Asset Management Bags Capital Excellence Fund Award

KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative strategy research and development capabilities, and fund performance.

Nat Re Credit Ratings Affirmed, Outlook Stable – AM Best

KUALA LUMPUR, Oct 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re).

DIC Expands Low-Solvent ECOVART Ink Rollout To Asia

KUALA LUMPUR, Oct 12 (Bernama) -- DIC Corporation will begin the global rollout of its ECOVART gravure ink, which requires significantly less solvent than conventional gravure inks, focusing on Japan, the People’s Republic of China (PRC) and Southeast Asia.

Chongqing Steps Up Efforts To Become International Consumption Hub

KUALA LUMPUR, Oct 12 (Bernama) -- Chongqing is accelerating its rise as an international consumption centre, drawing global visitors with its unique landscape, industrial strength and open, inclusive retail environment.

Batik Air Cancels Oct 12 KL-Jeddah Flight

KUALA LUMPUR, Oct 12 (Bernama) -- Batik Air has cancelled its scheduled flight from Kuala Lumpur International Airport (KLIA) to Jeddah, Saudi Arabia, today as a precautionary measure amid the ongoing conflict.

BBC Calls For More Structured JS-SEZ Economic Spillover Plan

KUALA LUMPUR, Oct 12 (Bernama) -- The MADANI Government Backbenchers Club (BBC) has proposed that the Economy Ministry and the Ministry of Investment, Trade and Industry (MITI) consider a more structured economic spillover plan for the Johor-Singapore Special Economic Zone (JS-SEZ).

MATRADE Welcomes Budget 2027, RM60 Mln Allocation To Strengthen MSME Exports

KUALA LUMPUR, Oct 12 (Bernama) -- The RM60 million allocation made by the government under Budget 2027 to the Malaysian External Trade Development Corporation (MATRADE) can help to build the capability of local companies to penetrate and diversify into export markets.

MECD Implements Measures To Help KPF Resolve Members' Share Redemption Issue

KUALA LUMPUR, Oct 12 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) is implementing three strategic measures under the recovery plan for Koperasi Permodalan FELDA Malaysia Bhd (KPF) to improve the cooperative’s liquidity and resolve outstanding payments for members’ share redemptions.

Malaysia’s Total Palm Oil Stocks Surge 24.54 Pct To 3.51 Million Tonnes In September

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia’s total palm oil stocks rose by 691,835 tonnes, or 24.54 per cent, to 3.51 million tonnes in September this year from 2.8 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).