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NCER Explores EV, Automotive Investments As Part Of RM470 Bln Target

PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) is exploring opportunities in the electric vehicle (EV) and automotive sectors as part of efforts to diversify investments beyond its strong electrical and electronics (E&E) and semiconductor base.

Gold To Stay At US$4,000-US$5,000 Range Over Next Few Years -- Malaysia Gold Association

BATU KAWAN, 15 Sept (Bernama) -- Gold prices are expected to remain range-bound between US$4,000 and US$5,000 per troy ounce over the next one to two years, with the precious metal currently trading at around US$4,350 per troy ounce, said the Malaysia Gold Association. 

Bursa Malaysia Lower At Midday On Broad-based Selling, Cautious Sentiment

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia remained easier at midday, with broad-based selling seen throughout the morning trading session.

Penang Must Explore Setting Up Gold Bazaar To Strengthen Financial Hub Aspiration -- Sim

BATU KAWAN, Sept 15 (Bernama) -- Penang should consider exploring the establishment of a gold bazaar and potentially a gold storage facility as part of efforts to develop the state into a regional gold hub, said Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong.

NCER Targets RM470 Bln Investment Realisation By 2030

PUTRAJAYA, Sept 15 (Bernama) -- The Northern Corridor Economic Region (NCER) aims to realise a cumulative investment of RM470 billion by 2030, with 70 per cent of it contributed by key sectors such as electrical and electronics, automotive, high-value tourism and modern agriculture.

ABB Bank Completes 51 Pct Acquisition Of Uzbekistan’s Davr Bank

KUALA LUMPUR, Sept 15 (Bernama) -- ABB Financial Group has completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan, with the transaction registered on Sept 10 at the Tashkent Stock Exchange.

Malaysia's Climate Adaptation Needs Up To US$1.1 Trillion By 2050 - SC

KUALA LUMPUR, Sept 15 (Bernama) -- Malaysia's climate adaptation needs could range between US$852 billion and US$1.1 trillion (US$1=RM4.07) by 2050, underscoring the scale of financing required to strengthen the country's resilience to climate change, said Securities Commission Malaysia (SC).

Gas Malaysia Shares Rise 1.01 Pct Amid Higher Oil Prices

KUALA LUMPUR, Sept 15 (Bernama) -- Gas Malaysia Bhd’s share price rose 1.01 per cent during the morning trading session today amid higher oil prices.

Butterfield FB Opens Five Sen Below IPO Price On ACE Market Debut

KUALA LUMPUR, Sept 15 (Bernama) -- Butterfield FB Bhd opened five sen below its initial public offering (IPO) price on its debut on the ACE Market of Bursa Malaysia today.

O&G Counters Remain In Focus Amid Persistent Oil Market Risks

KUALA LUMPUR, Sept 15 (Bernama) -- Oil and gas (O&G) counters remained in focus with investment banks maintaining a positive stance on the sector.

Corgan Adds Ben Dawson To Singapore Office, Expanding APAC Aviation Practice

KUALA LUMPUR, Sept 15 (Bernama) -- Global architecture and design firm, Corgan has appointed Ben Dawson as Aviation & Transportation Studio Leader in its Singapore office, expanding aviation practice in Asia-Pacific (APAC).

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.