MNHB Unit In JV With Pembinaan Tajri For RM67.31 Mln TNB 275 kV Cable Installation Contract

KUALA LUMPUR, Sept 7 (Bernama) -- MN Holdings Bhd’s (MNHB) wholly owned unit, MN Utilities Engineering Sdn Bhd (MNUE) and Pembinaan Tajri Sdn Bhd  (PTSB) has bagged a contract for the installation of a new 275 kilovolt (kV) cable from Tenaga Nasional Bhd (TNB).

P.A. Resources Secures RM255.45 Mln Banking Facilities For Working Capital, New Plant

KUALA LUMPUR, Sept 7 (Bernama) -- P.A. Resources Bhd (PARB), through its wholly owned subsidiaries, has accepted additional banking facilities totalling RM255.45 million to support the group’s existing operations and the development of a new plant.

CBH Engineering Bags RM88.05 Mln Contract To Construct Consumer Landing Station

KUALA LUMPUR, Sept 7 (Bernama) -- CBH Engineering Holding Bhd (CBH) has secured a RM88.05 million contract to design and build a 275kV consumer landing station for a data centre in Selangor.

Malaysia Yet To Decide On Compulsory Aviation Carbon Tax - Loke

KUALA LUMPUR, Sept 7 (Bernama) -- Malaysia has yet to decide whether to implement a compulsory carbon tax for the aviation sector, although the country remains committed to the International Civil Aviation Organisation’s (ICAO) goal of achieving net-zero carbon emissions by 2050, said Transport Minister Anthony Loke Siew Fook.

Bursa Malaysia Rises On Buying Interest In Banking, Telco Stocks

By Rosemarie Khoo & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.

Pekat Group Secures RM57.18 mln Hyperscale Data Centre Subcontracts In Johor

KUALA LUMPUR, Sept 7 (Bernama) -- Pekat Group Bhd’s indirect wholly-owned subsidiary, Pekat E & LP Sdn Bhd, has secured three subcontracts worth a combined RM57.18 million.

Rubber Market Ends Higher, SMR 20 Hits 2026 High On Supply Concerns

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 7 (Bernama) -- The rubber market ended higher today, with Standard Malaysian Rubber 20 (SMR 20) reaching a new high this year, amid supply concerns in Thailand due to persistent heavy rainfall.

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

Globaltec Formation's Tanjung Enim PSC Approved As Indonesia's National Strategic Project

KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.

August Foreign Inflows Into Malaysian Govt Bonds Hit RM11.1 Bln -- Kenanga IB

KUALA LUMPUR, Sept 7 (Bernama) -- Foreign inflows into Malaysian government bonds totalled RM11.1 billion in August, according to Kenanga Investment Bank Bhd (Kenanga IB).

Batik Air Cancels Scheduled KL-Jakarta Flights Today Due To Volcanic Ash

KUALA LUMPUR, Sept 7 (Bernama) -- Scheduled flights between Kuala Lumpur and Jakarta remained cancelled today following ongoing volcanic activity at Mount Anak Krakatau in Indonesia’s Sunda Strait, between Java and Sumatra, said Batik Air.

Analysts Lift Gamuda Earnings Forecasts On Stronger Job Wins

KUALA LUMPUR, Sept 7 (Bernama) -- Public Investment Bank Bhd (PIVB) has raised Gamuda Bhd’s financial year 2026 (FY2026) order book replenishment assumption to RM30 billion and lifted their FYs 2027-2028 earnings forecasts by an average of 5.3 per cent.