5d ago
By Siti Noor Afera Abu & Naveen Prabu
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher on Wednesday, as bargain hunting continued in banking heavyweights, with the market remaining largely in positive territory throughout the trading session.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Selangor has attracted potential investment exceeding RM3 billion from four foreign investors through Letters of Intent (LOIs) facilitated by UOB Malaysia to Invest Selangor, reflecting the investors' strong interest in exploring business and growth opportunities in the state.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Gamuda Bhd and Taiwan-based MiTAC Information Technology Corp’s joint venture (JV) has secured a NT$29.22 billion (approximately RM3.72 billion) contract to design and construct the Keelung Mass Rapid Transit (MRT) system and trackwork project in Taiwan.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Big Caring Group Bhd (BCG) has entered into an underwriting agreement with Maybank Investment Bank Bhd, RHB Investment Bank Bhd and AmInvestment Bank Bhd for its IPO and listing on Bursa Malaysia's Main Market.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia is targeting RM700 million in venture capital (VC) investments and an estimated 2,000 to 3,500 additional active startup companies by 2030 through the KL20 initiative, said Minister of Economy Akmal Nasrullah Mohd Nasir.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Investors in Malaysia should be assessed on the quality of jobs they create and how they treat workers, particularly women, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Budget 2027 aims to strengthen Malaysia’s economic resilience, support industrial transformation and enhance workforce development in the rubber glove sector, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Battersea Power Station Development Company has secured a £280 million (£1=RM5.41) refinancing facility to support the continued development of the remaining 6.47 hectares (16-acre) of the 17-ha (42-acre) riverside neighbourhood, providing a strong financial foundation for the project’s next phase of delivery.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government aims to draft new legislation or amend related laws to address rent-seeking, or “Alibaba” practices, and will aim to table the bill in Parliament in 2027, said Economy Minister Akmal Nasrullah Mohd Nasir.