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KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) of RM276,000 each on AmBank (M) Bhd and AmBank Islamic Bhd for failing to submit cash threshold reports (CTR) promptly.
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.
KUALA LUMPUR, Oct 28 (Bernama) -- There is no conclusive evidence that Malaysian-linked plantation companies were responsible for fires in Indonesia, Natural Resources and Environmental Sustainability (NRES) Minister Datuk Seri Arthur Joseph Kurup said.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.
KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.
KUALA LUMPUR, Oct 28 (Bernama) -- Japanese hotel operator, Pacifica Hotels G.K. has signed a franchise agreement with Marriott International to open a Courtyard by Marriott hotel in Takayama, Gifu prefecture, in autumn 2028.
By Sakini Mohd Said
KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.
KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.
KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network.
By Siti Radziah Hamzah
SEPANG, Oct 28 (Bernama) -- Sepang International Circuit (SIC) is eyeing a review of MotoGP ticket prices and track rental charges to boost revenue, cover rising operating costs and help fund its share of the championship’s hosting rights fees.
KUALA LUMPUR, Oct 28 (Bernama) -- Listen Labs, an artificial intelligence (AI) customer research company, has launched Listen Twins, AI models of individual real people in a company’s target audience, built from in-depth interviews and designed to predict how they would respond to questions.
