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BATU KAWAN, Oct 29 (Bernama) -- Estek Automation Sdn Bhd has invested RM20 million in a new 50,000-square-foot manufacturing facility in Batu Kawan, Penang, to expand its capabilities in semiconductor equipment, artificial intelligence (AI)-driven solutions and contract manufacturing.
SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.
KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records.
By Zaphne Philip
KUCHING, Oct 29 (Bernama) -- The reopening of the Tebedu-Entikong trade route could significantly stimulate economic activity, boost cross-border trade, and attract investment between Sarawak and West Kalimantan, the Sarawak Business Federation (SBF) said.
From Harizah Hanim Mohamed
SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud is committed to investing in Malaysia over the next three years, building on its existing cloud region infrastructure, said Nucky Fang, general manager of Tencent Cloud International and Tencent Cloud Malaysia.
From Norhayati Mohd Akhir
LINYI (Shandong), Oct 29 (Bernama) -- The Malaysian Association of Malay Entrepreneurs and Traders (Perdasama) aims to establish a Linyi-Malaysia halal hub to strengthen bilateral economic cooperation and create broader opportunities for Bumiputera entrepreneurs to break into the huge Chinese market.
KUALA LUMPUR, Oct 28 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has acquired a logistics real estate asset in Bayan Lepas Waterfront, Penang, from Titijaya Land Bhd for approximately RM300 million.
KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd neither denied nor confirmed a media report of a merger today but acknowledged that it is always evaluating strategic opportunities and partnerships that are value accretive.
KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.
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) -- 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.
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.
