Northern Trust’s Singapore Branch Turns 30, Pledges Continued Investment

KUALA LUMPUR, Oct 29 (Bernama) -- Northern Trust, a wealth management, asset servicing, asset management and banking services provider, is celebrating the 30th anniversary of its Singapore branch, which it set up in 1996 to serve clients across Asia Pacific.

State Sales Tax, Logistics Costs The Main Factors In FFB Purchase Price Differences Between Sabah And Peninsula

KUALA LUMPUR, Oct 29 (Bernama) — The imposition of State Sales Tax (SST) as well as logistics and transportation costs are the main factors behind the difference in the purchase price of fresh fruit bunches (FFB) between Sabah and the peninsula, said Deputy Plantation and Commodities Minister Datuk Seri Huang Tiong Sii.

YYForce Targets US$20 Mln Malaysian Revenue In FY2027

KUALA LUMPUR, Oct 29 (Bernama) -- YYForce Inc (YYForce) is targeting US$20 million in revenue from its Malaysian operations in its 2027 financial year (FY2027), after signing new hospitality contracts and expanding its service robot deployments in the country. (US$1 = RM4.07)

Ras Al Khaimah Signs Fujian Pact, 10 MoUs In China 

KUALA LUMPUR, Oct 29 (Bernama) -- Ras Al Khaimah (RAK) and China’s Fujian Province have signed a friendship agreement to strengthen economic, maritime and cultural ties, concluding a six-day visit to China by the emirate’s Ruler, Sheikh Saud bin Saqr Al Qasimi.

UAE’s Space42 Signs Satellite MoU With Viasat, Canada’s Terrestar

KUALA LUMPUR, Oct 29 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, United States satellite firm Viasat Inc and Canada’s Terrestar Solutions Inc have signed a memorandum of understanding (MoU) to develop an open, standards-based framework linking their planned satellite networks for direct-to-device (D2D) mobile services.

Maxis Shares Up In Early Trade On Renewed Potential U Mobile Merger Plans

KUALA LUMPUR, Oct 29 (Bernama) -- Maxis Bhd shares rose in early trade following reports of renewed plans for a potential merger with U Mobile Sdn Bhd.

Bursa Malaysia Opens Higher For Third Consecutive Day

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher for the third consecutive day on Thursday, tracking overnight gains on Wall Street after the United States Federal Reserve (Fed) kept interest rates unchanged at 3.75 per cent to 4.00 per cent.

Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.

Malaysia’s Digital Economy To Reach US$48 Bln GMV In 2026, Matching Vietnam’s Growth

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s digital economy is projected to reach US$48 billion (US$1=RM4.08) in gross merchandise value (GMV) this year, according to the 11th edition of the annual e-Conomy SEA Report 2026. 

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

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.

Maxis Shares Slip After Reports Of Revived Merger Plans With U Mobile

KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd shares slipped in late trading today following reports of renewed plans for a potential merger with U Mobile Sdn Bhd, which could create the country’s largest wireless operator.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

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.