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BNM’s Decision To Hold OPR At 2.75 Pct Reflects Confidence In Growth Outlook -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 3 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reflects its confidence in the Malaysian economy’s ability to sustain healthy growth in 2026, according to economists.

Bursa Malaysia Ends Higher On Positive Wall Street Cues, Steady OPR

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia ended higher on Thursday, tracking positive cues from Wall Street, with sentiment further bolstered by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

Command Alkon Marks 50 Years Of Technology For Heavy Building Materials

KUALA LUMPUR, Sept 3 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, is celebrating its 50th anniversary.

AM Best Retains Stable Outlook For Taiwan Non-Life Insurance

KUALA LUMPUR, Sept 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Taiwan’s non-life insurance segment amid the implementation of Taiwan Insurance Solvency (TIS), IFRS 17, and consistent premium expansion across retail and commercial lines.

Gradiant Wins West Texas AI Data Centre Water Contract

KUALA LUMPUR, Sept 3 (Bernama) -- Gradiant, the water layer of the artificial intelligence (AI) economy, has secured a new contract to deliver a full turnkey water and wastewater package for a hyperscale AI data centre campus in West Texas, covering potable water supply and wastewater treatment as a single accountable partner.

Govt’s RM11.5 Bln Sukuk Issuance Strengthens TH Cash Flow -- Nurhisham

KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow. 

Malaysia, Indonesia Eye Further Growth In RM114 Bln Bilateral Trade - Johari

By Nik Nurfaqih Nik Wil

JAKARTA, Sept 3 (Bernama) -- Malaysia and Indonesia have significant scope to expand bilateral trade beyond the RM114 billion recorded last year by strengthening trade facilitation and improving cross-border goods movement.

EIG Leads 460 Mln-Euro Structured Credit Facility For Aukera

KUALA LUMPUR, Sept 3 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has served as the lead investor for Aukera’s 460 million euros structured credit facility. (1 Euro = RM4.67)

NBA MVP Russell Westbrook Joins Project B As Chief Strategy Officer

KUALA LUMPUR, Sept 3 (Bernama) -- Project B announced that NBA Most Valuable Player (MVP) Russell Westbrook has joined the company’s founding team as Chief Strategy Officer, taking an active role in shaping its basketball strategy and long-term vision.

Patton, alfanar Partner On Saudi Energy Infrastructure Modernisation 

KUALA LUMPUR, Sept 3 (Bernama) -- Patton LLC and alfanar have signed a strategic cooperation agreement to modernise operational technology (OT) and information technology (IT) networks supporting electrical substations, smart-grid infrastructure and critical energy operations across Saudi Arabia.

BNM Maintains OPR Unchanged At 2.75 Pct

KUALA LUMPUR, Sept 3 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent at its meeting today.

Fortrea To Acquire Worldwide’s Early Phase Business

KUALA LUMPUR, Sept 3 (Bernama) -- Fortrea and Worldwide Clinical Trials (Worldwide) have signed a definitive agreement under which Fortrea will acquire Worldwide’s Early Phase Services division (Early Phase) in an all-cash transaction valued at approximately US$45 million. (US$1=RM4.03)