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Mondelez International Unveils RM90 Mln investment In Crumb Tower, Deepening Commitment To Malaysia

KUALA LUMPUR, Sept 11 (Bernama) -- Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.

Bursa Malaysia Ends Week Sharply Lower Amid Regional Selloff

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.

Rakuten Trade Keeps End-2026 FBM KLCI Target At 1,770, Budget 2027 Next Key Test

KUALA LUMPUR, Sept 11 (Bernama) -- Rakuten Trade Sdn Bhd is keeping its end-2026 Bursa Malaysia benchmark index FBM KLCI target at 1,770, underpinned by clearer earnings visibility from Malaysia’s power and grid infrastructure spending.

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Malaysia Well Positioned To Seize ASEAN’s Second-wave AI Compute Advantage -- Economist

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is well positioned to seize a first-mover advantage in ASEAN’s second wave of hyperscale and artificial intelligence (AI) computing infrastructure, driven by its competitive costs, strong connectivity and established semiconductor ecosystem.

Investment Banks Remain Positive On Plantation Counters Amid Higher Crude Oil Prices

KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.

Ringgit Opens Slightly Lower Against Greenback On Stronger US Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback.

Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce

KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.

Malaysia-India Investment Ties Gain Momentum With Manufacturing, Green Energy Opportunities

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Malaysia and India’s investment ties continue to gain momentum, with Malaysia having approved 293 manufacturing projects with Indian participation worth US$2.95 billion (RM10.16 billion) as of June 2026, Malaysia’s Chargé d'Affaires, Deputy High Commissioner, Sharifah Ezneeda Wafa, said.

Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo

KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.

Anwar To Hold High-Level Meetings With Modi, Putin During BRICS Summit Working Visit In India

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is set to engage in high-level bilateral meetings with Indian Prime Minister Narendra Modi and Russian President Vladimir Putin during his working visit to the Indian capital for the 18th BRICS Summit this weekend.

RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.