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MECD Implements Measures To Help KPF Resolve Members' Share Redemption Issue

KUALA LUMPUR, Oct 12 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) is implementing three strategic measures under the recovery plan for Koperasi Permodalan FELDA Malaysia Bhd (KPF) to improve the cooperative’s liquidity and resolve outstanding payments for members’ share redemptions.

Malaysia’s Total Palm Oil Stocks Surge 24.54 Pct To 3.51 Million Tonnes In September

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia’s total palm oil stocks rose by 691,835 tonnes, or 24.54 per cent, to 3.51 million tonnes in September this year from 2.8 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

Malaysia's F1 Ambition Requires More Than A Place On The Calendar

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 12 (Bernama) -- On qualifying day at the Singapore Grand Prix on Oct 9, I took the MRT for one stop from Nicoll Highway to Promenade to reach Gate 2, shortening my journey to the Porsche ARbox Carrera Cup Asia support paddock to meet Malaysian driver Naquib Azlan.

e-Commerce Bill Can Promote Consistent Standards Across Industry - Lazada

KUALA LUMPUR, Oct 12 (Bernama) -- The new E-Commerce Bill, to be tabled in the next parliamentary sitting, can offer an opportunity to strengthen consistent standards across the industry, according to Lazada Malaysia.

No Meetings Held, No Agreements Reached With AirAsia – Loke

PUTRAJAYA, Oct 12 (Bernama) -- The Ministry of Transport (MOT) did not hold any meetings with AirAsia in the past two to three weeks, nor was any agreement reached with the low-cost airline, said Transport Minister Anthony Loke.

Prosper Trading To Make RM6.10-A-Share Takeover Offer For United Malacca

KUALA LUMPUR, Oct 12 (Bernama) -- Prosper Trading Sdn Bhd (PTSB) and its joint ultimate offerors will make a conditional mandatory take-over offer for the remaining 52.34 per cent stake in United Malacca Bhd (UMB) at RM6.10 per share to fulfil an outstanding takeover obligation dating back to September 2024.

Steel Price Index Rises 0.1 Pct To 5.1 Pct In September - DOSM

PUTRAJAYA, Oct 12 (Bernama) -- The unit price index for steel rose by 0.1-5.1 per cent in most areas in Peninsular Malaysia, Sabah and Sarawak between September 2025 and September 2026, according to the Department of Statistics Malaysia (DOSM).

Tax Exemption Extension To Attract Shipping Firms To Malaysia -- Loke

PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.

Government Committed To Gradually Reducing Fiscal Deficit – Treasury Sec-Gen

PUTRAJAYA, Oct 12 (Bernama) -- The government is committed to gradually reducing the fiscal deficit to three per cent in the medium term to ensure the country's financial position remains sustainable, with a target to reduce the deficit to 3.3 per cent of gross domestic product (GDP) by 2027.

Sconpo Strengthens Inter-agency Cooperation To Safeguard Malaysia's NPO Sector

LABUAN, Oct 12 (Bernama) --The Sub-Committee on Non-Profit Organisations (SCONPO) is strengthening inter-agency cooperation to enhance governance, safeguard public trust and protect Malaysia’s non-profit organisation (NPO) sector against terrorist financing risks.

EPF Introduces Simpanan Shariah Business Zakat Facility

KUALA LUMPUR, Oct 12 (Bernama) -- The Employees Provident Fund (EPF) today introduced Simpanan Shariah Business Zakat, a new facility that enables Muslim members to fulfil their zakat obligations on their Simpanan Shariah savings conveniently.

Kinergy Secures RM 47.5 Mln Data Centre Electrical Package Project

KUALA LUMPUR, Oct 12 (Bernama) -- Kinergy Advancement Bhd has secured a RM47.5 million subcontract job from Gamuda Engineering Sdn Bhd for a data centre (DC) electrical package.