Bursa Malaysia Rises On Buying Interest In Banking, Telco Stocks

By Rosemarie Khoo & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

PDI Technologies To Showcase Connected Solutions At São Paulo Event

KUALA LUMPUR, Sept 7 (Bernama) -- PDI Technologies announced it will showcase connected technologies for fuel distributors, retailers, convenience operators, and foodservice businesses at the ExpoPostos & Conveniência 2026 from Sept 8 to 10 at São Paulo Expo.

Bursa Malaysia Stays Higher At Midday On Buying Of Blue Chips

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia stayed higher at the midday break on buying of selected heavyweight counters, led by telecommunications, consumer products and utilities stocks.

Globaltec Formation's Tanjung Enim PSC Approved As Indonesia's National Strategic Project

KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.

Local Institutions Extend Buying Streak To Six Weeks With RM120.3 Mln Inflow - MBSB IB

KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Opens Higher, Tracking Regional Gains

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia opened higher on Monday, in line with the positive performance in some regional markets.

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.

Getting Nuclear Power Into Energy Mix Inevitable, Malaysia Lays The Groundwork

By Arul Rajoo Durar Raj and Nor Baizura Basri

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

BYD To Unveil Malaysia EV Development Plan Within A Week

From Samantha Tan Chiew Tieng

SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.