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Penang Seeks To Boost Cruise Tourism With New '3I Strategy'

GEORGE TOWN, Oct 31 (Bernama) -- Penang is stepping up efforts to strengthen its position as a leading cruise tourism destination with the introduction of a proposed ‘3I Strategy’ aimed at enhancing port facilities and attracting new international cruise routes.

AirBorneo Launches Kuching-Jakarta Flight, Fares From RM399

KUCHING, Oct 31 (Bernama) -- Sarawak’s state-owned airline, AirBorneo, has officially opened ticket sales today for its new direct route connecting Kuching to Indonesia’s capital, Jakarta, starting Nov 13. 

Short-term Rates Set To Remain Stable Next Week On BNM Operations

KUALA LUMPUR, Oct 31 (Bernama) -- Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) financial system operations.

Ni Hsin Unaware Of Reports Or Rumours Causing Share Price Fall

KUALA LUMPUR, Oct 30 (Bernama) -- Ni Hsin Group Bhd said it has no knowledge of any rumour or report concerning the group’s business and affairs that may account for the sharp price fall and high trading volume of its shares after Bursa Malaysia Securities Bhd issued an unusual market activity (UMA) earlier today.

Silicon Island: 202 Hectares Reclaimed, Green Tech Park To Be Developed In 2027 – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The development of Silicon Island in Penang will focus on the construction of a 283.28-hectare (ha) Green Tech Park in 2027, after 202.34 ha of the total 513.95 ha Phase 1 area had been reclaimed by October this year.

YTL Construction Clinches Three Major Industry Awards

KUALA LUMPUR, Oct 30 (Bernama) -- YTL Construction has won three major industry awards, including two at the Malaysian Construction Industry Excellence Awards (MCIEA) 2026, organised by the Construction Industry Development Board (CIDB) Malaysia.

IGB REIT's 3Q Net Profit Rises To RM144.15 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- IGB Real Estate Investment Trust (IGB REIT) posted a higher net profit of RM144.15 million for the third quarter ended Sept 30, 2026 (3Q 2026), from RM95.62 million in the corresponding quarter last year.

Mi Technovation Unit To Acquire KHL Building In Singapore For SG$103.88 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Mi Technovation Bhd's wholly owned subsidiary, Ohima  International Pte Ltd, has entered into a conditional sale and purchase agreement to acquire a seven-storey light industrial development located at New Industrial Road, KHL Building, in Singapore, for S$103.88 million (RM331.80 million) in cash.

Suria Component-Suzhou CEPP JV To Invest RM20 Mln In Auto Pedal Technology

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing and Suzhou CEPP Electronics plan to invest about RM20 million in stages to develop next-generation automotive pedal technology, starting with an initial investment of RM5 million for the first phase.

Ringgit Extends Rally Against US Dollar As Traders Reassess Fed Rate Hike Prospects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.

Rubber Market Ends Lower On Regional Weakness, Stronger Ringgit

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed lower on Friday, weighed down by weaker sentiment in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.