Anwar, Putin Meet On The Sidelines Of BRICS Summit

From Saraswathi Muniappan

NEW DELHI, Sept 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin met on the sidelines of the 18th BRICS Leaders’ Summit here, providing an opportunity for both leaders to strengthen Putrajaya and Moscow’s relations and exchange views on matters of mutual interest.

Citaglobal Unit Bags RM82.1 Mln Subcontract To Build Residential College

KUALA LUMPUR, Sept 11 (Bernama) -- Citaglobal Bhd’s wholly owned subsidiary, Citaglobal Land Sdn Bhd, has secured a design-and-build subcontract worth RM82.1 million to construct a residential college. 

Anwar Arrives In New Delhi For BRICS Summit

From M. Saraswathi

NEW DELHI, Sept 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived here Friday to attend the 18th BRICS Leaders’ Summit hosted by Indian Prime Minister Narendra Modi.

IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors

KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”

CPO Futures End Lower On Rising Stocks, Production

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished lower on Friday amid ongoing concerns over rising stock levels and production in the country.

KLCI Futures Close Lower, Tracking Cash Market

KUALA LUMPUR, Sept 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Friday, tracking the underlying cash market performance.

Ringgit Ends Firmer Against Most Currencies, Eases Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit appreciated against most major and regional currencies on Friday, although it declined against the US dollar.

Captive Insurance Sees Rising Recognition As Strategic Risk-financing Solution

KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).

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.

Rubber Market Ends Mixed On Weak Regional Futures, Declining Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 11 (Bernama) -- The rubber market ended mixed on Friday, tracking weaker regional rubber futures and a decline in crude oil prices.

Higher Healthcare Utilisation Adds To Medical Claims Inflation -- LIAM

By K. Naveen Prabu

KUALA LUMPUR, Sept 11 (Bernama) -- Rising healthcare utilisation is emerging as a key contributor to Malaysia’s medical claims inflation, highlighting the need for greater efficiency, transparency and collaboration across the healthcare ecosystem to keep medical protection affordable and sustainable, according to the Life Insurance Association of Malaysia (LIAM).