Exsim Hospitality Bags RM13.49 Mln Carpentry Subcontract

KUALA LUMPUR, Oct 22 (Bernama) -- Exsim Hospitality Bhd has secured a RM13.49 million subcontract from Binastra Builders Sdn Bhd to supply, fabricate, deliver and install carpentry works.

Pavilion REIT Records Lower Net Profit Of RM92.90 Mln In Third Quarter

KUALA LUMPUR, Oct 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM92.90 million in the third quarter ended Sept 30, 2026, from RM94.58 million in 3Q 2025.

Malaysia Expands Energy Partnership With Turkmenistan, Eyes Higher-value Services - Akmal Nasrullah

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia is strengthening its energy partnership with Turkmenistan to unlock new commercial opportunities for companies, particularly in higher-value oil and gas services, technology and specialised engineering, said Economy Minister Akmal Nasrullah Mohd Nasir.

Abaxx Exchange Bags Energy Risk Asia Newcomer Award

KUALA LUMPUR, Oct 21 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that Risk.net has named Abaxx Exchange “Newcomer of the Year” at the 2026 Energy Risk Asia Awards.

Intervention Programmes Help Boost Malaysia’s Natural Rubber Output - KPK

KUALA LUMPUR, Oct 20 (Bernama) -- Intervention programmes such as the Consolidation Programme for Abandoned and Untapped Mature Rubber Areas, the Latex Production Incentive (IPL) and the Rubber Production Incentive (IPG) are helping to gradually increase the country’s natural rubber output.

Malaysia Needs Up To 2,000 MW Additional RE Capacity To Achieve 2030 Target -- SEDA

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia needs an additional 1,500 to 2,000 megawatts (MW) of installed renewable energy (RE) capacity to reach its 35 per cent installed RE capacity target by 2030, said the Sustainable Energy Development Authority (SEDA).

Malaysia Seeks To Lead Islamic Finance Transition, Boost Investment – DPM Fadillah

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia aims to spearhead the transition towards greater use of Islamic finance to drive cross-border investment, supported by stronger ties with emerging markets, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

99 Speed Mart Has Opportunities To Expand In Under-served Markets - Apex Securities

KUALA LUMPUR, Oct 20 (Bernama) -- Apex Securities Bhd sees further expansion opportunities for 99 Speed Mart Retail Holdings Bhd in under-penetrated markets, alongside same-store sales growth.

CIMB Expects Bank Indonesia To Raise Rates This Week

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.

Penang's Silicon Island Reclamation Reaches 202 Hectares Up To Oct 2026 -- Chow

GEORGE TOWN, Oct 17 (Bernama) -- A total of 202.3 hectares of land have been reclaimed at Silicon Island since reclamation works began in September 2023, through October 2026, marking significant progress in developing Penang's next economic growth hub.

RM83 Bln Development Expenditure Can Spark Jobs Creation, Business Activities -- RHB IB

KUALA LUMPUR, Oct 17 (Bernama) -- The government’s planned RM83 billion development expenditure under Budget 2027 could create jobs, support small businesses, strengthen demand across key sectors and generate wider benefits for Malaysians, according to RHB Investment Bank Bhd (RHB IB).

Malaysia Data Centre Market Projected To Grow 33 Pct CAGR From 2025-2030 – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s data centre market is projected to grow at a compound annual growth rate (CAGR) of 33 per cent from 2025 to 2030, according to S&P Global Ratings.