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KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.
KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.
By Sakini Mohd Said
KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.
KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.
KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network.
By Siti Radziah Hamzah
SEPANG, Oct 28 (Bernama) -- Sepang International Circuit (SIC) is eyeing a review of MotoGP ticket prices and track rental charges to boost revenue, cover rising operating costs and help fund its share of the championship’s hosting rights fees.
SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.
KUALA LUMPUR, Oct 28 (Bernama) -- The government has not set a target year to conclude all claims and asset recovery efforts related to 1Malaysia Development Bhd (1MDB), Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
KUALA LUMPUR, Oct 28 (Bernama) -- The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.
