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A.P. Moller Capital To Buy Singapore Port Operator Portek

KUALA LUMPUR, Oct 16 (Bernama) -- A.P. Moller Capital, a global institutional fund manager, has agreed to acquire 100 per cent of Singapore-based ports operator Portek International Pte Ltd (Portek) from Japan’s Mitsui & Co Ltd (Mitsui) through its Emerging Markets Infrastructure Fund II (EMIF II).

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.

Malaysia's Data Centre, GPU Funding Expected To Exceed Bank Lending Limits In Three Years – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to  S&P Global Ratings.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia remained lower at midday amid continued selling pressure in selected heavyweight counters. 

Budget 2027: RM8 Bln TVET Allocation To Boost Aviation, Automotive Sectors

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- The RM8 billion allocation to strengthen Technical and Vocational Education and Training (TVET) under Budget 2027 will be a key catalyst in propelling the country’s aviation and automotive industries into the next phase of growth.

Malaysia Must Leverage Skills, Diversity To Globalise Homegrown Digital Companies - Wilson

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia would like to see more local digital creative companies develop their own intellectual property (IP), build successful franchises and reach international markets, said Deputy Digital Minister Datuk Wilson Ugak Kumbong.

Malaysia's Economy Expands 5.3 Pct In 3Q 2026, Growth Across Sectors -- DOSM

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s economy expanded by 5.3 per cent in the third quarter of 2026 (3Q 2026), after registering 6.0 per cent growth in the preceding quarter, according to the Department of Statistics Malaysia (DOSM).

PKNS FMI, Selangor Advance Partner To Boost Contractor Financing Access

KUALA LUMPUR, Oct 16 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has partnered with Selangor Advance under the Selangor Advance 500 (SA500) initiative to improve access to financing for local contractors and small and medium enterprises (SMEs).

Mercedes-AMG Petronas Seeks Cost Cap Flexibility To Advance F1 Sustainability

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Mercedes-AMG Petronas Formula One (F1) Team is working with the Fédération Internationale de l'Automobile (FIA) and Formula One Management (FOM) to ensure the sport's cost cap regulations allow enough flexibility to adopt sustainable technologies without compromising competitiveness on the track.

Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

Budget 2027: Support Women Entrepreneurs To Raise Output, Expand To ASEAN - Association

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 16 (Bernama) -- Assistance for women entrepreneurs under Budget 2027 should support higher production capacity and wider market access to help their businesses expand locally and into ASEAN markets, according to a women’s entrepreneur association.

MBSB IB Sees Value In Banking Stocks Despite Cautious Trading On Bursa Malaysia

KUALA LUMPUR, Oct 16 (Bernama) -- Trading activity of banking counters on Bursa Malaysia remained subdued today as investors adopted a cautious stance, with uncertainty over the bond yield outlook weighing on market sentiment.