Malaysia Welcomes Proposed US$14.7 Bln Investment By US Tech Giants -- Anwar

From Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- Malaysia has welcomed the proposed US$14.7 billion (US$1=RM4.29) investment by United States (US) technology giants -- Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories, and Boeing.

Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.

PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 10 (Bernama) -- Malaysia has called for strengthened cooperation between ASEAN member countries and Australia, particularly in the area of human capital development.

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.

Malaysia Eyes Stronger Economic Ties With Vietnam In Emerging Industries - PM Anwar

VIENTIANE, Oct 10 (Bernama) -- Malaysia is aiming to strengthen economic cooperation with Vietnam by exploring opportunities for private sector involvement in emerging industries.

Sapura Resources Appoints Reza Abdul Rahim As Acting MD

KUALA LUMPUR, Oct 10 (Bernama) -- Sapura Resources Bhd have redesignated Reza Abdul Rahim as its executive director and acting managing director (MD) effective today.

Budget 2025: Reduce Rubber Glove Export Levy By Half, Says Top Glove

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.

Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years

KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.

Public Bank, LPI Capital Shares To Resume Trading On Friday

KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.

Top Glove Expects To Return To Black In FY2025 - MD

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.

Budget 2025 To Pave Way For 13th Malaysia Plan, Address Cost-Of-Living Challenges : MIER

KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).