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Black & Veatch To Tackle Southeast Asia’s Increasingly Complex Energy Transition At Enlit Asia 2024

KUALA LUMPUR, Oct 7 (Bernama) -- Economies across Southeast Asia must overcome increasing energy transition complexities as they balance energy security and lower carbon emissions, according to Black & Veatch, a global leader in critical human infrastructure solutions.

Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers

KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.

ASEAN's Solidarity Can Make It A Competitive Force On The Global Stage - Tengku Zafrul

By Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) -- Malaysia has emphasised three key strategies to strengthen ASEAN’s economic resilience as global expansion is projected to be at a subdued pace, affected by ambiguity in inflation, heightened geopolitical tensions and increasing geoeconomic fragmentation.

Northport's Capacity, Efficiency To Improve With Newly-completed Container Yard

KUALA LUMPUR, Oct 7 (Bernama) --  Northport (Malaysia) Bhd has completed its latest container yard, Block K, adding 662,256 twenty-foot equivalent units (TEUs) to its capacity based on dwell time of five days.

Nihon M&A Center Sets Up Fund Management Company To Drive ASEAN Expansion, Cross-border M&A

KUALA LUMPUR, Oct 7 (Bernama) -- Nihon M&A Center Holdings has established a subsidiary fund management company Asean to Global Capital (AtoG Capital) to support Japanese companies’ expansion into the Southeast Asian region.

Bursa Malaysia Higher At Midday

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.

Malaysia Will Not Be Complacent Despite Current Achievement - PM Anwar

KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.

Malaysia To Focus On Strengthening Economic Cooperation, Attracting Investments In ASEAN Summit

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 7 (Bernama) -- Malaysia will focus on strengthening economic cooperation in ASEAN and enhancing regional trade and investment at the 44th and 45th ASEAN Summit and Related Summits that will begin tomorrow in Laos.

E-wallet Companies Want SST Exemption For Digital Financial Services To Be Extended In Budget 2025

KUALA LUMPUR, Oct 7 (Bernama) -- The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital financial services in Budget 2025 to sustain the industry’s growth.

Foreign Investors Dispose RM1.1 Bln Worth Of Equities Last Week

KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

FBM KLCI Futures Firmer In Early Trade

KUALA LUMPUR, Oct 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trade today, tracking the underlying cash market.