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News In Brief: Sept 19, 2024

News In Brief: Sept 19, 2024

Eco World 3Q Net Profit Rises To RM80.44 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2024 (3Q 2024) increased to RM80.44 million from RM66.33 million last year.

61 Pct Malaysian Respondents Believe 2024 An Ideal Year To Launch Small Business - Herbalife

KUALA LUMPUR, Sept 19 (Bernama) -- Health and wellness company Herbalife Ltd, in its survey, revealed that 61 per cent of Malaysian respondents believe that 2024 is an ideal year to launch a small business. 

SDCG Optimistic On Growth Amid Lower Costs, Green Incentives

KUALA LUMPUR, Sept 19 (Bernama) -- Solar District Cooling Group Bhd (SDCG), a provider of building management systems (BMS), solar thermal systems, and energy-saving solutions, is optimistic about its business growth this year, driven by a positive outlook and lower costs.

AM Best Maintains Stable Outlook On China's Non-life Insurance Segment

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on China’s non-life insurance segment, citing several factors that include a supportive regulatory environment, increased health insurance awareness and strong growth potential in the electric vehicle (EV) insurance market.

Medidata Recognised As Leader In Electronic Data Capture By Everest Group 

KUALA LUMPUR, Sept 19 (Bernama) -- Medidata, a Dassault Systèmes brand and the provider of clinical trial solutions to the life sciences industry, has been recognised as a Leader in Everest Group‘s first-ever PEAK Matrix Assessment for Electronic Data Capture (EDC) in life sciences.

SMART Modular Technologies Flash Memory Drives Feature SEU Mitigation For Remote Applications

KUALA LUMPUR, Sept 19 (Bernama) -- SMART Modular Technologies Inc (SMART), a division of SGH announced a proprietary technology to mitigate the adverse impact of single event upsets (SEUs) in high-reliability flash-memory based systems.

HDC Studies New Incentives To Boost Foreign Investments In Halal Industry

KUALA LUMPUR, Sept 18 (Bernama) -- The Halal Development Corporation (HDC), in collaboration with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), is studying and formulating new incentives to boost foreign investment in the halal industry.

ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO

KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).

Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct

KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025. 

National Single Window Initiative Will Boost Malaysia-China Trade -- MITI

KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.

Malaysia's Economic Growth Sparks Review Of 2030 SDG Progress - Hanifah Hajar

KUALA LUMPUR, Sept 17 (Bernama) -- With Malaysia's economy on the rise, it is an opportune moment to review progress towards the 2030 Agenda for Sustainable Development, Deputy Economy Minister Datuk Hanifah Hajar Taib said.