Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

FGV To Combat Climate Change With Innovation, Ensure Palm Oil Yields Unaffected, Says Chairman

SIK, Sept 26 (Bernama) -- FGV Holdings Bhd plans to implement innovative farm management techniques to address the challenges of climate change, which are causing a decrease in palm oil yields.

Key Leadership Appointments To Drive billups’ Global Expansion 

KUALA LUMPUR, Sept 26 (Bernama) -- The independent Out-of-Home (OOH) managed services agency, billups, has appointed Claudia Valderrama as Global Chief Operating Officer (COO) and Ben Milne as Chief Executive Officer (CEO) for the Asia Pacific (APAC) region, both reporting to Global CEO, David Krupp.

Northeast Aims To Raise RM84.5 Mln From ACE Market IPO

GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

MITI’s New Circular Economy Policy Framework Promotes Sustainable Manufacturing Growth - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models and catalysing green growth practices across the manufacturing value chain.

Covid-19 Undermined Progress In Reducing Poverty, Urban Households Hit Hardest - KRI

KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.

Malaysia Needs To Follow Laos’ Example For A More Proactive ASEAN Chairmanship - Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia should take advantage of Laos' experience as a guide to become more proactive and prepared when it assumes the ASEAN Chairmanship next year.

LRN's Third-Party Supplier Training Solution To Streamline Supply Chain Compliance Management

KUALA LUMPUR, Sept 25 (Bernama) -- LRN Corporation has announced the introduction of LRN Catalyst Supplier, a specialised solution for clients to deliver their Code of Conduct and ethics and compliance (E&C) training to suppliers, and measure and track engagement.

Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best

KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

Accumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 -- Dosm

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said.

Malaysia's Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector - Allianz

KUALA LUMPUR, Sept 25 (Bernama) – Malaysia demonstrated impressive growth in financial assets in 2023, with per capita net financial assets reaching EUR9,430 (1 EUR=RM4.6427), according to Allianz Malaysia Bhd.