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Capital A, PT Garuda Indonesia Invest US$12 Mln In JV To Revolutionise Landing Gear Services

From Soraya Jamal

BALI, Sept 18 (Bernama) -- Capital A Bhd’s subsidiary, Asia Digital Engineering Sdn Bhd (ADE), and PT Garuda Maintenance Facility Aero Asia Tbk (GMF) have entered a strategic partnership for a new landing gear maintenance, repair, and overhaul (MRO) business with a combined investment of US$12 million (US$1 = RM4.25).

FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama)  -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.

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).

Insurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps - BNM Governor

KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

HLIB : Malaysia In Strong Position Amid US Election Uncertainty

KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.

Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation

KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.

Saviynt To Address Local Identity Challenges At Singapore Event

KUALA LUMPUR, Sept 17 (Bernama) -- Saviynt, a cloud-native identity and governance platform solutions provider, announced its Converge Global Tour 2024 Singapore event, scheduled for Sept 20.

Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth

KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.

Penang State Govt To Continue To Attract Investors

GEORGE TOWN, Sept 16 (Bernama) -- The Penang State Government will continue to promote the state’s industrial sector to attract investors to set up factories in Batu Kawan Industrial Park 3 (BKIP 3) and Casia City Technology Park (BCTP) in Batu Kawan near here.

SFZ Forest City To Be Launched On Friday, Incentives To Be Introduced - State Exco

JOHOR BAHRU, Sept 16 (Bernama) – Forest City’s special financial zone (SFZ) will be launched this Friday with various incentives and packages to stimulate investment, growth and economic activities in Johor.

Passion In Technology Transforms Engineer Into Tech-Savvy Farmer

By Zarul Effendi Razali

KUALA LUMPUR, Sept 16 (Bernama) -- Switching vocations from engineering to farming was not an easy decision, however, this was the choice made by Abdul Mu'iz Hanafiah, 30, about two years ago.

Company Secretaries Should Act Without Fear Or Favour -- MAICSA President

By Christine Lim

KUALA LUMPUR, Sept 15 (Bernama) -- The role of company secretaries in Malaysia has transformed dramatically over the years.