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FGV Delisting Gives Felda Greater Latitude To Focus On Settlers' Returns, Shareholder Value

KUALA LUMPUR, Aug 27 (Bernama) – FGV Holdings Bhd will be delisted from Bursa Malaysia tomorrow, a move that will give greater latitude to one of the world’s largest crude palm oil producers to strategise and focus mainly on providing greater returns to settlers and value to shareholders.

Malaysia-ARM Collaboration Expected To Deliver Return On Investment Within 10 Years

KUALA LUMPUR, Aug 26 (Bernama) – The collaboration between Malaysia and global technology company ARM Ltd is expected to yield a return on investment (ROI) within ten years, according to the Ministry of Economy.

Public Bank 2Q Net Profit Slips To RM1.76 Bln Due To Lower Non-Taxable Income Effect

KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.

New Palm Biomass Market Mechanism May Be Considered – KPK

KUALA LUMPUR, Aug 26 (Bernama) -- The need for a new market mechanism to support palm biomass processing as a commercial product may be considered in the future, according to the Ministry of Plantation and Commodities (KPK).

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

MATTA Targets More Than RM250 Mln Sales At 57th MATTA Fair

PUTRAJAYA, Aug 25 (Bernama) -- The Malaysian Association of Tour and Travel Agents (MATTA) aims to achieve more than RM250 million in sales during the upcoming 57th National MATTA Fair, driven by the upcoming Visit Malaysia 2026 (VM2026) and a surge in intra-ASEAN travel demand.

Unity Group, Tek Securities Unveil RMB200 Mln Climate Sukuk To Fund Selangor's Green Initiative

KUALA LUMPUR, Aug 22 (Bernama) -- Hong Kong-based green technology firm Unity Group Holdings International Ltd, in partnership with Labuan-based Tek Securities Ltd, has unveiled a RMB200 million climate sukuk from the Labuan International Business and Financial Centre (IBFC) to fund certified carbon credit projects under Selangor’s “Green Initiative Programme.”

Malaysia Well-Positioned For Regional Operations

By Nor Baizura Basri

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia continues to stand out across various industry sectors as a credible and well-positioned base for establishing and expanding regional operations, according to a consulting firm.

Bursa Malaysia Opens Higher, CI Adds 4.8 Pts

KUALA LUMPUR, Aug 22 (Bernama) -- Buying in selected heavyweights lifted Bursa Malaysia at the open on Friday, extending the previous day’s gains, while sentiment stayed cautious over the global economic outlook, a dealer said.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

Asia’s Reinsurers Look West: Diversification Strategy Gains Traction - AM Best

KUALA LUMPUR, Aug 21 (Bernama) -- Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, according to a new AM Best report.

Titijaya, Mines Heights In JV For RM554 Mln GDV Development

KUALA LUMPUR, Aug 20 (Bernama) -- Titijaya Land Bhd’s (Titijaya) wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd (Titijaya Development), has signed a joint venture agreement with Mines Heights Development Sdn Bhd (Mines Heights).