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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.

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).

MIDA, Alliance Bank Host CBAM Workshop To Explore Sustainable Industrial Practices

KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.

Gentrification Of Islamic Finance - More Than Just Shariah Compliance 

LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.

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.

CAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges - Hasbi

KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.

Al'ard Marks A Decade In Malaysia, Contributing RM50 Mln To Palestine

KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.

Malaysia-Brazil To Collaborate, Tap US$3 Trillion Global Halal Market - Deputy Minister

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia and Brazil will enhance collaboration to tap the extensive global halal market which is anticipated to generate US$3 trillion (US$1=RM4.253) next year, said Agriculture and Food Security Deputy Minister Datuk Arthur Joseph Kurup.

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.

Ringgit Appreciates 7.86 Pct Year-to-date Against US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit has appreciated by 7.86 per cent year-to-date, reaching another 20-month high against the US dollar as the markets approach the United States Federal Open Market Committee (FOMC) meeting.

Malaysia Achieves 43 Pct Of SDG Indicators, Far Beyond The World Average - PM Anwar

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia has achieved 43 per cent of all 248 indicators of the latest Sustainable Development Goals (SDGs), far above the world average of 17 per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

11x Secures US$24 Mln To Advance AI-Powered Digital Workers, Expand Global Footprint

KUALA LUMPUR, Sept 17 (Bernama) -- A pioneering AI startup transforming the modern workforce with autonomous digital workers, 11x announced closing a US$24 million Series A funding round. (US$1=RM4.29)