LATEST NEWS   Fibre-to-the-Home project at Armed Forces Family Homes records positive progress, some completed ahead of schedule - Fahmi | At 6 pm, the ringgit traded mostly higher against major currencies, flat vs US dollar at 3.9630/9670 | Global supply crisisl: Assurance of adequate supply of basic necessities one of three main strategies to protect the people - DPM Fadillah | World entering second wave of global supply crisis, namely disruptions in the supply of oil and gas-based goods - DPM Fadillah | Global supply crisis: Gov’t takes early action to ensure the people remain protected in facing second wave - DPM Fadillah | 

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Philips, Siloam Hospitals Group To Back Indonesia’s Healthcare Transformation Strategy

KUALA LUMPUR, Oct 7 (Bernama) -- Royal Philips, a global leader in health technology, and Siloam Hospitals Group, Indonesia’s private healthcare provider, have signed a memorandum of understanding (MoU) to advance artificial intelligence (AI) capabilities and development in the healthcare sector in Indonesia.

Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers

KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.

Northport's Capacity, Efficiency To Improve With Newly-completed Container Yard

KUALA LUMPUR, Oct 7 (Bernama) --  Northport (Malaysia) Bhd has completed its latest container yard, Block K, adding 662,256 twenty-foot equivalent units (TEUs) to its capacity based on dwell time of five days.

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

BSN SSP Produces 103 Millionaires From 6.2 Million Depositors, With Savings Of RM5.4 Bln

JOHOR BAHRU, Oct 5 (Bernama) -- Bank Simpanan Nasional (BSN) has captured 6.2 million Premium Savings Certificate (SSP) depositors and produced 103 millionaires so far, said BSN chairman Datuk Seri Dr Awang Adek Hussin.

Madani Government Restores Investor Confidence Through Anti-corruption Efforts - Pm Anwar

KUALA LUMPUR, Oct 5 (Bernama)-- The MADANI government's commitment to combating endemic corruption has significantly restored confidence among domestic and foreign investors, leading to increased new investments.

MIBS 2024 To Unlock Expansion Opportunities For SMEs, Women Entrepreneurs

KUALA LUMPUR, Oct 4 (Bernama) -- The International Branding Exhibition (MIBS) 2024, scheduled for Nov 28-30, will focus on empowering small and medium enterprises (SMEs) and women entrepreneurs, unlocking opportunities for business expansion.

Malaysian, Indonesia Lead In Islamic Public Finance Innovations

JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).

Malaysia's Semiconductor Industry Must Diversify To Sustain Global Position

KUALA LUMPUR, Oct 4 (Bernama) —  Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.

IIB Partners KILSA Global To Boost South Korean Startups In Southeast Asia

KUALA LUMPUR, Oct 4 (Bernama) -- Iskandar Investment Bhd (IIB) has partnered with Singapore's KILSA Global to accelerate South Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia.