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SBS Nexus Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, Nov 25 (Bernama) -- SBS Nexus has entered into an underwriting agreement with M&A Securities Sdn Bhd for the underwriting of 41.65 million new shares made available to the Malaysian public and eligible persons under pink form allocations for its upcoming initial public offering (IPO).

Business Urged To Accelerate AI Adoption Ahead Of 2030 Target

PETALING JAYA, Nov 25 (Bernama) -- The government is urging industries to fast-track their shift to artificial intelligence (AI)-driven business models, stressing that the next five years will be critical as the nation moves towards its 2030 goal.

Penang Targets 47 Pct Cruise Passenger Growth In 2026 -- PPC Chairman

GEORGE TOWN, Nov 25 (Bernama) -- Penang is steering towards robust expansion in its cruise tourism sector, with passenger numbers projected to rise by 47 per cent in 2026, driven by expanded homeporting, strengthened regional itineraries and intensified destination marketing.

Malaysia’s Leading Index Rises 0.8 Pct in September 2025 -- DOSM

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia’s economic indicators strengthened in September 2025, with the Leading Index (LI) recording a 0.8 per cent increase to 113.3 points, up from 112.4 points a year earlier, according to the Statistics Department of Malaysia (DoSM).

Procurement Falls Behind As AI Investment Lags, SAP Taulia Finds

KUALA LUMPUR, Nov 25 (Bernama) -- The procurement function continues to lag in artificial intelligence (AI) adoption due to chronic underinvestment, even as AI uptake accelerates across industries, with only 35 per cent of global leaders prioritising procurement and supply chain management for AI investment and growth, according to new data from SAP Taulia’s AI in Procurement Report.

No Sales Tax Exemption For Goods Imported Via Foreign Portals -- Amir Hamzah

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia offers no blanket sales tax exemption on goods imported through foreign online portals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

TM Share Rises In Early Trade On Promising 3Q Result

KUALA LUMPUR, Nov 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) share price surged in the early trade on Tuesday after posting an encouraging third quarter (3Q) result, driven by growth in data services and data centres amid positive outlook.

PM Anwar Departs For Home After Successful Three-country Visit To Africa

By M. Saraswathi

NAIROBI, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim departed for home today after the final leg of his three-country visit in Africa here, marking Malaysia’s renewed efforts to strengthen engagement with the continent.

Yinson On The Lookout For More Opportunities In Africa

From Saraswathi Muniappan

NAIROBI, Nov 24 (Bernama) — Yinson Holdings Bhd is looking for more business opportunities in Africa, after having operated in the region for more than three decades, said its chief executive officer Lim Chern Yuan.

Kenyan Businesses To Get Special Treatment - PM Anwar

From M. Saraswathi

NAIROBI, Nov 24 (Bernama) -- Kenyan businesses will get special treatment from Malaysia on the grounds of friendship as well as the immense potential for trade between both countries, Prime Minister Datuk Seri Anwar Ibrahim said today.

Malaysia-Guangxi Bilateral Trade 26 Pct Higher To Over US$2.05 Bln In 2024

KUALA LUMPUR, Nov 24 (Bernama) -- The bilateral import and export trade between Malaysia and Guangxi, an autonomous region in southern China, has increase by 26 per cent to over US$2.05 billion (US$1=RM4.1370) last year, according to the Department of Industry and Information Technology of Zhuang Autonomous Region.

Semico Capital Inks Underwriting Agreement For IPO

KUALA LUMPUR, Nov 24 (Bernama) -- Semico Capital Bhd has signed an underwriting agreement with Affin Hwang Investment Bank Bhd for its upcoming initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia.