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Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

Malaysia Committed To Exploring New Business Opportunities In Laos

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 11 (Bernama) -- Malaysia is committed to exploring new business opportunities in Laos that could benefit both countries and is looking forward to enhancing bilateral cooperation, Prime Minister Datuk Seri Anwar Ibrahim said.

H2O.ai Partners Singtel’s Digital InfraCo To Deliver GenAI-as-a-Service

KUALA LUMPUR, Oct 11 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI) has announced a strategic partnership with Singtel’s Digital InfraCo to bring GenAI-as-a-Service (GenAIaaS) to organisations across Asia Pacific (APAC).

Manufacturing Sales Value Rises 7.7 Pct To RM163.9 Bln In August -- DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- The manufacturing sector's August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department (DOSM).

Wholesale And Retail Trade Sales Rise 4.7 Pct To RM149.2 Bln In August - DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's wholesale and retail trade sector registered a 4.7 per cent year-on-year (y-o-y) growth with total sales of RM149.2 billion in August 2024, said the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.

Govt Expects More Digital Investment In 2025 - Gobind

 PETALING JAYA, Oct 11 (Bernama) -- The government expects more digital investment to flow into Malaysia in 2025, said Digital Minister Gobind Singh Deo. 

Malaysia Sees Prospects To Establish Cooperation With Canada In Halal Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia sees prospects to introduce cooperation with Canada in the halal sector, said Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia-Canada Economic Ties Strengthen With 41 Pct Trade Increase

VIENTIANE, Oct 11 (Bernama) -- Malaysia and Canada are deepening their economic ties, with bilateral trade reaching RM8.05 billion as of August 2024, marking a significant 41 per cent increase year-on-year, according to the Ministry of Investment, Trade and Industry (MITI).

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

FBM KLCI Opens Lower But Market Breadth Stays Positive

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.