Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

Shahriman Resigns As Sapura Resources MD

KUALA LUMPUR, Oct 30 (Bernama) --  Sapura Resources Bhd's managing director (MD) Datuk Shahriman Shamsuddin has resigned from his post effective yesterday.

Sabah A Powerhouse In Palm Oil Industry With 4.5 Mln Tonnes CPO Produced In 2023 - Hajiji

KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.

Anwar Calls For Top-level Standards In Logistics Infrastructure And Workforce

SEPANG, Oct 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, including the Ministry of Transport (MOT), relevant agencies, and private companies in the logistics sector, to ensure that industry infrastructure and workforce skills meet the highest standards.

FBM KLCI Rebounds From Five Days Of Losses

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s barometer index rose after five days of losses as fresh interest emerged with investors piling into recently beaten-down heavyweights.

Local Institutional Investors Net Bought RM244.6 Mln Equities On Bursa Malaysia Last Week

KUALA LUMPUR, Oct 28 (Bernama) -- Local institutional investors net bought RM244.6 million equities on Bursa Malaysia last week after briefly net selling the week before.

US Keen On Climate Change Partnerships With Malaysia, Focusing On SAF To Reduce Emissions

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 27 (Bernama) -- The United States is keen to explore climate change partnerships with Malaysia, focusing on sustainable aviation fuels (SAF) in its pursuit to cut down carbon emissions and achieve a clean, green climate-resilient future.

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

Budget 2025's Significant Agricultural Funding Set To Propel Sabah’s Rice Industry - Academician

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Sabah’s rice industry is expected to greatly benefit from various agricultural initiatives announced in Budget 2025, said University Malaysia Sabah (UMS) Assoc Prof Dr Bonaventure Boniface.

TransNusa Partners With Three Malaysian Medical Centres For Passenger Healthcare

KUALA LUMPUR, Oct 23 (Bernama) -- Indonesian airline, PT TransNusa Aviation Mandiri (TransNusa) has signed agreements with Sunway Medical Centre and Asia OneHealthCare to provide its passengers with additional healthcare options and expand its operations into the medical tourism industry.

TNB’s Solid Financial Footing Critical For Its Service To The Rakyat

By M. Saraswathi

KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.

Malaysia And Singapore’s Credit Bureaux Support Bank Lending - Moody’s

KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.