Malaysia Needs To Follow Laos’ Example For A More Proactive ASEAN Chairmanship - Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia should take advantage of Laos' experience as a guide to become more proactive and prepared when it assumes the ASEAN Chairmanship next year.

Malaysia Has Potential To Increase Investment In Laos: Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia possesses significant potential to augment its investment in Laos, particularly in the renewable energy, agriculture, tourism, and infrastructure sectors, stated Malaysian Ambassador to Laos Edi Irwan Mahmud.

Ringgit Retreats To 4.13 At Opening As Investors Take Profits

KUALA LUMPUR, Sept 26 (Bernama)  -- The ringgit retreated against the US dollar on Thursday, taking a breather from recent gains as investors cashed out profits following its considerable appreciation, an economist said.

MARIC Launches Malaysia's First-ever Rail Industry Directory In Berlin

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia Rail Industry Corporation (MARIC) launched the first-ever Malaysia Rail Industry Directory on Tuesday during the opening of InnoTrans 2024 in Berlin, Germany.

Gold Futures Rise For 5th Straight Day

KUALA LUMPUR, Sept 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended its gains for the fifth consecutive day, supported by continued optimism on lower US interest rates.

Keyfield International Unit Bags RM130.03 Mln Contracts From Petronas Carigali

KUALA LUMPUR, Sept 25 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has accepted Petronas Carigali Sdn Bhd’s eight work order awards (WOA) totalling approximately RM130.03 million.

Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.

Labuan’s Megah Port Management Strengthens Govt Collaboration To Boost Operations

LABUAN, Sept 25 (Bernama) -- Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) has increased collaboration with government agencies to ensure seamless port operations.

Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best

KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

Zoran Vasiljev Joins Xsolla To Drive Global Expansion

KUALA LUMPUR, Sept 25 (Bernama) -- Xsolla, a global video game commerce company, announced the appointment of Zoran Vasiljev as its Senior Vice President of Global Strategic Partnerships, effective Oct 1.

CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week

KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.

LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal

KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.