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ACE Market-bound OB Holdings Aims To Raise RM28.8 Mln From IPO

KUALA LUMPUR, Sept 27 (Bernama) -- OB Holdings Bhd (OB Holdings) aims to raise RM28.8 million from its initial public offering (IPO), pursuant to its listing on the ACE Market of Bursa Malaysia on Oct 29.

MIBS 2024 Targets Transactions Worth RM10 Mln, 25 MoUs To Be Signed

 KUALA LUMPUR, Sept 27 (Bernama) -- The 19th Malaysia International Branding Showcase (MIBS) 2024 targets to achieve RM10 million in transaction value, while fostering significant international business collaborations.

Former Angry Bird Developer Wants To Boost Malaysia's Education And Entertainment Sector

KUALA LUMPUR, Sept 27 (Bernama) -- Former developer of Angry Birds online gaming franchise Peter Vesterbacka sees potential in the education and entertainment industries in Malaysia.

Improve Infrastructure, Ecosystem To Reduce Port Congestion - Anwar

KLANG, Sept 27  (Bernama) – The infrastructure and ecosystem at the port need to be continuously streamlined and improved to reduce the issue of congestion at the country’s ports, said Datuk Seri Anwar Ibrahim.

PM Anwar Urges Swift Action In Facing Fierce Regional Competition

KLANG, Sept 27 (Bernama) -- Malaysia must act swiftly in navigating the intensifying regional competition to avoid being left behind, said Prime Minister Datuk Seri Anwar Ibrahim.

Westports Development To Strengthen Malaysia As Global Maritime And Logistics Hub

PORT KLANG, Sept 27 (Bernama) – The development of Westports Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub.

Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Malaysia Will See Strongest LNG Production Growth In Short And Medium Term, Says BMI

KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.

Teledyne Unveils AI-Powered Smart Camera For Industrial Automation, Inspection

KUALA LUMPUR, Sept 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced its next generation artificial intelligence (AI)-powered BOA3 smart camera for industrial automation and inspection.

Gamuda Up In Early Trade Following Strong FY2024 Results

KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Lower August 2024's PPI To Keep OPR Unchanged In 2024 -- MIDF Research

KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month. 

Ringgit Regains Strength Against US Dollar At Opening

KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.