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Maybank Asset Management Partners With Fidelity International To Launch Multi-Asset Fund

KUALA LUMPUR, Nov 29 (Bernama) -- Maybank Asset Management Sdn Bhd (MAM Malaysia) has launched the MAMG Alpha Capital & Income Opportunities Fund to enhance diversification and deliver both income and capital growth. 

IPPSB Partners With PPSB, Asdeki To Boost Malaysia's Role in The ASEAN Logistics

PADANG BESAR, Nov 28 (Bernama) -- Mutiara Perlis Sdn Bhd's wholly-owned subsidiary Inland Port Perlis Sdn Bhd (IPPSB), the developer of the advanced logistics hub Perlis Inland Port (PIP), has signed a memorandum of understanding (MoU) with Penang Port Sdn Bhd (PPSB) and a memorandum of collaboration (MoC) with the Asosiasi Depo Kontainer Indonesia (ASDEKI).

Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility

KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.

Bursa Malaysia Opens Higher, But Retreats Thereafter

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.

Ringgit-Ruble Transactions, Trade Agreement Can Strengthen Malaysia-Russia Economic Ties:

KUALA LUMPUR, Nov 28 (Bernama) – There are untapped business opportunities that Malaysia can explore with Russian businesses, particularly amid concerns about rising tariffs, offering both countries a chance to grow trade volumes and strengthen economic ties.

Teledyne Dalsa Unveils Z-Trak 3D Apps Studio For In-Line Measurement, Inspection

KUALA LUMPUR, Nov 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in high-performance digital imaging and semiconductors, has introduced Z-Trak 3D Apps Studio, a suite of software tools developed for in-line 3D machine vision applications.

Bursa Malaysia In See-saw Trade In Early Session

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia see-sawed during the early session, with the main index swinging between gains and losses. 

MAHB Posts Higher 3Q Net Profit Of RM210.37 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.

Kerjaya Prospek Property To Continue Expanding Its Land Bank

KUALA LUMPUR, Nov 26 (Bernama) -- Kerjaya Prospek Property Bhd will continue to pursue strategic land acquisitions and expand its land bank, driven by the group's currently robust and resilient financial position while ensuring seamless progress on future development projects.

EdgePoint Sees Up To 30 Pct Growth In Number Of New Tower Sites In Malaysia

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 26 (Bernama) -- Telecommunications tower infrastructure company EdgePoint Towers Sdn Bhd expects to record growth of between 20 per cent and 30 per cent for new telecommunications tower sites in Malaysia as the company secures new partnerships with mobile network providers, said chief executive officer Muniff Kamaruddin.

Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023.