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Malaysia Welcomes Chinese Cooperation In Developing Rare Earth Industry -- MITI

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia welcomes cooperation with China to develop its domestic rare earth elements (REE) processing industry, said the Ministry of Investment, Trade and Industry (MITI).

Gamuda Advances ASEAN’s Clean Energy Transition With Engineering Expertise

KUALA LUMPUR, Oct 16 (Bernama) -- Gamuda Bhd, a regional engineering group, is advancing to meet the growing demand for clean energy by leveraging its engineering capabilities to deliver large-scale renewable energy (RE) projects with the speed and scale to meet the urgent green energy demands.

CPO Futures End Higher Amid Expectations of Stronger Output

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher on Thursday, amid expectations of improved output in October, said an analyst.

IILM Upsizes Sukuk Programme To US$8.5 Bln

KUALA LUMPUR, Oct 16 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the upsizing of its sukuk programme from US$6 billion to US$8.5 billion (US$1=RM4.22). 

Gold Futures Rally For Fourth Straight Day Amid Global Trade Uncertainty

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher for the fourth consecutive day on Thursday amid ongoing global trade uncertainties.

Ringgit Closes Higher As US-China Trade Tension Weighs On Greenback

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit closed higher against the US dollar on Thursday as continued trade tension between the United States and China weighed on the dollar.

Malaysia Could Start Nuclear Power Development With Floating Power Units - Rosatom

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia could begin its nuclear power development with floating power units (FPUs) as an initial step towards establishing nuclear capacity by 2031, said Rosatom Energy Projects project director Alexander Tsibulya.

Takaful Industry Takes Lead In Nurturing Youth Financial Literacy

KUALA LUMPUR, Oct 16 (Bernama) -- Sun Life Malaysia Takaful Bhd (SLMT) and the Malaysian Takaful Association (MTA) have jointly launched the ‘Program Inspirasi Pendidikan Kewangan Belia Negara (Sesi 2025/2026)’ in a step forward to shape a financially responsible and resilient generation.

Bursa Malaysia Ends Flat Amid Persistent Global Volatility

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia’s key index closed flat amid a mixed broader market as investors stayed on the sidelines due to ongoing global volatility.

Rubber Market Extends Mixed Performance, Tracking Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian rubber market closed mixed again today, reflecting softer regional rubber futures and fluctuating crude oil prices, said a dealer.

Anwar Commends ASEAN’s Efforts To Attract Major Institutions For APG

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim lauded ASEAN’s efforts to draw the interest of major institutions to ensure the success of the ASEAN Power Grid Financing Initiative (APGF).

AirAsia X Sets Sights On More Central Asian Destinations

From Nur Athirah Mohd Shaharuddin

TASHKENT, Oct 16 (Bernama) -- AirAsia X Bhd is eyeing expansion into more Central Asian countries following the encouraging response to its newly launched route to Tashkent, Uzbekistan.