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Suria Component-Suzhou CEPP JV To Invest RM20 Mln In Auto Pedal Technology

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing and Suzhou CEPP Electronics plan to invest about RM20 million in stages to develop next-generation automotive pedal technology, starting with an initial investment of RM5 million for the first phase.

Ringgit Extends Rally Against US Dollar As Traders Reassess Fed Rate Hike Prospects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.

Cuscapi Proposes RM190 Mln Capital Reduction, 15 Pct Share Scheme

KUALA LUMPUR, Oct 30 (Bernama) -- Cuscapi Bhd has proposed a share capital reduction (SCR) of up to RM190 million pursuant to Section 117 of the Companies Act 2016.

Suria Component Manufacturing, Suzhou CEPP Electronics In JV To Strengthen Automotive Sector

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing (M) Sdn Bhd (Suria) has signed a memorandum of understanding (MoU) with China's Suzhou CEPP Electronics to establish a joint venture aimed at strengthening Malaysia's capabilities in automotive research, development and advanced manufacturing.

KTMB's Freight Revenue Rises 10 Pct To RM96 Mln In 9M 2026

KUALA LUMPUR, Oct 30 (Bernama) -- Keretapi Tanah Melayu Bhd (KTMB) continues to strengthen its freight business, recording RM96 million in revenue for the first nine months (9M) of 2026, up 10 per cent from the same period last year.

CAN Trader, Guidance Marine Partner On Offshore Vessel Tech

KUALA LUMPUR, Oct 30 (Bernama) -- CAN Trader & Services Pte Ltd (CAN Trader), a Singapore-based marine electronics and systems integration company, has partnered with Guidance Marine, a provider of position reference technology for dynamic positioning (DP) systems used in the maritime and offshore industries.

Uni-Fuels To Consolidate Shares 1-for-10 From Nov 3

KUALA LUMPUR, Oct 30 (Bernama) -- Singapore-headquartered marine fuel solutions provider, Uni-Fuels Holdings Limited (Uni-Fuels) will consolidate its shares at a ratio of one-for-10, effective Nov 3, 2026.

&Truth Launches With US$70 Mln, Sets Up Singapore HQ

KUALA LUMPUR, Oct 30 (Bernama) -- Start-up developing technology to mathematically prove that software code is safe, &Truth, has emerged from stealth with US$70 million in seed funding and set up its international headquarters in Singapore. (US$1 = RM4.05)

MICCI Facilitates Malaysia-Palestine Trade Ties Through Palestine's Halal Recognition By JAKIM

KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) has helped strengthen trade ties between Malaysia and Palestine after the Department of Islamic Development Malaysia (JAKIM) recognised the Palestine Standards Institution (PSI) as a recognised foreign halal certification body in Palestine.

Rubber Market Ends Lower On Regional Weakness, Stronger Ringgit

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed lower on Friday, weighed down by weaker sentiment in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.

AM Best Sees Resilient Asia Pacific Insurance Sector

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has published its analysis of 17 insurance markets in Asia Pacific, assessing the economic, political and financial system risks in each, to coincide with the Singapore International Reinsurance Conference.

Public Mutual Declares Over RM89 Mln Distributions For Four Funds

KUALA LUMPUR, Oct 30 (Bernama) -- Public Mutual Bhd has declared distributions amounting to more than RM89 million for four funds as at Oct 31, 2026.