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Economy

Over 5,000 Sabah Entrepreneurs Have Benefitted From SME-UP Programme - Ewon

KOTA KINABALU, Oct 24 (Bernama) -- A total of 5,879 micro, small and medium enterprise (MSME) entrepreneurs in Sabah have benefited from the SME-UP Assistance Programme implemented from 2017 to 2025, said Deputy Chief Minister III Datuk Ewon Benedick.

Selangor Targets RM90 Bln In Investments This Year -- Amirudin

BANGI, Oct 24 (Bernama) -- Selangor is targeting RM90 billion in investments this year, up from RM80 billion recorded last year, following encouraging investment momentum in the state.

EON Launches First Vehicle Body And Paint Repair Hub In Glenmarie

SHAH ALAM, Oct 24 (Bernama) -- Edaran Otomobil Nasional Bhd (EON) has strengthened its after-sales services for customers with the launch of its first vehicle body and paint repair hub in Glenmarie here.

Govt Encourages Local Companies To Formulate Long-Term Strategies, Reduce Imports -- Johari

KUALA LUMPUR, Oct 23 (Bernama) -- The government encourages local companies to formulate long-term strategies to grow the country’s economy without increasing imports, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

Anwar Highlights Need For Major Policy Shifts To Strengthen Resilience In Industry, Economy

KUALA LUMPUR, Oct 23 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has highlighted the need for Cabinet members to look at major policy shifts required to strengthen national resilience in industry and the economy.

Astro Malaysia To Dispose Of Broadband Business Assets For RM83 Mln

KUALA LUMPUR, Oct 23 (Bernama) -- Astro Malaysia Holdings Bhd’s wholly owned subsidiary, MEASAT Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) with Maxis Broadband Sdn Bhd to dispose of its broadband business assets for  RM83 million.

Zetrix AI Redesignates Norraesah As Non-executive Chairman

KUALA LUMPUR, Oct 23 (Bernama) -- Zetrix AI Bhd has announced in a Bursa Malaysia filing the redesignation of Datuk Dr Norraesah Mohamad as its non-independent and non-executive chairman from her previous role as executive chairman effective today.

CelcomDigi Unit Proposes RM10 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 23 (Bernama) -- CelcomDigi Bhd’s wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CelcomDigi Tel), has proposed to establish a Sukuk Murabahah programme of up to RM10 billion in nominal value to fund corporate requirements and refinancing.

Yinson Production, PTSC Achieve First Oil At Lac Da Vang Field Ahead Of Schedule

KUALA LUMPUR, Oct 23 (Bernama) -- Yinson Holdings Bhd’s offshore production business unit, Yinson Production Offshore Pte Ltd, and PetroVietnam Technical Services Corporation (PTSC) have achieved first oil at the Lac Da Vang (LDV) field offshore Vietnam ahead of schedule.

APO Moves Partnership Programme Into Action At Manila Meeting

KUALA LUMPUR, Oct 23 (Bernama) -- The Asian Productivity Organization (APO) has moved its Strategic Partnership Program (SPP) further from planning towards implementation, as heads of national productivity organisations from its member economies met in Manila from Oct 20 to 22.

Shandong BRICS Trade Conference Draws Delegates From 30 Countries

KUALA LUMPUR, Oct 23 (Bernama) -- More than 100 business delegates from 30 countries and regions, including BRICS members and partner nations, met over 200 local companies at a trade and investment conference that opened in Jinan, the capital of east China’s Shandong province.

Fuzhou’s 2025 Fishery Output Nets Record 70 Bln Chinese Yuan

KUALA LUMPUR, Oct 23 (Bernama) -- Fuzhou’s fishery output value surpassed 70 billion Chinese yuan for the first time in 2025, ranking first in China for the 31st consecutive year, according to the organisers of the World Maritime Equipment Conference 2026. (100 Chinese yuan = RM61.21)