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Economy

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.

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.

Xsolla: Local Payments Key To Southeast Asia Gaming Growth

KUALA LUMPUR, Oct 30 (Bernama) -- Indonesia, Thailand and Vietnam generated about US$3.8 billion in video game revenue, or 68.5 per cent of Southeast Asia’s spending on mobile and personal computer (PC) games, according to a report by global video game commerce company Xsolla and Niko Partners. (US$1 = RM4.05)

SSER, CEXIM Sign RM5 Bln Loan Repurposing Agreement For NPWSS Financing

KUALA LUMPUR, Oct 30 (Bernama) -- Suria Strategic Energy Resources Sdn Bhd (SSER), a Minister of Finance Incorporated company, and the Export-Import Bank of China (CEXIM) today signed a loan repurposing agreement valued at RM5 billion to finance the Northern Perak Water Supply Scheme (NPWSS).

Alushibe To Bring 12 International Food Brands To Libya

KUALA LUMPUR, Oct 30 (Bernama) -- Libya’s Alushibe Holding Group announced its plan to bring 12 international food and beverage brands to the country by 2028 via its Retail & Destinations division, beginning with Turkish ice cream and patisserie chain MADO.

YYForce Deploys 11 Service Robots At Two Singapore Hotels

KUALA LUMPUR, Oct 30 (Bernama) -- YYForce Inc (YYForce) has deployed a fleet of 11 autonomous service robots at the Novotel Singapore on Stevens and Mercure Singapore on Stevens hotel complex under a 24-month commercial agreement.

QualityKiosk Technologies Rebrands As QKTech, Shifts Focus To AI Reliability

KUALA LUMPUR, Oct 30 (Bernama) -- QualityKiosk Technologies has rebranded as QKTech, as it repositions itself as an artificial intelligence (AI) reliability engineering and assurance company.

Dialog Targets Additional RM3 Bln Investment In Pengerang Deepwater Terminals

JOHOR BAHRU, Oct 30 (Bernama) -- Dialog Group Bhd plans an additional investment of RM3 billion between 2027 and 2030 to support the continued development of the Pengerang Deepwater Terminals (PDT).

MCMC Issues Spectrum Assignments To CelcomDigi

KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysian Communications and Multimedia Commission (MCMC) has issued spectrum assignments to CelcomDigi Bhd via its wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CDTel), for the 2600 MHz and 900 MHz frequency bands under Lot B of the Applicant Information Package No. 1 of 2026.