MATRADE Expects Malaysia's Trade Surplus To Grow By 20 Pct This Year

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.

MotoGP Eyes Southeast Asian Fan Growth, No Additional Races Under Consideration

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL is looking to grow its fan base in Southeast Asia through content and commercial opportunities, with no additional races in the region currently under consideration, its deputy chief executive officer Carlos Ezpeleta said.

LyondellBasell To Sell Former Houston Refinery To Valero For US$320.5 Mln

KUALA LUMPUR, Nov 2 (Bernama) -- LyondellBasell (LYB) has agreed to sell its former Houston Refinery site and related assets to a subsidiary of Valero Energy Corporation (Valero) for US$320.5 million as part of its ongoing portfolio transformation. (US$1 = RM4.05)

Bursa Malaysia Expected To Consolidate Next Week, Trade Within 1,600-1,630 Level

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia is expected to consolidate next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) projected to trade within the 1,600-1,630 range amid a mildly positive bias.

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.

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)

Linyi Trade City Initiative To Ease Supply Chain Access For Malaysian Businesses

By Norhayati Mohd Akhir

LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.

SD Guthrie To Sell Bukit Kerayong Land For RM933.57 Mln, Forms JV With Bumi Assets, YTL Power

KUALA LUMPUR, Oct 29 (Bernama) -- SD Guthrie Bhd will sell 657.09 hectares of land in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million and partner with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop the site into an industrial park.

European Deep-Tech Firms Seek Singapore Investors At Innovation Night

KUALA LUMPUR, Oct 29 (Bernama) -- More than 150 investors, corporate leaders, policymakers and innovators met European deep-tech companies at the European Innovation Night in Singapore on Oct 28, an event aimed at building business and investment partnerships between Europe and Singapore.

Govt Confident 2026 GDP Growth Will Exceed 5 Pct, Strong Economy To Benefit The People - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

State Sales Tax, Logistics Costs The Main Factors In FFB Purchase Price Differences Between Sabah And Peninsula

KUALA LUMPUR, Oct 29 (Bernama) — The imposition of State Sales Tax (SST) as well as logistics and transportation costs are the main factors behind the difference in the purchase price of fresh fruit bunches (FFB) between Sabah and the peninsula, said Deputy Plantation and Commodities Minister Datuk Seri Huang Tiong Sii.

Tebedu-Entikong Route Reopening To Boost Cross-border Trade, Benefit SMEs -- SBF

By Zaphne Philip

KUCHING, Oct 29 (Bernama) -- The reopening of the Tebedu-Entikong trade route could significantly stimulate economic activity, boost cross-border trade, and attract investment between Sarawak and West Kalimantan, the Sarawak Business Federation (SBF) said.