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Sibu SEZ: Better Air Links, High-Tech Infrastructure Key To Attracting Investors

SIBU, Oct 26 (Bernama) -- Improved air connectivity and high-tech infrastructure must be prioritised under the proposed Sibu Economic Zone (SEZ) to attract investment, skilled talent and high-value industries to central Sarawak, says local entrepreneur Dr Gregory Hii Sui Cheng.

Brent Crude Oil Rises To US$117 Per Barrel On Intensifying Houthi Attacks, Shipping Disruptions

KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.

Malaysia To Benefit From Cross-border Power Project - Fadillah

SINGAPORE, Oct 26 (Bernama) -- Malaysia stands to benefit from a cross-border electricity project involving Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) through local contractor participation, engineering expertise and the development of renewable energy certificate mechanisms, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

EXIM Bank Strengthens Malaysian Businesses' Capacity Through RM1 Bln Strategic Initiatives Under Budget 2027

KUALA LUMPUR, Oct 26 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) will strengthen Malaysian businesses’ capacity to compete internationally and adopt sustainable practices through over RM1 billion in strategic initiatives mandated by the government under Budget 2027.

KPK Boosts Specialised Oleochemicals Sector, Palm-based Health Products To Reduce Reliance On CPO Exports

KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is strengthening the specialised oleochemical sector as well as the development of palm-based nutraceutical and pharmaceutical products, to reduce reliance on the export of crude palm oil (CPO).

NGC Energy Eyes Growth Through Stronger Shareholder Partnership, Infrastructure Opportunities

KUALA LUMPUR, Oct 26 (Bernama) -- Liquefied petroleum gas (LPG) solutions provider, NGC Energy Sdn Bhd aims to venture abroad while strengthening its presence in the domestic market, supported by its evolving shareholder structure and potential infrastructure opportunities.

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Malaysia Needs Adequate Power, Grid Capacity To Attract Data Centres - JERA

SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.

Johor Eyes Additional 5 GW Of Solar Energy By 2031 To Meet Data Centre Demand

ISKANDAR PUTERI, Oct 25 (Bernama) -- The Johor government is targeting the generation of about 5 gigawatts (GW) of solar energy over the next four to five years as a long-term solution to meet the surge in electricity demand driven by the rapid growth of the state’s data centre sector.

Linyi International Trade Centre Eyes Greater Participation From Malaysian Companies

From Norhayati Mohd Akhir

LINYI (Shandong), Oct 25 (Bernama) -- The Linyi International Trade Centre in Shandong Province, China, is targeting greater participation from Malaysian companies to expand bilateral trade relations through the provision of a one-stop service ecosystem.

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets. 

Rubber Market To Remain Steady Next Week With Slight Upward Bias

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 24 (Bernama) -- The Kuala Lumpur rubber market is expected to remain steady next week, with a slight upward bias as any upward or downward pressure is likely to be minimal.