Oil falls for a second day as oversupply concerns dominate
https://www.thestar.com.my/business/business-news/2025/10/21/oil-falls-for-a-second-day-as-oversupply-concerns-dominate
OIL prices fell for a second day on Tuesday as concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world's top two oil consumers, weigh on the market. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/oil-falls-for-a-second-day-as-oversupply-concerns-dominate)
https://www.thestar.com.my/business/business-news/2025/10/21/oil-falls-for-a-second-day-as-oversupply-concerns-dominate
OIL prices fell for a second day on Tuesday as concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world's top two oil consumers, weigh on the market. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/oil-falls-for-a-second-day-as-oversupply-concerns-dominate)
CIMB Thai posts net profit of THB1.83bil in 9M25
https://www.thestar.com.my/business/business-news/2025/10/21/cimb-thai-posts-net-profit-of-thb183bil-in-9m25
KUALA LUMPUR: CIMB Thai Bank PCL, a 94.83% indirectly held subsidiary of CIMB Group Holdings Bhd, posted a 3.2% drop in net profit year-on-year (y-o-y) to THB1.83bil (RM237.13mil) for the nine months ended Sept 30, 2025, on the back of a 59.5% increase in expected credit loss (ECL). Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/cimb-thai-posts-net-profit-of-thb183bil-in-9m25)
https://www.thestar.com.my/business/business-news/2025/10/21/cimb-thai-posts-net-profit-of-thb183bil-in-9m25
KUALA LUMPUR: CIMB Thai Bank PCL, a 94.83% indirectly held subsidiary of CIMB Group Holdings Bhd, posted a 3.2% drop in net profit year-on-year (y-o-y) to THB1.83bil (RM237.13mil) for the nine months ended Sept 30, 2025, on the back of a 59.5% increase in expected credit loss (ECL). Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/cimb-thai-posts-net-profit-of-thb183bil-in-9m25)
Malaysia automotive sales drop 20% in September
https://www.thestar.com.my/business/business-news/2025/10/21/malaysia-automotive-sales-drop-20-in-september
KUALA LUMPUR: Sales for Malaysia's automotive sector fell 20% to 58,490 units in September, compared with 67,302 units in August, according to the Malaysian Automotive Association (MAA). Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/malaysia-automotive-sales-drop-20-in-september)
https://www.thestar.com.my/business/business-news/2025/10/21/malaysia-automotive-sales-drop-20-in-september
KUALA LUMPUR: Sales for Malaysia's automotive sector fell 20% to 58,490 units in September, compared with 67,302 units in August, according to the Malaysian Automotive Association (MAA). Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/malaysia-automotive-sales-drop-20-in-september)
Australian banker wins right to work from home every day
https://www.thestar.com.my/business/business-news/2025/10/21/australian-banker-wins-right-to-work-from-home-every-day
SYDNEY: An Australian retail bank employee has been granted the right to work from home all the time by the country's labour tribunal, as industry bosses urge more workers to return to the office. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/australian-banker-wins-right-to-work-from-home-every-day)
https://www.thestar.com.my/business/business-news/2025/10/21/australian-banker-wins-right-to-work-from-home-every-day
SYDNEY: An Australian retail bank employee has been granted the right to work from home all the time by the country's labour tribunal, as industry bosses urge more workers to return to the office. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/australian-banker-wins-right-to-work-from-home-every-day)
TNG Digital appoints Syed Zaid Albar as chairman
https://www.thestar.com.my/business/business-news/2025/10/21/tng-digital-appoints-syed-zaid-albar-as-chairman
PETALING JAYA: TNG Digital Sdn Bhd, the operator of TNG eWallet, has announced the appointment of Datuk Syed Zaid Albar as its chairman and non-independent non-executive director, effective Oct 17, 2025. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/tng-digital-appoints-syed-zaid-albar-as-chairman)
https://www.thestar.com.my/business/business-news/2025/10/21/tng-digital-appoints-syed-zaid-albar-as-chairman
PETALING JAYA: TNG Digital Sdn Bhd, the operator of TNG eWallet, has announced the appointment of Datuk Syed Zaid Albar as its chairman and non-independent non-executive director, effective Oct 17, 2025. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/tng-digital-appoints-syed-zaid-albar-as-chairman)
MKH Oil Palm unit approved as foreign-owned entity in Indonesia
https://www.thestar.com.my/business/business-news/2025/10/21/mkh-oil-palm-unit-approved-as-foreign-owned-entity-in-indonesia
KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd said its Indonesian subsidiary, PT Tunas Tani Tutus (PT Tunas), has received approval from Indonesia's Ministry of Law on Oct 20, 2025, to convert from a domestic company to a foreign-owned entity. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/mkh-oil-palm-unit-approved-as-foreign-owned-entity-in-indonesia)
https://www.thestar.com.my/business/business-news/2025/10/21/mkh-oil-palm-unit-approved-as-foreign-owned-entity-in-indonesia
KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd said its Indonesian subsidiary, PT Tunas Tani Tutus (PT Tunas), has received approval from Indonesia's Ministry of Law on Oct 20, 2025, to convert from a domestic company to a foreign-owned entity. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/mkh-oil-palm-unit-approved-as-foreign-owned-entity-in-indonesia)
Shin Yang acquires Sabah land for RM26.6mil
https://www.thestar.com.my/business/business-news/2025/10/21/shin-yang-acquires-sabah-land-for-rm266mil
PETALING JAYA: Shin Yang Group Bhd is acquiring a 5.37-hectare parcel of leasehold industrial land off Sepanggar Bay, Kota Kinabalu, Sabah, together with a workshop building, for RM26.6mil from a related company, Shin Yang Sdn Bhd. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/shin-yang-acquires-sabah-land-for-rm266mil)
https://www.thestar.com.my/business/business-news/2025/10/21/shin-yang-acquires-sabah-land-for-rm266mil
PETALING JAYA: Shin Yang Group Bhd is acquiring a 5.37-hectare parcel of leasehold industrial land off Sepanggar Bay, Kota Kinabalu, Sabah, together with a workshop building, for RM26.6mil from a related company, Shin Yang Sdn Bhd. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/shin-yang-acquires-sabah-land-for-rm266mil)
Ringgit edges lower against greenback, stronger versus major currencies
https://www.thestar.com.my/business/business-news/2025/10/21/ringgit-edges-lower-against-greenback-stronger-versus-major-currencies
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar today as the greenback strengthened amid renewed optimism that the United States (US) and China may reach a trade deal soon, said an economist. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/ringgit-edges-lower-against-greenback-stronger-versus-major-currencies)
https://www.thestar.com.my/business/business-news/2025/10/21/ringgit-edges-lower-against-greenback-stronger-versus-major-currencies
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar today as the greenback strengthened amid renewed optimism that the United States (US) and China may reach a trade deal soon, said an economist. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/ringgit-edges-lower-against-greenback-stronger-versus-major-currencies)
Rapid Synergy disposes of land for RM35mil
https://www.thestar.com.my/business/business-news/2025/10/21/rapid-synergy-disposes-of-land-for-rm35mil
PETALING JAYA: Rapid Synergy Bhd (RSB) is disposing of two parcels of leasehold land (with buildings erected thereon) totalling 17,013 sq metres in the district of Barat Daya, Penang, to Osram Opto Semiconductors (Malaysia) Sdn Bhd for RM35mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/rapid-synergy-disposes-of-land-for-rm35mil)
https://www.thestar.com.my/business/business-news/2025/10/21/rapid-synergy-disposes-of-land-for-rm35mil
PETALING JAYA: Rapid Synergy Bhd (RSB) is disposing of two parcels of leasehold land (with buildings erected thereon) totalling 17,013 sq metres in the district of Barat Daya, Penang, to Osram Opto Semiconductors (Malaysia) Sdn Bhd for RM35mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/rapid-synergy-disposes-of-land-for-rm35mil)
Exsim wins RM17.6mil apartment job
https://www.thestar.com.my/business/business-news/2025/10/21/exsim-wins-rm176mil-apartment-job
PETALING JAYA: Exsim Hospitality Bhd has accepted a letter of award from Binastra Builders Sdn Bhd for sub-contract works for the supply, fabrication, delivery and installation of carpentry works to apartment units, worth RM17.64mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/exsim-wins-rm176mil-apartment-job)
https://www.thestar.com.my/business/business-news/2025/10/21/exsim-wins-rm176mil-apartment-job
PETALING JAYA: Exsim Hospitality Bhd has accepted a letter of award from Binastra Builders Sdn Bhd for sub-contract works for the supply, fabrication, delivery and installation of carpentry works to apartment units, worth RM17.64mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/21/exsim-wins-rm176mil-apartment-job)
Decision on Hannah Yeoh's appeal in defamation suit set for Dec 5
https://www.thestar.com.my/news/nation/2025/10/21/decision-on-hannah-yeoh039s-appeal-in-defamation-suit-set-for-dec-5
https://www.thestar.com.my/news/nation/2025/10/21/decision-on-hannah-yeoh039s-appeal-in-defamation-suit-set-for-dec-5
The Star
Decision on Hannah Yeoh's appeal in defamation suit set for Dec 5
KUALA LUMPUR: The Court of Appeal has set Dec 5 for the decision on Segambut MP Hannah Yeoh's appeal against the High Court's decision dismissing her defamation suit against former Inspector-General of Police Tan Sri Musa Hassan.
Disaster simulation to take place at Kledang Saiong on Oct 30
https://www.thestar.com.my/news/nation/2025/10/21/disaster-simulation-to-take-place-at-kledang-saiong-on-oct-30
https://www.thestar.com.my/news/nation/2025/10/21/disaster-simulation-to-take-place-at-kledang-saiong-on-oct-30
The Star
Disaster simulation to take place at Kledang Saiong on Oct 30
IPOH: A disaster management simulation will be held at Kledang Saiong Forest Eco Park on Oct 30.
Popular’s Annual Clearance sale returns with great deals
https://www.thestar.com.my/news/nation/2025/10/21/populars-annual-clearance-sale-returns-with-great-deals
https://www.thestar.com.my/news/nation/2025/10/21/populars-annual-clearance-sale-returns-with-great-deals
The Star
Popular’s Annual Clearance sale returns with great deals
KUALA LUMPUR: Book lovers take heed – the return of the Annual Clearance at 58 selected Popular/Harris bookstores, running from 17 Oct until Nov 2. More than just books on offer, customers can explore over three million products with incredible rebates of…
Terengganu MMEA disposes of 12 foreign fishing boats as artificial reefs
https://www.thestar.com.my/news/nation/2025/10/21/terengganu-mmea-disposes-of-12-foreign-fishing-boats-as-artificial-reefs
https://www.thestar.com.my/news/nation/2025/10/21/terengganu-mmea-disposes-of-12-foreign-fishing-boats-as-artificial-reefs
The Star
Terengganu MMEA disposes of 12 foreign fishing boats as artificial reefs
JERTIH: A total of 12 foreign fishing boats confiscated by the Malaysian Maritime Enforcement Agency (MMEA) were disposed of as artificial reefs in Terengganu waters this year.
Ajinomoto Malaysia fosters regional innovation at Science Castle Asia 2025
https://www.thestar.com.my/news/nation/2025/10/21/ajinomoto-malaysia-fosters-regional-innovation-at-science-castle-asia-2025
https://www.thestar.com.my/news/nation/2025/10/21/ajinomoto-malaysia-fosters-regional-innovation-at-science-castle-asia-2025
The Star
Ajinomoto Malaysia fosters regional innovation at Science Castle Asia 2025
Ajinomoto (Malaysia) Bhd, in partnership with Leave a Nest Malaysia Sdn Bhd, recently brought the Science Castle Asia 2025 to a successful close at Multimedia University, Cyberjaya.
Foodie Media inks IPO deal
https://www.thestar.com.my/business/business-news/2025/10/22/foodie-media-inks-ipo-deal
Foodie Media Bhd has signed an underwriting agreement with Maybank Investment Bank Bhd for its initial public offering (IPO) and proposed listing on the ACE Market of Bursa Malaysia. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/foodie-media-inks-ipo-deal)
https://www.thestar.com.my/business/business-news/2025/10/22/foodie-media-inks-ipo-deal
Foodie Media Bhd has signed an underwriting agreement with Maybank Investment Bank Bhd for its initial public offering (IPO) and proposed listing on the ACE Market of Bursa Malaysia. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/foodie-media-inks-ipo-deal)
Shin Yang Group buys RM27mil land
https://www.thestar.com.my/business/business-news/2025/10/22/shin-yang-group-buys-rm27mil-land
Shin Yang Group Bhd is acquiring a 5.37-ha parcel of leasehold industrial land off Sepanggar Bay, Kota Kinabalu, Sabah, together with a workshop building, for RM26.6mil from a related company, Shin Yang Sdn Bhd. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/shin-yang-group-buys-rm27mil-land)
https://www.thestar.com.my/business/business-news/2025/10/22/shin-yang-group-buys-rm27mil-land
Shin Yang Group Bhd is acquiring a 5.37-ha parcel of leasehold industrial land off Sepanggar Bay, Kota Kinabalu, Sabah, together with a workshop building, for RM26.6mil from a related company, Shin Yang Sdn Bhd. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/shin-yang-group-buys-rm27mil-land)
Rapid Synergy disposes of Penang land
https://www.thestar.com.my/business/business-news/2025/10/22/rapid-synergy-disposes-of-penang-land
Rapid Synergy Bhd (RSB) is disposing of two parcels of leasehold land (with buildings erected thereon) totalling 17,013 sq m in the district of Barat Daya, Penang, to Osram Opto Semiconductors (M) Sdn Bhd for RM35mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/rapid-synergy-disposes-of-penang-land)
https://www.thestar.com.my/business/business-news/2025/10/22/rapid-synergy-disposes-of-penang-land
Rapid Synergy Bhd (RSB) is disposing of two parcels of leasehold land (with buildings erected thereon) totalling 17,013 sq m in the district of Barat Daya, Penang, to Osram Opto Semiconductors (M) Sdn Bhd for RM35mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/rapid-synergy-disposes-of-penang-land)
Pantech eyes growth amid cost, sales pressures
https://www.thestar.com.my/business/business-news/2025/10/22/pantech-eyes-growth-amid-cost-sales-pressures
Pantech Group Holdings Bhd remains cautiously optimistic about its outlook for the financial year ending Feb 28, 2026 (FY26), supported by steady demand from the oil and gas (O&G), petrochemical and industrial sectors, even as it navigates softer sales and cost pressures. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/pantech-eyes-growth-amid-cost-sales-pressures)
https://www.thestar.com.my/business/business-news/2025/10/22/pantech-eyes-growth-amid-cost-sales-pressures
Pantech Group Holdings Bhd remains cautiously optimistic about its outlook for the financial year ending Feb 28, 2026 (FY26), supported by steady demand from the oil and gas (O&G), petrochemical and industrial sectors, even as it navigates softer sales and cost pressures. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/pantech-eyes-growth-amid-cost-sales-pressures)
Ancom Nylex delivers despite ‘difficult’ conditions
https://www.thestar.com.my/business/business-news/2025/10/22/ancom-nylex-delivers-despite-difficult-conditions
Ancom Nylex Bhd believes it must remain vigilant in light of what it described as a difficult business operating environment, stemming from heightened trade tensions and ongoing policy uncertainties. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/ancom-nylex-delivers-despite-difficult-conditions)
https://www.thestar.com.my/business/business-news/2025/10/22/ancom-nylex-delivers-despite-difficult-conditions
Ancom Nylex Bhd believes it must remain vigilant in light of what it described as a difficult business operating environment, stemming from heightened trade tensions and ongoing policy uncertainties. Read full story (https://www.thestar.com.my/business/business-news/2025/10/22/ancom-nylex-delivers-despite-difficult-conditions)