13/10/2025

BIZ & FINANCE MONDAY | OCT 13, 2025

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MSB Global secures 10-year GOLD shock absorbers distributorship KUALA LUMPUR: MSB Global Group Berhad, a player in Malaysia’s aftermarket automotive parts and component industry, announced its wholly-owned subsidiary, MSB Machinery Corporation (Malaysia) Sdn Bhd, entered into an overseas sales agency agreement with Zhejiang GOLD Intelligent Suspension Corp for the 10-year exclusive distributorship agreement to act as an exclusive distribution right to distribute, market and sell GOLD brand automotive shock absorber products in Malaysia, Thailand and Singapore. GOLD is a China-based manufacturer of automotive suspension system solutions and automotive shock absorbers products. MSB Global managing director Datuk Ow Kee Foo said: “Singapore offers us a more structured yet premium-focused market where we can directly control brand positioning, service quality and technical support. Thailand, on the other hand, presents a compelling growth opportunity, its aftermarket scale and strong replacement culture make it a key market for GOLD’s high-performance suspension systems.” The Agreement spans 10 years, with an initial 5-year term, targeting a cumulative sales volume of RMB50.00 million (approximately RM30.00 million) across Malaysia, Thailand and Singapore, with provisions for renewal and incremental growth targets thereafter. As part of the arrangement, MSB Global will also receive technical support, marketing materials, and product certifications from GOLD to ensure compliance and service excellence. CPO output slips, palm oil exports rise in September KUALA LUMPUR: Malaysia’s crude palm oil (CPO) production eased 0.73% month on-month (m-o-m) to 1.84 million tonnes in September 2025 from 1.86 million tonnes in August 2025, the Malaysian Palm Oil Board (MPOB) said. Palm oil exports rose 7.69% to 1.43 million tonnes from 1.32 million tonnes in the preceding month, MPOB said in its Performance of the Malaysian Palm Oil Industry, September 2025 report. Palm kernel output fell 2.41% m-o-m to 432,409 tonnes from 443,077 tonnes in August. Crude palm kernel oil production declined 5.49% to 197,197 tonnes from 208,655 tonnes, while palm kernel cake output slipped 4.84% to 216,465 tonnes from 227,473 tonnes. CPO inventories climbed 17.60% to 1.27 million tonnes in September from 1.08 million tonnes a month earlier, while processed palm oil stocks fell 2.74% to 1.09 million tonnes from 1.12 million tonnes. “This brought total palm oil inventories higher by 7.20% to 2.36 million tonnes in September from 2.20 million tonnes in August,” MPOB said. Palm kernel oil exports rose 6.48% to 117,520 tonnes from 110,363 tonnes, while palm kernel cake exports surged 45.79% m-o-m to 256,412 tonnes from 175,874 tonnes. Oleochemical exports increased 1.65% m-o-m to 234,893 tonnes from 231,079 tonnes, and biodiesel exports jumped 13.38% to 34,958 tonnes from 30,833 tonnes. – Bernama

ECERDC facilitates RM8.9b investments in Pahang

o State is key driver of growth in East Coast Economic Region

PUTRAJAYA: In the first nine months of 2025, the East Coast Economic Region Development Council (ECERDC) facilitated RM5 billion in realised investments and RM3.9 billion in committed investments in Pahang, reaffirming the state’s role as a key driver of growth in the East Coast Economic Region (ECER). The realised investments represent 90% of ECERDC’s RM5.6 billion target for Pahang in 2025, led by the manufacturing sector at 41%, oil and gas at 34%, and services at 25%. Together, these investments have created 2,846 new job opportunities for the people of Pahang. Meanwhile, the RM3.9 billion in committed investments, predominantly in manufacturing (95%) and agriculture (5%), are projected to generate a further 3,185 jobs upon realisation. The announcement was made in conjunction with the Implementation and Coordination Committee (ICC) ECER Pahang meeting in Putrajaya on Friday, which also featured two ceremonies that include a formal document exchange between ECERDC and four major companies investing in Pahang worth RM1.6 billion, and wholly-owned subsidiary of Bursa Malaysia Bhd have formalised a memorandum of collaboration (MoC) to jointly explore the development of the Sarawak Carbon Registry. The signing took place during the NREB Excellence and Service Awards Night 2025, a ceremony held to honour the dedication, commitment and outstanding service of NREB officers. The MoC was signed by Environmental Quality, Sarawak controller Datu Jack anak Liam, and Bursa Malaysia CEO Datuk Fad’l Mohamed The collaboration is to establish a robust carbon management framework and promote sustainable development. Under the two year collaboration, both parties will review the purposes and understand the objectives of the Sarawak Carbon Registry; organise capacity building programmes and technical meetings with relevant experts; explore potential high-level design of the Sarawak Carbon Registry; and develop a structured action plan for implementation. The Sarawak Carbon Registry will be developed in line with the Environment (Reduction of Greenhouse Gases Emission) Ordinance, 2023, which empowers NREB to regulate greenhouse gas emissions and encourage low carbon strategies across sectors.

efforts. By merging eco-tourism with environmental stewardship, the centre is poised to boost local economic activity, create green jobs, and enhance Cerating’s profile as a leading destination for responsible travel, aligning with broader goals for environmental sustainability and community-based tourism development. The meeting also highlighted the soon to be opened Kuantan Port City (KPC) Port Link Road project, a vital infrastructure initiative designed to strengthen logistics connectivity and support the Malaysia-China Kuantan Industrial Park (MCKIP). Packages 1, 2, 3A, and 4 have been successfully completed and handed over to the respective authorities, while Package 3B, which covers the construction of a 13-kilometre dual carriageway and a new toll plaza, is scheduled for Oct 21, 2025. Once fully operational, the project will enhance seamless access to MCKIP and Kuantan Port, from the East Coast Expressway (LPT2), significantly improving trade flows and industrial competitiveness.

position as a premier investment destination. We commend ECERDC’s pivotal role and anticipate their tangible benefits across the state.” ECERDC CEO Datuk Baidzawi Che Mat said Pahang’s success in securing high-value investments and advancing strategic projects across multiple sectors demonstrates the effectiveness of ECERDC’s balanced development model. “With the recent completion of TCIC set to boost local tourism activity, Pahang is well-positioned to attract new investors, create sustainable jobs, and strengthen its role in both domestic and international supply chains.” The newly completed TCIC marks a significant milestone for sustainable tourism in Pahang. It will serve as a vital pillar for protecting endangered sea turtles through dedicated conservation programmes, while also functioning as an educational centre for on-going conservation

the handover of the redeveloped Turtle Conservation & Information Centre (TCIC) in Cerating to Pahang State Fisheries Office. The four companies formalising their investments in Pahang are PKNP Fire Phoenix Data Center Sdn Bhd – to establish an AI data centre; Sinolion Wheels Technology Sdn Bhd – to produce aluminium alloy wheel rims; Malaysian Solar Resources Sdn Bhd – to develop a green technology manufacturing plant; Lionphos Sdn Bhd – to produce food-grade and electronic grade phosphate. Pahang Menteri Besar, Datuk Sri Wan Rosdy Wan Ismail said: “The Pahang State Government fully supports these investments as a crucial step in our socio-economic development mission. Such partnerships drive sustainable growth, foster innovation, and create high-value jobs in the state. “These projects align with our goals to enhance economic resilience and solidify Pahang’s

NREB Sarawak and Bursa team up for carbon registry KUCHING: The Natural Resources and Environment Board (NREB) and Bursa Carbon Exchange (BCX), a

The Memorandum of Collaboration was formalised by (third from left) Datu Jack, and (third from right) Fad’l, witnessed by (at the centre) Sarawak Premier Datuk Patinggi Tan Sri (Dr) Abang Abdul Rahman Zohari Tun Datuk Abang Openg.

multi-environmental product exchange, offering both carbon credits and renewable energy certificates (RECs). “With the expertise that BCX has built in operating the voluntary carbon market and working with international registries of carbon credits and RECs, Bursa Malaysia is well positioned to help Sarawak to leverage its natural assets and innovation capacity to generate high quality carbon credits and unlock new economic value,” he added.

Ordinance, which tasks NREB to develop and administer the Sarawak Carbon Registry. “By partnering with Bursa Carbon Exchange, given their vast experience with international carbon registries, Sarawak will be well-positioned to establish a credible and transparent carbon market ecosystem,” he said. Fad’l said Bursa Malaysia launched BCX almost 3 years ago as the world’s first Shariah-compliant carbon exchange. “Today, BCX has expanded into a

Datu Jack said, “Recognising the urgency of climate change, Sarawak took a bold step with the enactment of the Environment (Reduction of Greenhouse Gases Emission) Ordinance, 2023. This landmark Ordinance empowers NREB to regulate greenhouse gas emissions, encourage industries to adopt low carbon strategies, and accelerate the state’s transition towards clean and renewable energy.” He added that this collaboration supports their mandate under the