New Financial Sector Blueprint Eyes Bigger Role For Islamic Finance In Malaysia’s Economic Transformation -- BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) wants Islamic financial institutions to play a greater role in financing the country's next phase of economic transformation, an aspiration that would be reflected in the financial sector blueprint planned in 2027.

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.

BNM's New Electronic Trading Platforms Framework To Replace 2019 Policy On Nov 1

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) has issued a new Framework for Electronic Trading Platforms (ETP), which will replace the existing 2019 framework effective Nov 1, 2026.

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.

Bursa Malaysia Ends Morning Session Lower Amid Ongoing West Asia Tensions

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia ended the morning session lower today, weighed down by escalating geopolitical tensions in West Asia.

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.

Maxis Shares Up At Early Trade Following RM83 Mln Broadband Business Asset Acquisition

KUALA LUMPUR, Oct 26 (Bernama) -- Maxis Bhd’s shares rose at early trade today following the group’s proposed acquisition of  Astro Malaysia Holdings Bhd’s wholly owned subsidiary MEASAT Broadcast Network Systems Sdn Bhd’s (MBNS) broadband business assets for RM83 million.

Bursa Malaysia Opens Slightly Higher But Falls Thereafter

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but fell thereafter as market sentiment was weighed down by the weaker overnight performance on Wall Street. 

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade on Monday amid cautious sentiment ahead of the US Federal Reserve’s Federal Open Market Committee (FOMC) meeting on Oct 27-28. 

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.

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.