LATEST NEWS   The Selangor state honours investiture ceremony, scheduled for tomorrow, has been postponed to Nov 7 - Istana Alam Shah | Pondok institutions serve as a bulwark in safeguarding faith, morals, character and good manners - PM Anwar | Sultan of Selangor Sultan Sharafuddin Idris Shah is unwell due to Influenza A infection - Istana Alam Shah | Malaysia, Thailand to finalise negotiations on widening the river mouth of Sungai Golok within a month – PM Anwar | Mata Ayer assemblywoman Wan Badariah Wan Saad died at 4.26 pm today in Kangar - Perlis PAS information chief | 

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Ringgit Opens Higher As AI Investment Concerns Weigh On Greenback

By Siti Noor Afera Abu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit opened higher on Friday as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)-related investments.

Govt’s Net Financial Burden Related To 1MDB Estimated At RM20.1 Bln -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.

Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027

KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).

EPF Contribution Rate For Foreign Workers Relatively Low, Says MOF

KUALA LUMPUR, Oct 22 (Bernama) -- The two per cent Employees Provident Fund (EPF) contribution rate payable by employers for non-Malaysian workers is relatively low, the Finance Ministry (MOF) said.

Transport Sector Must Prioritise Growth, Environmental Sustainability - Loke

KUALA LUMPUR, Oct 22 (Bernama) -- The future of transport must support long-term economic growth while responding responsibly to environmental challenges, according to the Ministry of Transport (MoT). 

Synology Records Double-Digit Sales Growth In Malaysia On Rising Govt, Healthcare Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwanese technology company Synology Inc has recorded strong double-digit sales growth in Malaysia thus far this year, driven by increased demand for its data storage solutions from government and healthcare organisations.

Malaysia Retains Top Spot In Global Islamic Finance Development Rankings For 14th Consecutive Year

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).

Repayment Deferments Extended To Nepal-China Flood Victims, Says BNM

KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.

TSH Resources Says Indonesia Operations Unaffected By Forest Fires

KUALA LUMPUR, Oct 22 (Bernama) -- TSH Resources Bhd said its operations, concessions and other assets in Indonesia had not been affected by recent forest and peatland fires.

Taiwan’s CTBC Bank Wins Three CorporateTreasurer Awards In Singapore

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwan’s CTBC Bank has won three awards at The CorporateTreasurer Awards 2026 in Singapore, including Best for FX/Hedging Solutions – North Asia, marking its fifth recognition from the publication.

Kerjaya Prospek Consortium Secures RM568.19 Mln TNB Contract

KUALA LUMPUR, Oct 22 (Bernama) -- Kerjaya Prospek Group Bhd, through a consortium involving its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPMSB), has secured a RM568.19 million contract from Tenaga Nasional Bhd (TNB) for the execution and establishment of Paka GIS in Terengganu.

Fusion Energy Start-Up Hephaestus Emerges With US$17.2 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- London-based fusion energy start-up Hephaestus has emerged from stealth, having raised US$17.2 million to date, with its latest funding round led by CiRi Ventures. (US$1 = RM4.07)