KLCI Futures End Higher

KUALA LUMPUR, Oct 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the cash market performance. 

Malaysia’s Digital Economy To Reach US$48 Bln GMV In 2026, Matching Vietnam’s Growth

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s digital economy is projected to reach US$48 billion (US$1=RM4.08) in gross merchandise value (GMV) this year, according to the 11th edition of the annual e-Conomy SEA Report 2026. 

Maxis Neither Deny Nor Confirm Merger Report 

KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd neither denied nor confirmed a media report of a merger today but acknowledged that it is always evaluating strategic opportunities and partnerships that are value accretive.

Kenanga IB Raises Malaysia's 2026 PPI Growth Forecast To 7.4 Pct Amid Energy Risks

KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.

Rubber Market Ends Mixed, Supported By Regional Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.

Maxis Shares Slip After Reports Of Revived Merger Plans With U Mobile

KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd shares slipped in late trading today following reports of renewed plans for a potential merger with U Mobile Sdn Bhd, which could create the country’s largest wireless operator.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.

Vertex Material Plans NASDAQ Listing By 2Q-3Q Next Year, Eyes US$300-400 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.

Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts

By Sakini Mohd Said

KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

Safran's Negeri Sembilan Facility Produces 27 Pct Of Global Carbon Brake Discs

KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network.