Fitch Sees Malaysia’s Islamic Finance Topping US$800 Bln, Growth To Continue

KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.

Electricity Bill Protection Expansion Will Not Affect TNB's Dividend Payout -- Fadillah

KUALA LUMPUR, Oct 27 (Bernama) -- The initiative to expand electricity bill protection threshold for domestic customers until December 2026 will not affect Tenaga Nasional Bhd’s (TNB) ability to fulfil its dividend payment commitment to shareholders.

Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales. 

Matrix Concepts To Acquire 175 Ha Of Land In Kulai For RM169 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- Matrix Concepts Holdings Bhd's unit, Matrix Concepts (Southern) Sdn Bhd, has signed separate sale and purchase agreements (SPAs) to acquire 57 parcels of land spanning about 174.77 hectares in Kulai, Johor, for RM169.31 million in cash.

CPO Futures Expected To Trade Cautiously Next Week Amid Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as profit-taking is likely to emerge, despite higher energy prices amid the ongoing tensions in West Asia.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.

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.

Pavilion REIT Records Lower Net Profit Of RM92.90 Mln In Third Quarter

KUALA LUMPUR, Oct 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM92.90 million in the third quarter ended Sept 30, 2026, from RM94.58 million in 3Q 2025.