Govt Plans To Reform Development Expenditure Allocation Based On States’ Needs

KUALA LUMPUR, Oct 30 (Bernama) -- The government plans to reform federal development expenditure by moving away from a historical spending-based approach towards a model that prioritises equity and efficiency to narrow regional productivity gaps.

Anwar Urges Bursa Malaysia To Help More Local Firms Become Regional Champions

KUALA LUMPUR, Oct 29 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Bursa Malaysia Bhd to help more Malaysian companies grow into regional champions, saying too many promising businesses remain small for too long.

Bursa Malaysia Snaps 2-Day Winning Streak to Close Lower

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia snapped a two-day winning streak to close lower on Thursday, in line with regional markets, as continued selling pressure in blue chip stocks weighed on market sentiment. 

Rural Roads Programme Financing Prioritised, Allocation For 2026 Rises To RM3.1 Bln – Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) – The government is prioritising the Rural Roads Programme (JALB) project financing with the total allocation for 2026 rising to RM3.1 billion from the original allocation of RM2.11 billion, according to the Finance Ministry (MoF).

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking losses in regional rubber futures and a decline in benchmark crude oil prices, a dealer said.

Upfront Financing Needed To Support Malaysia’s Green Steel Transition - Think Tank

KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).

Bursa Malaysia Key Index Firmer At Midday, Tracking Regional Gains

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia’s key index traded firmer at midday in line with regional gains amid ongoing external and domestic headwinds.

UAE’s Space42 Signs Satellite MoU With Viasat, Canada’s Terrestar

KUALA LUMPUR, Oct 29 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, United States satellite firm Viasat Inc and Canada’s Terrestar Solutions Inc have signed a memorandum of understanding (MoU) to develop an open, standards-based framework linking their planned satellite networks for direct-to-device (D2D) mobile services.

Tebedu-Entikong Route Reopening To Boost Cross-border Trade, Benefit SMEs -- SBF

By Zaphne Philip

KUCHING, Oct 29 (Bernama) -- The reopening of the Tebedu-Entikong trade route could significantly stimulate economic activity, boost cross-border trade, and attract investment between Sarawak and West Kalimantan, the Sarawak Business Federation (SBF) said.

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. 

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.

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.