Strengthen Energy Security, Accelerate Power Grid Development - ASEAN Sec-Gen

From Rosemarie Khoo Mohd Sani

SINGAPORE, Oct 27 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) must strengthen energy security, accelerate regional electricity connectivity and mobilise investment for energy projects to meet growing demand and improve the region’s resilience, said its Secretary-General Dr Kao Kim Hourn.

Bursa Malaysia Opens Higher Tracking Wall Street Cues

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking firmer overnight Wall Street performance.

STR, SARA To Help Households Cope With Rising Living Costs, A Short-Term Assistance

KUALA LUMPUR, Oct 27 (Bernama) -- The Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) assistance programmes must remain short-term measures rather than permanent features, as they are designed to help households cope with rising living costs and maintain their purchasing power, an economist said.

BNM, ISDB Discuss Future Collaboration On Islamic Finance, Sustainable Development

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM)’s governor Datuk Seri Abdul Rasheed Ghaffour has met with the Islamic Development Bank (IsDB) group chairman Dr Muhammad Al Jasser to discuss ongoing and future collaboration between the two parties.

Aneka Jaringan Unit Bags RM53.35 Mln Bored Piling Contract

KUALA LUMPUR, Oct 26 (Bernama) -- Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB), has accepted a letter of award (LoA) worth RM53.35 million for bored piling works at Rio City Town Centre, Puchong, Selangor.

Citaglobal To Divest Entire 20 Pct Stake In Manjaran To BProperty For RM50 Mln In Shares

KUALA LUMPUR, Oct 26 (Bernama) -- Citaglobal Bhd has entered into a conditional agreement to sell its entire 20 per cent stake in Manjaran Sdn Bhd to Berjaya Property Bhd (BProperty) for RM50 million, which will be fully paid in BProperty shares.

Gold Futures End Lower Amid Selling In Materials, Mining Stocks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday due to significant selling in materials stocks and gold-mining shares, an analyst said.

Bursa Malaysia Ends Lower On Selling In Utilities, Banking Heavyweights

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.

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.

Govt To Implement NDI Approach In 2027 For Aid Eligibility Assessment

KUALA LUMPUR, Oct 26 (Bernama) –- The government will implement the Net Disposable Income (NDI) approach in 2027 to ensure that the assessment of eligibility for aid takes into account demographic factors and liabilities, in addition to income.