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.

Global Air Cargo Demand Up 7.7 Pct In September 2026 -- IATA

KUALA LUMPUR, Oct 29 (Bernama) -- Total air cargo demand, measured in cargo tonne-kilometres (CTK), rose 7.7 per cent year-on-year (y-o-y) in September 2026, with international demand increasing 8.6 per cent, according to the International Air Transport Association (IATA).

MyEG Hit With RM353.13 Mln Additional Income Tax Assessment By IRB, Civil Suit By Government 

KUALA LUMPUR, Oct 29 (Bernama) -- Zetrix AI Bhd's wholly owned subsidiary, My EG Sdn Bhd, received an additional income tax assessment from the Inland Revenue Board (IRB) totalling RM353.13 million on Wednesday.

SD Guthrie To Sell Bukit Kerayong Land For RM933.57 Mln, Forms JV With Bumi Assets, YTL Power

KUALA LUMPUR, Oct 29 (Bernama) -- SD Guthrie Bhd will sell 657.09 hectares of land in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million and partner with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop the site into an industrial park.

Sukuk Dissolution Event Does Not Require Immediate Full Repayment, Says Zetrix AI

KUALA LUMPUR, Oct 29 (Bernama) -- Zetrix AI acknowledges that a dissolution event had been triggered under its Sukuk Wakalah Programme following a breach of a covenant requiring Wong Thean Soon to remain its single largest shareholder.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

SKA Capital’s ACE Market IPO Oversubscribed 80.42 Times

KUALA LUMPUR, Oct 29 (Bernama) -- SKA Capital Bhd's initial public offering (IPO) has been oversubscribed by 80.42 times ahead of its listing on the ACE Market of Bursa Malaysia slated on Nov 11, 2026.

JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants

KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.

PNB, Bernama Explore Collaboration To Strengthen Public Financial Literacy

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- Permodalan Nasional Bhd (PNB) is exploring a collaboration with the Malaysian National News Agency (Bernama) to expand efforts to strengthen public financial literacy, especially to encourage Malaysians to save and invest.

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. 

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Govt Increases All State Allocations, Sabah And Sarawak Highest - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The federal government has always prioritised projects proposed by the state governments, including increasing allocations to all states, said Finance Minister II Datuk Seri Amir Hamzah Azizan.