Bursa Malaysia Lower At Midday

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in tandem with most regional markets following weaker Wall Street performance overnight. 

Budget 2027: RM16 Bln STR, SARA Allocation Set To Boost Household Spending, Retail Sector

KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Bursa Malaysia Lower In Early Trading

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking weaker overnight performance on Wall Street. 

Economy Ministry Seeks Industry Input On Malaysia’s Energy Transition

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Economy has called on industry players to submit policy recommendations on energy storage, the hydrogen economy and smart grid deployment to advance Malaysia’s energy transition.

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.

Govt’s Net Financial Burden Related To 1MDB Estimated At RM20.1 Bln -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.

CPO Futures End Higher On Firmer Soybean Oil Futures, Export Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking firmer soybean oil futures on the Chicago Board of Trade (CBOT), while stronger palm oil export estimates lent further support to market sentiment.

Synology Records Double-Digit Sales Growth In Malaysia On Rising Govt, Healthcare Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 22 (Bernama) -- Taiwanese technology company Synology Inc has recorded strong double-digit sales growth in Malaysia thus far this year, driven by increased demand for its data storage solutions from government and healthcare organisations.

KL Rubber Market Closes Mixed Amid Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, as firmer regional rubber futures supported sentiment, while subdued demand from China’s tyre manufacturing sector capped further upside, a dealer said.