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GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.
KUALA LUMPUR, Oct 30 (Bernama) -- HSBC has upgraded Malaysia’s 2026 economic growth to 5.5 per cent from 5.2 per cent, the third consecutive year above the five per cent threshold, according to HSBC.
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia slipped into negative territory on Friday after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings.
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.
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.
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.
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.
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.
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).
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).
KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.
