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Economy
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.
Market
Gold Futures End Higher Despite COMEX Losses
KUALA LUMPUR, Oct 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, despite losses on the US Commodity Exchange (COMEX).
Ringgit Ends Higher Against Greenback Amid Confidence In Malaysia’s Economic Fundamentals
By Engku Shariful Azni Engku Ab Latif
Late Buying Lifts Bursa Malaysia To Close Slightly Higher
By K. Naveen Prabu & Danni Haizal Danial Donald
Corporate
Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal
KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.
Oriental Interest Terminates Proposed Acqusition Of Chin Hin Jitra And CHJ Motor
KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Oriental Interest Bhd will not proceed with the proposed RM280 million acquisition of the entire equity interest in Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd.
PHB Acquires RM300 Mln Logistics Complex In Penang From Titijaya
KUALA LUMPUR, Oct 28 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has acquired a logistics real estate asset in Bayan Lepas Waterfront, Penang, from Titijaya Land Bhd for approximately RM300 million.