Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks – IMF

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).

KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

Ringgit Rises Against US Dollar Ahead Of 3Q GDP Estimates

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit closed higher against the weakening greenback on Thursday as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.

Malaysia’s Economy Likely To Grow 4.7 Pct In 3Q, Supported By Domestic Demand - TA Securities

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to expand by 4.7 per cent in the third quarter of 2026, supported by domestic consumption, investment and manufacturing activity, according to TA Securities.

Bursa Malaysia Snaps Four-Day Winning Streak On Profit Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Ringgit Opens Lower Vs US Dollar On Renewed US Rate Hike Expectations

By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.

KL Rubber Market Ends Mixed On Thai Supply Outlook

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 14 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, tracking weaker regional rubber futures as expectations of increased raw material supply from Thailand during its peak production season weighed on sentiment.

LRN Taps Former Elsevier Executive Omar Malik To Lead APAC

KUALA LUMPUR, Oct 14 (Bernama) -- LRN Corporation, an ethics and compliance solutions provider, has appointed Omar Malik as Managing Director for Asia-Pacific (APAC) as the company steps up efforts to grow its presence in the region.

Ringgit Ends Marginally Lower Against US Dollar Ahead Of US Inflation Data

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit closed slightly lower against the US dollar on Tuesday as investors remained cautious ahead of the United States inflation data due tomorrow, an analyst said.

FBM KLCI Ends Morning Session Higher On Bargain Hunting

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia rebounded at midday, supported by bargain hunting in selected heavyweights, led by the banking and energy counters.

Malaysia's F1 Ambition Requires More Than A Place On The Calendar

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 12 (Bernama) -- On qualifying day at the Singapore Grand Prix on Oct 9, I took the MRT for one stop from Nicoll Highway to Promenade to reach Gate 2, shortening my journey to the Porsche ARbox Carrera Cup Asia support paddock to meet Malaysian driver Naquib Azlan.