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Young People Recorded 65.9 Million BNPL Transactions Worth RM5.4 Bln In First Half Of 2026

KUALA LUMPUR, Oct 13 (Bernama) -- Young people aged 30 and below recorded 65.9 million Buy Now, Pay Later (BNPL) transactions worth RM5.4 billion in the first half of 2026, accounting for 37.9 per cent of total BNPL transactions in Malaysia, according to the Ministry of Finance (MoF).

52,133 Pickup Truck, SUV Owners In Sabah Approved For Additional 100 Litres of Diesel

KUALA LUMPUR, Oct 13 (Bernama) -- A total of 52,133 owners of diesel vehicles such as pickups and sport utility vehicles (SUVs) in Sabah have been approved for an additional 100 litres of diesel under the BUDI MADANI Diesel (BUDI Diesel) programme as of Oct 12, 2026, said the Ministry of Finance (MoF).

Govt Settles RM17.15 Bln In Excess Tax Refunds As Of Sept 30

KUALA LUMPUR, Oct 13 (Bernama) -- The government has settled tax overpayment refunds amounting to RM17.15 billion, involving 3.23 million taxpayer cases, for the period up to Sept 30, 2026.

CPO Futures Close Higher On Firmer Soybean Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil on the Chicago Board of Trade (CBOT).

Malaysia Targets Fiscal Deficit Below 3 Pct Within Two Years – Amir Hamzah

By Kenny Teng Khoon Hock

BANGKOK, Oct 13 (Bernama) -- Malaysia aims to reduce its fiscal deficit to below three per cent of gross domestic product (GDP) within the next two years through fiscal consolidation, targeted subsidy reforms and stronger private-sector participation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Sime Darby To Appeal RM150.18 Mln Tax Assessments

KUALA LUMPUR, Oct 13 (Bernama) -- Sime Darby Bhd said its wholly owned subsidiary, Sime Darby Holdings Bhd (SDHB), will appeal against tax assessments totalling RM150.18 million, including penalties, issued by the Inland Revenue Board (IRB) for the years of assessment 2017 to 2023.

Gold Futures End Higher, Tracking COMEX Gains

KUALA LUMPUR, Oct 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, tracking gains on the US Commodity Exchange (COMEX).

Binasat Proposes Private Placement Of Up To 60.43 Mln Shares

KUALA LUMPUR, Oct 13 (Bernama) -- Telecommunications engineering solutions provider Binasat Communications Bhd has proposed a private placement of up to 60.43 million new shares, representing up to 10 per cent of its total issued shares, to third-party investors to raise funds.

Jati Tinggi Says Business Operations Remain On Track, No Material Change

KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.

Lianson Fleet Unit Acquires Bulk Carrier For RM93.9 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) wholly owned subsidiary, LFG Cengal Ltd, has acquired a bulk carrier, named LFG Cengal, for a total cash consideration of US$23 million (RM93.9 million) from an unrelated third party.

Over A Third Of Singapore Workers Unsure Of CEO Deepfakes

KUALA LUMPUR, Oct 13 (Bernama) -- KnowBe4, a digital workforce security company, has found that more than a third (36 per cent) of Singapore office workers are not confident they could distinguish a genuine message from their chief executive officer (CEO) from one generated using artificial intelligence (AI), including voice cloning and deepfake technology.

KLCI Futures End Higher, Tracking Underlying Cash Market

KUALA LUMPUR, Oct 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the underlying cash market’s performance.