By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit closed higher against the US dollar and other major currencies on Monday, supported by positive market sentiment following the Budget 2027 announcement last week, an analyst said.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 balances addressing the rakyat’s needs with fiscal discipline, but structural reforms are still needed to strengthen Malaysia’s long-term fiscal position, said economists.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth.
KUALA LUMPUR, Oct 12 (Bernama) -- Income tax deductions are proposed for the issuance cost of Sukuk Prisma approved or authorised by the Securities Commission Malaysia (SC) or lodged with SC for the assessment years 2027 to 2030.
KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative investment research and development capabilities, and fund performance.
KUALA LUMPUR, Oct 12 (Bernama) -- The fifth Global Digital Trade Expo was held in Hangzhou, east China’s Zhejiang Province, gathering over 2,000 global companies to showcase cutting-edge applications of artificial intelligence in digital trade.
KUALA LUMPUR, Oct 12 (Bernama) -- More than 750 executives, regulators, policymakers and industry leaders from 15 countries attended the 2026 Bermuda International Life & Annuity Conference, organised by Bermuda International Long Term Insurers and Reinsurers (BILTIR) recently.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 12 (Bernama) -- The Kuala Lumpur rubber market finished higher on Monday, with Standard Malaysian Rubber 20 (SMR 20) climbing 13.5 sen to hit 1,074.5 sen per kilogramme (kg), its highest level since May 9, 2012.
KUALA LUMPUR, Oct 12 (Bernama) -- Corporate Malaysia should use the opportunities presented by Budget 2027 to step up investment, improve productivity and build more sustainable and internationally competitive businesses, said CGS International Securities Malaysia Sdn Bhd (CGS MY).
KUALA LUMPUR, Oct 12 (Bernama) -- IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), which is seeking a listing on Bursa Malaysia Securities Bhd’s Main Market, has signed of an underwriting agreement with a syndicate of six financial institutions for its initial public offering (IPO).
KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative strategy research and development capabilities, and fund performance.
KUALA LUMPUR, Oct 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re).
