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Govt Encourages Local Companies To Formulate Long-Term Strategies, Reduce Imports -- Johari

KUALA LUMPUR, Oct 23 (Bernama) -- The government encourages local companies to formulate long-term strategies to grow the country’s economy without increasing imports, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

Epic Named Finalist For Best Port Operator At TXA Awards 2026

KUALA LUMPUR, Oct 23 (Bernama) -- Terengganu state government-linked company, EPIC Bhd, has been named a finalist at the Transport Expo Asia (TXA) Awards 2026 in the Best Port Operator category.

Yinson Production, PTSC Achieve First Oil At Lac Da Vang Field Ahead Of Schedule

KUALA LUMPUR, Oct 23 (Bernama) -- Yinson Holdings Bhd’s offshore production business unit, Yinson Production Offshore Pte Ltd, and PetroVietnam Technical Services Corporation (PTSC) have achieved first oil at the Lac Da Vang (LDV) field offshore Vietnam ahead of schedule.

Bursa Malaysia's Key Index Ends At Intraday High On Selective Buying In Heavyweights

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the week on a flattish note, although the benchmark index managed to finish marginally higher as selective buying in index heavyweights helped offset cautious sentiment ahead of the weekend, said an analyst. 

Minimum Wage Exemption In Budget 2027 To Help MSMEs Adjust Recruitment, Salaries -- SME Corp

KUALA LUMPUR, Oct 23 (Bernama) -- The RM2,000 minimum wage exemption for micro, small and medium enterprises (MSMEs) with annual sales revenue below RM50 million in Budget 2027, effective June 2027, would help businesses adjust their workforce recruitment and salary structures, said SME Corporation Malaysia.

PAAB Proposes RM11.64 Bln Sukuk Programme For Long-term Water Infrastructure Development

KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.

Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts

BANGI, Oct 23 (Bernama) -- Malaysia should use data and analytics to improve subsidy targeting based on household needs, helping those most in need while maintaining fiscal sustainability.

Invest Malaysia Day 2026 Highlights Growth Opportunities For Singapore Businesses

KUALA LUMPUR, Oct 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA), CIMB Singapore and the Singapore Business Federation (SBF) have jointly concluded the inaugural Invest Malaysia Day 2026 in Singapore.

MPM Urges Closer Collaboration With LPA, Labuan Corp, Customs To Strengthen Shipping Services To Labuan

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Megah Port Management Sdn Bhd (MPM) has called for closer collaboration among the Labuan Port Authority (LPA), Labuan Corporation, the Royal Malaysian Customs Department and industry stakeholders to strengthen direct shipping services and enhance Labuan’s maritime connectivity.

MAG, Citi Announce US$75 Mln Trade Finance Facility To Strengthen Supply Chain

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Aviation Group (MAG) and Citibank Bhd (Citi) have announced a US$75 million (US$1=RM4.07) structured trade finance facility to improve working capital management, enhance liquidity and strengthen supply chain resilience to support MAG’s operational requirements across Asia.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in tandem with most regional markets following weaker Wall Street performance overnight. 

RAC Develops 10-year Plan To Enhance Train Services, Boost Public Transport Use

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Railway Assets Corporation (RAC) has developed a 10-year strategic plan to improve train service frequency and reliability, aiming to encourage more Malaysians to switch from private vehicles to public transport.