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. 

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.

AM Best To Present Insurance, Reinsurance Outlooks In Shanghai Conference

KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.

Johor's Power Infrastructure Faces Rising Demand From Data Centre Expansion – BMI

KUALA LUMPUR, Oct 23 (Bernama) -- Johor's expanding data centre industry is expected to drive significant electricity demand, highlighting the need for continued power infrastructure development, said BMI, a unit of Fitch Solutions.

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.

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. 

Most Travellers Find Tourism Ads Look Alike - Report

KUALA LUMPUR, Oct 23 (Bernama) -- Six in 10 international travellers say travel advertisements look similar and half cannot remember the last tourism ad they saw, according to a report by global tourism platform TOURISE and LIONS Advisory.

Budget 2027: RM16 Bln STR, SARA Allocation Set To Boost Household Spending, Retail Sector

KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Bursa Malaysia Lower In Early Trading

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking weaker overnight performance on Wall Street.