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Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

MIDA, MINTRED Launch Sarawak Supply Chain Programme To Link Local Firms With Global Markets

KUALA LUMPUR, Sept 29 (Bernama) -- The Sarawak Government today launched the Sarawak Global Supply Chain and Sourcing Programme 2026 to strengthen industrial linkages, develop local enterprises and enhance Sarawak’s participation in regional and global supply chains.

All Approvals For Bunkering Licences, Permits To Be Handled By MOT Starting Feb 1, 2027 - Loke

KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Transport (MOT) will be the single lead agency to approve bunkering licences and related permits starting Feb 1, 2027, said its Minister Anthony Loke Siew Fook.

BNM Considers Greater Risk-taking To Support Energy Transition - Governor

KUALA LUMPUR, Sept 29 (Bernama) -- Bank Negara Malaysia (BNM) is considering giving financial institutions more room to take on higher risks responsibly to support the energy transition, Governor Datuk Seri Abdul Rasheed Ghaffour said.

ECRL Extension, Pinglu Canal Set To Enhance Regional Land-sea Connectivity

KUALA LUMPUR, Sept 29 (Bernama) -- The proposed extension of the East Coast Rail Link (ECRL) to Rantau Panjang, Kelantan, will create new opportunities for Malaysia to strengthen regional connectivity, particularly following the opening of China's Pinglu Canal, said Transport Minister Anthony Loke Siew Fook.

GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

MOT Seeks Tax Incentives To Encourage Local Shipbuilding, Vessel Repairs

KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.

Malaysia Eyes Six In Ten EPF Members To Hit Basic Savings Benchmark Of RM390,000 By 2030 - PM Anwar

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.

Budget 2027 Must Enhance People’s Ability To Adapt To AI To Boost Nation’s Competitive Advantage - HR Consultant

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia must undertake initiatives in Budget 2027 to accelerate the people’s ability to adapt to the dynamics of artificial intelligence (AI) rather than merely adopting it, a move which will help the country raise its competitive advantage.

Bursa Opens Lower On Wall St Weakness As Rising Oil Prices, US Bond Yields Weigh

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday, tracking weaker Wall Street performance overnight as rising crude oil prices and US bond yields weighed on sentiment.

MDSIDA Urges Direct Selling Industry To Embrace Technology, Drive Growth

KUALA LUMPUR, Sept 28 (Bernama) – The Malaysian Direct Selling Industry Development Association (MDSIDA) urges industry players to embrace technological transformation, including artificial intelligence (AI), to drive growth while maintaining ethical and compliance standards.

Budget 2027: Association Calls For Greater Govt Support To Drive Direct Selling Industry

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Direct Selling Industry Development Association (MDSIDA) has called for greater government allocations and initiatives to develop the direct selling industry in Malaysia in Budget 2027.