LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit closed higher against the weakening greenback on Thursday as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the second consecutive day today, with SMR 20 recording a sharp decline in line with weaker regional rubber futures markets.
KUALA LUMPUR, Oct 15 (Bernama) -- Data centre investors will be required to bear the cost of upgrading electricity transmission lines to meet their power requirements, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
KUALA LUMPUR Oct 15 (Bernama) -- Nearly 88 per cent of manufacturing projects approved in Selangor between 2021 and June 2026 had started implementation, from construction to production, as of Oct 13, 2026, according to the Malaysian Investment Development Authority (MIDA).
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained lower at midday due to continuous profit-taking after hitting a four-day high.
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.
By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.
KUALA LUMPUR, Oct 14 (Bernama) – A proposal to allocate a portion of existing technology and semiconductor funds to Malaysian technology companies via the Penang Technology Financial Centre (PTFC) — thereby supporting Penang's development as the nation's technology financial hub — was among the points raised at the policy-level debate on the Supply (Budget) Bill 2027 in the Dewan Rakyat today.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as investors' risk appetite improved ahead of US inflation data, with sentiment supported by the Budget 2027 announcement last week.
KUALA LUMPUR, Oct 14 (Bernama) -- Chery Group’s robotics brand AiMOGA will unveil a new home robot at the 2026 Chery International User Summit in Wuhu, China.
By Muhammad Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.
