QFC, US Chamber Of Commerce Sign MoU To Boost US-Qatar Business Ties

KUALA LUMPUR, Sept 28 (Bernama) -- The Qatar Financial Centre (QFC), an onshore financial and business centre, and the United States (US) Chamber of Commerce have signed a memorandum of understanding (MoU) to strengthen commercial and investment engagement between Qatar and the US.

BPMB Calls For Targeted Financing, MSME Support In Budget 2027

By Karina Imran

KUALA LUMPUR, Sept 28 (Bernama) -- Bank Pembangunan Malaysia Bhd Group (BPMB Group) has called for Budget 2027 to prioritise targeted measures that improve access to working capital and provide repayment flexibility for viable businesses affected by geopolitical developments and rising costs. 

Budget 2027: MAA Proposes Personal Income Tax Rebate To Boost xEV Adoption, Vehicle Scrapping

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Automotive Association (MAA) is proposing that the government provide a personal income tax rebate for the purchase of electrified vehicles (xEVs) and voluntarily scrapping of old vehicles in the 2027 Budget.

Ringgit Opens Mostly Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit opened mostly higher against major currencies but slightly lower against the US dollar, with geopolitical uncertainties supporting demand for the greenback.

TNB Navigates Rising Generation Costs Under Regulated Power Framework

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) role at the centre of Peninsular Malaysia's electricity system extends beyond that of a conventional profit-driven business, with tariffs, expenditure and returns governed by a regulated framework while the utility firm maintains critical power infrastructure.

MIHAS: Pahang Eyes Major Halal Hub Status, Kuantan Port To Go Halal-Friendly

By Nor Liyana binti Zulkifli

KUALA LUMPUR, Sept 26 (Bernama) -- The Pahang government plans to position the state as a major halal hub in Peninsular Malaysia by branding Kuantan Port as a halal-friendly port, leveraging its integration with the East Coast Rail Link (ECRL).

Saudi Arabia's Kinza Focuses On Consumer Needs, Right Partners For Expansion

KUALA LUMPUR, Sept 26 (Bernama) -- Saudi Arabian beverage brand Kinza is not seeking to compete with established beverage giants, but is instead focused on understanding changing consumer needs and expectations as it expands into Southeast Asia.

Meta, KUSKOP Launch Small Business Growth Academy To Empower Malaysian MSMEs With AI, WhatsApp For Business Tools

KUALA LUMPUR, Sept 26 (Bernama) -- Meta Platforms Inc has launched the Small Business Growth Academy (SBGA) to help Malaysian micro, small and medium enterprises (MSMEs) use AI-enabled tools and WhatsApp for Business to find and connect with customers, improve productivity and grow across borders.

Gold Futures Likely To Trade Between US$4,200 And US$4,400 Next Week

By K. Naveen Prabu

KUALA LUMPUR, Sept 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,200 and US$4,400 per troy ounce next week, with oil prices, bond yields and the US dollar expected to influence market direction.

FBM KLCI Futures Set For Bargain Hunting Next Week On US-China Trade Truce Extension

KUALA LUMPUR, Sept 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to attract bargain-hunting interest next week, supported by the extension of the US-China trade truce by another two months.

CPO Futures Close Lower Amid Rising Palm Oil Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, weighed down by expectations of higher palm oil stocks.

Ringgit Closes Higher Against US Dollar Despite Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit closed higher against the US dollar on Friday, driven by bargain-hunting activity despite expectations of further US interest rate hikes.