Local Institutions Continue Net Buying On Bursa Malaysia With RM352.4 Mln Inflows - MBSB IB

KUALA LUMPUR, Oct 5 (Bernama) -- Local institutions extended their net buying on Bursa Malaysia to two consecutive weeks by recording net inflows of RM352.4 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

FIA President: Malaysia Needs Five-year Business Plan For F1 Return

By Siti Radziah Hamzah

SEPANG, Oct 5 (Bernama) -- Malaysia would need a minimum five-year business plan covering the commercial, promotional and logistical requirements of hosting Formula One (F1) if it wants to make a permanent return to the championship.

MARGMA Seeks Export Cess Cut, Enhanced Tax, Labour Policies In Budget 2027

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 5 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) has called on the government to remove or reduce the export cess, introduce stronger investment incentives, and enhance tax and labour policies under Budget 2027.

FBM KLCI Futures Open Higher

KUALA LUMPUR, Oct 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened higher on Monday, tracking gains in the underlying cash market.

Bursa Malaysia Opens Higher Tracking Wall Street Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Wall Street’s gains after softer US payroll growth eased expectations of an immediate Federal Reserve rate increase.

ACCA Puts Integrity First With Global Return To In-person Exams

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 5 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) returned to in-person examinations worldwide after seeing indications of changes in examination behaviour that could pose risks to the integrity of its qualification.

Ringgit Opens Higher Against US Dollar As Weaker US Jobs Data Weighs On Greenback

By K. Naveen Prabu

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid weaker-than-expected US jobs data, which is weighing on the greenback.

MSIA Seeks RM100 Mln Automation Allowance Limit; 200 Pct R&D Tax Deduction

FIA Prepared For Geopolitical Disruptions -- President

By Siti Radziah Hamzah

SEPANG, Oct 4 (Bernama) -- The Fédération Internationale de l'Automobile (FIA) must be prepared to respond to unexpected disruptions -- including geopolitical instability -- through risk management and assessment, said its president, Mohammed Ben Sulayem.

Refined SST System Could Create More Efficient Tax Environment – EY

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.

Former Factory Worker Reaping Rewards From IPR-INTAN Chilli Venture

By Kamarul Halim M Kamal

KLUANG, Oct 4 (Bernama) -- Former factory worker Mohd Rosli Jumain never thought that his decision to quit his job after working for 20 years to take part in the Program Inisiatif Pendapatan Rakyat-Inisiatif Usahawan Tani (IPR-INTAN) would pay off, enabling him to earn nearly RM3,000 a month.

Airwallex To Double Malaysia Workforce In 2026, Deepen Local Presence

KUALA LUMPUR, Oct 3 (Bernama) -- Global financial technology company Airwallex plans to double its headcount in Malaysia this year as it deepens its local presence, supported by growing cross-border transaction volumes.