Bursa Malaysia Turns Lower In Early Trade After Opening Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.

FBM KLCI Futures Open Lower

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower today.

Ringgit Opens Flat Against Greenback As Markets Weigh US Interest Rate Outlook

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.

19 Projects Worth RM279.1 Mln Approved In Segamat -- MITI

KUALA LUMPUR, Oct 15 (Bernama) – Nineteen projects with an investment value of RM279.1 million have been approved in Segamat district, Johor, involving Buluh Kasap, Chaah, Jementah, Segamat Town and Labis.

13,743 Tonnes Of Battery Waste Generated Nationwide From 2021 To 2025

KUALA LUMPUR, Oct 15 (Bernama) -- A total of 13,743.15 tonnes of vehicle battery waste classified under scheduled waste code SW103 were generated nationwide between 2021 and 2025, according to the Ministry of Natural Resources and Environmental Sustainability (NRES).

Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks – IMF

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).

Malaysia Steps Up Efforts To Achieve US$30 Billion Trade Target With Thailand

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

CPO Futures Close Mostly Lower On Weaker CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).

CRESS Demand Remains Resilient Despite Revised System Access Charge - Analysts

KUALA LUMPUR, Oct 15 (Bernama) -- Demand for renewable energy (RE) under the Corporate Renewable Energy Supply Scheme (CRESS) is expected to remain resilient despite the revised system access charge (SAC).

Selangor Must Strengthen Local Talent To Maintain Foreign Investor Appeal -- Amirudin

KUALA LUMPUR, Oct 15 (Bernama) -- Selangor must intensify skill development for the local workforce and enhance their value-add to ensure foreign investors remain in the state, and not simply view it as a gateway to invest elsewhere.

Malaysia’s Nuclear Energy Development May Benefit From 123 Agreement With US – Raja Abdul Aziz

KUALA LUMPUR, Oct 15 (Bernama) -- The 123 Agreement currently being negotiated between Putrajaya and Washington is expected to pave the way for Malaysia to access nuclear technology expertise, develop local talent and strengthen its capabilities in nuclear energy development, said Atomic Energy Advisory Council of Malaysia chairman Raja Datuk Dr Abdul Aziz Raja Adnan.