Porcelain Inn Opens Largest Wedding Supply Outlet At GM Klang Mall

By Iskandar Shah Mohamed

KLANG, Oct 8 (Bernama) -- GM Klang is strengthening its business ecosystem with the opening of Porcelain Inn Sdn Bhd (PISB), Klang Valley's largest outlet specialising in wedding supplies and home decor.

Bursa Malaysia Ends Lower Amid Higher Oil Prices, Geopolitical Risks

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia ended lower today, remaining under selling pressure ahead of Budget 2027 announcement tomorrow, as a renewed surge in oil prices and escalating geopolitical tensions in West Asia further dampened risk sentiment.

Malaysia Must Strengthen Regional Cooperation To Ensure Stable Energy Supply -- Akmal Nasrullah

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia has highlighted the need to strengthen regional cooperation to ensure a stable and affordable energy supply, alongside efforts to accelerate the transition to low-carbon energy. 

Minimum Wage Of RM1,900-RM2,000 Should Be Phased In, Tailored By Sector -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s minimum wage could be raised to RM1,900-RM2,000 but should be introduced gradually and tailored to different sectors and states to ease pressure on micro, small and medium enterprises (MSMEs), an economist said.

Malaysia’s Economy Faces External Risks In 2027 – Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainties, US trade protectionism, and high interest rates in advanced economies, an economist said.

External Risks, Domestic Politics To Weigh On Malaysia's Economy In 2027 -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainty, the United States (US) trade protectionism policy, and high interest rates in developed nations, an economist said.

Cost Absorption Keeps Inflation Low But Price Pressures May Build In 2027 — Bank Muamalat

KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.

Govt Confident Of Achieving 40 Pct Workers’ Compensation Target By 2030 - Mohd Shahar

KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.

Ringgit Opens Slightly Higher Against US Dollar, Markets Eye Budget 2027

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday as markets awaited the tabling of Budget 2027 for clues on the direction of the country’s fiscal deficit.

TNB's Additional Tax Claim Not Passed On To Consumers Via Tariffs — MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The additional tax claim against Tenaga Nasional Bhd (TNB) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).

Govt Urged To Create Online Dashboard To Monitor Accounts Receivable Collection

KUALA LUMPUR, Oct 7 (Bernama) -- The government has been urged to develop an online dashboard to enable the status of efforts to collect the Federal Government’s Accounts Receivable (ABT) to be monitored regularly.

Ringgit Ends Higher Against Major Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed higher against most major currencies but lower against the US dollar on Wednesday, as the greenback strengthened broadly amid renewed concerns over Europe’s fiscal outlook, an analyst said.