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Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said.

RedPlanet Aims To Raise RM13.3 Mln Via IPO For ACE Market Transfer

KUALA LUMPUR, Sept 28 (Bernama) — RedPlanet Bhd aims to raise RM13.3 million through an initial public offering (IPO) ahead of its listing transfer to the ACE Market from the LEAP Market of Bursa Malaysia on Oct 22.

MIDA-OCBC Malaysia Partnership To Attract High-value Investments, Strengthen Local Businesses

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd have signed a memorandum of understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, South Korea and Taiwan, while supporting the development of local business ecosystems.

Bursa Malaysia Flat At Midday Amid Cautious Trading, Mild Selling

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia was flat at midday amid mild selling pressure as investors remained cautious, weighing prospects for United States (US)-Iran diplomatic talks against elevated oil prices and bond yields, alongside a hawkish US Federal Reserve, an analyst said.

Evocom Eyes Air Freight Transshipment Business Expansion To Australia, Middle East

KUALA LUMPUR, Sept 28 (Bernama) -- Evocom Bhd is looking to expand its air freight transshipment business, particularly on routes from China to Australia and the Middle East, as it seeks to diversify its operations beyond its core flexible staffing business.

Abaxx's Gold Singapore Futures Wins 2026 FOW Asia Pacific Awards

KUALA LUMPUR, Sept 28 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company announced that Abaxx Exchange’s Gold Singapore (GKS) futures contract has been named Best Innovation by an Exchange or Clearing House at the 2026 FOW Asia Pacific Awards.

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. 

Bursa Malaysia's Key Index Opens Higher Before Easing Marginally

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia’s key index opened higher on Monday before easing marginally in early trade, amid continued buying interest following Wall Street’s stronger performance and easing US-China trade tensions, an analyst said.

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.