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.

PTP Completes Electrification Of Prime Mover Fleet, Boosting Green Port Transition

ISKANDAR PUTERI  Oct 8 (Bernama) -- The deployment of 52 electric prime movers (e-PMs) at the Port of Tanjung Pelepas (PTP) is set to enhance operational efficiency while accelerating the port’s transition towards greener terminal operations, Transport Minister Anthony Loke 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.

APO Databook Highlights Asia’s Productivity, Economic Growth Trends

KUALA LUMPUR, Oct 7 (Bernama) -- The Asian Productivity Organization (APO) has released the 19th edition of the APO Productivity Databook, providing harmonised comparisons of Asia’s economic growth and productivity from 1970 through 2024, with projections through 2035.

Budget 2027: Fiscal Deficit Expected To Narrow To 3.3 Pct Of GDP - Apex Securities

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028

Bahrain GP Boosts Q4 Services, Financial Impact Key To Assessing Permanent F1 Return -- Economists

KUALA LUMPUR, Oct 6 (Bernama) -- The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.

Introduce Dedicated AI Technology Training Scheme To Upskill Malaysian Manpower, Says GKK Consultants

Oleh Mikhail Raj Abdullah

KUALALUMPUR, Oct 5 (Bernama) -- A dedicated artificial intelligence (AI) technology scheme should be introduced to train and upskill the country’s manpower so as to fully understand, apply and use AI across almost all professions in Malaysia.

Bursa Malaysia Stays Higher At Midday Tracking Regional Peers

KUALA LUMPUR, Oct 5 -- Bursa Malaysia remained higher at midday in tandem with positive momentum across regional markets.

Ringgit Expected To Gain Ground Next Week Amid Weaker US Jobs Data

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.

EPF Calls For Pension System Reforms To Secure Lifelong Retirement Income

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.

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

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data that supported the greenback.

Singapore Growth Forecast At 4.8 Pct In 2026, Driven By AI-led Electronics Upcycle - AMRO

By Anas Abu Hassan

SINGAPORE, Sept 30 (Bernama) -- Singapore's economy is projected to moderate slightly to 4.8 per cent in 2026 from 5.0 per cent last year, driven by electronics upcycle led by artificial intelligence (AI), said the ASEAN+3 Macroeconomic and Research Office (AMRO).