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Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts

By Sakini Mohd Said

KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.

Penang, Johor, Selangor Account For 80.5 Pct Of Malaysia’s September Trade – DOSM

KUALA LUMPUR, Oct 28 (Bernama) -- Penang, Johor and Selangor accounted for 80.5 per cent of Malaysia’s total trade in September 2026, according to the Department of Statistics Malaysia (DOSM).

Govt Has Yet To Set Target Year For 1MDB Claims, Asset Recovery -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The government has not set a target year to conclude all claims and asset recovery efforts related to 1Malaysia Development Bhd (1MDB), Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Fuel Subsidy Savings For This Year To Be Finalised By Year-end -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes. 

99,000 Job Opportunities Created From Over RM200 Bln Investments In 1H 2026 -- MITI

PUTRAJAYA, Oct 27 (Bernama) -- A total of 99,030 job opportunities are expected to be created through 2,746 approved investment projects in the first half of 2026 (1H 2026), opening up more opportunities for Malaysians to fill high-skilled jobs and enjoy better incomes. 

Nanning Expands ASEAN Global Engagement With Trade, AI Innovation

KUALA LUMPUR, Oct 27 (Bernama) -- Nearly 100 preliminary artificial intelligence (AI) cooperation agreements worth around two billion Chinese yuan were reached in Nanning during the recently concluded 23rd China-ASEAN Expo (CAEXPO), including more than one billion Chinese yuan in planned cooperation with ASEAN countries.

Ardens Lifescience Wins MedTech Innovator Asia Pacific Grand Prize

KUALA LUMPUR, Oct 27 (Bernama) -- MedTech Innovator (MTI) announced Ardens Lifescience has won the 2026 MedTech Innovator Asia Pacific Grand Prize, taking home US$175,000 for a system that treats peripheral lung cancer by destroying tumours with radiofrequency energy delivered through the airways. (US$1 = RM4.08)

Eco-Shop Posts Higher 1Q FY2027 Net Profit Of RM63.19 Mln, Declares 0.61 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Eco-Shop Marketing Bhd’s net profit for the first quarter of financial year 2027 ended Aug 31, 2026 (1Q FY2027) rose by 7.6 per cent to RM63.19 million from RM58.75 million posted in 1Q FY2026.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales. 

Government Takes Immediate Steps To Strengthen GLC, GLIC Governance -- Anwar

KUALA LUMPUR, Oct 27 (Bernama) -- The government is taking immediate steps to strengthen the governance of government-linked companies (GLCs) and government-linked investment companies (GLICs), including a proposal to introduce legislation governing state-owned entities, Prime Minister Datuk Seri Anwar Ibrahim said.

Striding AI Unveils Retail Robots, Plans 2027 Commercial Launch

KUALA LUMPUR, Oct 27 (Bernama) -- Striding AI has unveiled its physical artificial intelligence (AI) solution for retail, comprising two robots and a robot management platform, at the 22nd Asia-Pacific Retailers Convention & Exhibition on Oct 8.