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Labuan IBFC Climbs 11 Places To 44th In Global Financial Centres Index

KUALA LUMPUR, Oct 13 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) has climbed 11 places to rank 44th out of 117 global financial centres in the latest Global Financial Centres Index (GFCI 40).

FBM KLCI Ends Morning Session Higher On Bargain Hunting

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia rebounded at midday, supported by bargain hunting in selected heavyweights, led by the banking and energy counters.

Malaysia’s Fiscal Deficit To Narrow, But Spending Risks Persist - BMI

KUALA LUMPUR, Oct 13 (Bernama) -- BMI has maintained its forecast for Malaysia’s fiscal deficit to narrow to 3.4 per cent of gross domestic product (GDP) in 2027 from an estimated 3.6 per cent in 2026.

CPO Prices Expected At RM4,400-RM4,600/mt As El NiÑo Raises 2027 Outlook - Analysts

KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain under pressure from high stockpiles and seasonal production, with the possibility of El Niño supporting prices in 2027, according to research houses.

Bursa Malaysia Stays Lower At Mid-Morning On Mild Profit Taking

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia stayed lower at mid-morning on Tuesday amid mild profit-taking in selected heavyweight counters, as geopolitical tensions rose after attacks on Saudi Arabia. 

Budget 2027 Strengthens Sustainability, Climate Resilience Agenda - Kenanga IB

KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 reinforces Malaysia’s sustainability policy direction across decarbonisation, climate resilience and social inclusion, said Kenanga Investment Bank Bhd (Kenanga IB).

Corporate Malaysia Advised To Leverage Budget 2027 For Transformation

KUALA LUMPUR, Oct 13 (Bernama) -- Corporate Malaysia should leverage the opportunities under Budget 2027 to step up investment, improve productivity and build more sustainable and competitive businesses, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).

Budget 2027: Tax Relief To Boost Consumer Spending, Says Rakuten Trade

KUALA LUMPUR, Oct 13 (Bernama) -- Rakuten Trade Sdn Bhd sees the consumer sector as the main beneficiary of Budget 2027, in view of the individual income tax relief that could strengthen spending power among middle-income Malaysians. 

Govt Committed To Controlling Prices Following Minimum Wage Hike - Akmal Nasrullah

KUALA LUMPUR, Oct 13 (Bernama) -- The government will continue to strengthen efforts to stabilise the prices of essential goods to address concerns over rising living costs following the implementation of the RM2,000 minimum wage effective June 2027.

IJM Shares Fall Despite Securing RM1.23 Bln Construction Contract In Kedah

KUALA LUMPUR, Oct 13 (Bernama) -- IJM Corporation Bhd shares fell in early trading today despite its unit securing a RM1.23 billion construction contract in Kedah.

Global Economy To Decelerate To 3.1 Pct In 2026 Before Recovering To 3.4 Pct In 2027 - IMF

KUALA LUMPUR, Oct 13 (Bernama) -- Global growth is projected to decelerate to 3.1 per cent in 2026 from 3.5 per cent in 2025 before recovering to 3.4 per cent in 2027, according to the International Monetary Fund (IMF).  

Budget 2027: Wage Growth Depends On Productivity, Investment - CIMB

KUALA LUMPUR, Oct 13 (Bernama) -- Higher wages under Budget 2027 will require productivity gains, business investment and technology adoption to sustain competitiveness and create better jobs, according to CIMB Treasury and Markets Research.