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GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

Bursa Malaysia Lower At Midday Amid Selling In Banking Stocks

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by selling in selected heavyweights particularly banking stocks, in line with the softer Wall Street performance.

Malaysia Eyes Six In Ten EPF Members To Hit Basic Savings Benchmark Of RM390,000 By 2030 - PM Anwar

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

By Niam Seet Wei

KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business. 

Bursa Opens Lower On Wall St Weakness As Rising Oil Prices, US Bond Yields Weigh

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday, tracking weaker Wall Street performance overnight as rising crude oil prices and US bond yields weighed on sentiment.

Tioman Tourism Operators Seek Better Transport, Infrastructure In Budget 2027

ROMPIN, Sept 28 (Bernama) -- Tourism operators on Tioman Island hope Budget 2027 will strengthen the island’s economy and tourism industry through improved transport access and basic infrastructure to support local growth.

New Automotive Investors Could Replace BYD In Tanjong Malim - Perak MB

IPOH, Sept 28 (Bernama) -- Perak has confirmed that several automotive companies are interested in investing in KLK TechPark in Tanjong Malim, potentially replacing Chinese electric vehicle (EV) maker BYD Company Ltd, which previously withdrew from the project.

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.

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.

UKM Students Initiate Community-Based Social Enterprise Project To Raise Income Of Orang Asli Community

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 28 (Bernama) – It was a highly fulfilling experience for a group of business students from Universiti Kebangsaan Malaysia who applied what they learnt in economic management in their lectures to help an orang asli community at Bukit Lagong in Selayang supplement and raise their income from eggplant farming.

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.