BSN Appoints Zukri Samat As New Chairman
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Simpanan Nasional (BSN) has appointed Datuk Seri Dr Zukri Samat as its new chairman, effective Oct 12, 2026, succeeding Datuk Seri Dr Awang Adek Hussin.
| LATEST NEWS | Two women killed as car catches fire in collision with lorry on Jalan Yong Peng-Ayer Hitam, Johor – Fire & Rescue Dept | Budget 2027: RM30 million for Sports Matching Grant to encourage organising of high-performance sporting events | Budget 2027: RM240 million for preparations to host 2027 SEA Games and ASEAN Para Games, RM460 million for national sports development | Budget 2027: Malaysian Indian Community Transformation Unit (MITRA) receives RM150 million for skills development among Indian youths | Budget 2027: RM8 billion will be allocated for technical and vocational education and training (TVET) across ministries | |
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External Risks, Domestic Politics To Weigh On Malaysia's Economy In 2027 -- Economist
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainty, the United States (US) trade protectionism policy, and high interest rates in developed nations, an economist said.
Avolution-Deloitte India Alliance To Advance Enterprise Architecture, AI Adoption
KUALA LUMPUR, Oct 8 (Bernama) -- Avolution, an enterprise architecture solutions provider, and Deloitte India have announced a strategic alliance to help organisations strengthen enterprise architecture capabilities and make more informed technology and transformation decisions through Avolution’s ABACUS platform.
Indonesia Insurers Face Margin Pressure Despite Stable Outlook - AM Best
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient macroeconomic fundamentals that continue to support premium growth prospects and insurers’ operating earnings.
Penang Records RM18.2 Bln In US Manufacturing Investment Since 2020 -- Chow
GEORGE TOWN, Oct 8 (Bernama) -- Penang attracted RM18.2 billion in foreign direct investment from the United States (US) in the manufacturing sector between 2020 and the first half of 2026, accounting for 38 per cent of total US investment in Malaysia’s manufacturing sector.
Advancecon Partners ACEN C&I To Offer Energy Options To Industrial Park Tenants
KUALA LUMPUR, Oct 8 (Bernama) -- Construction and infrastructure company Advancecon Holdings Bhd has partnered ACEN C&I MY Holdings Sdn Bhd to provide clean energy options to tenants of Silver Valley Technology Park (SVTP) in Ipoh, Perak.
Helical Fusion Raises About US$20.6 Mln In Series B Second Close
KUALA LUMPUR, Oct 8 (Bernama) -- Helical Fusion Co Ltd, a fusion energy company, has announced the completion of a 3.23 billion Japanese yen (approximately US$20.6 million) Series B second close (US$1 = RM4.08).
Cost Absorption Keeps Inflation Low But Price Pressures May Build In 2027 — Bank Muamalat
KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.
Adaptive Plantation Management Needed To Mitigate El Nino Impact On Oil Palm Crops -- Huang
KUALA LUMPUR, Oct 8 (Bernama) -- The government has encouraged adaptive plantation management practices, particularly in water management and soil moisture conservation, to mitigate the impact of the El Nino on oil palm crops.
SC Strengthens Enforcement, RM1.98 Mln Returned To 239 Investors In 2025 - Amir Hamzah
KUALA LUMPUR, Oct 8 (Bernama) -- The Securities Commission Malaysia (SC) successfully returned RM1.98 million to 239 investors in 2025 through enforcement action against violations of capital market laws.
Malaysia's Ports To Accelerate Decarbonisation, Develop Green Bunkering Hubs - Loke
ISKANDAR PUTERI, Oct 8 (Bernama) -- Malaysia’s ports must accelerate decarbonisation efforts to meet the International Maritime Organization’s (IMO) requirement to achieve net-zero emissions by 2050, said Transport Minister Anthony Loke Siew Fook.
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.