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.

Umios, Wah Kong Complete Malaysia Pet Food JV

KUALA LUMPUR, Oct 1 (Bernama) -- Umios Corporation and Wah Kong Corporation have completed the establishment of a strategic joint venture (JV) centred on Pet World International Sdn Bhd (PWI), a major Malaysian pet food company.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

Decision On Abolition Of 30 Pct IPS Equity Requirement Under Relevant Ministry’s Purview - Akmal Nasrullah

SUBANG JAYA, Sept 26 (Bernama) -- The decision on the abolition of the 30 per cent Bumiputera equity requirement for private educational institutions (IPS) falls under the purview of the relevant ministry in accordance with its jurisdiction, said Economy Minister Akmal Nasrullah Mohd Nasir.

Masan High-Tech Materials, Elmet Form Strategic Tungsten Partnership

KUALA LUMPUR, Sept 25 (Bernama) -- Masan High-Tech Materials Corporation (MSR) has entered into a strategic partnership with The Elmet Group Co (Elmet), combining a 4.99 per cent equity investment in MSR with multi-year agreements for the procurement and sale of tungsten products.

Rubber Market Maintains Upward Trend To Track Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 24 (Bernama) -- The Kuala Lumpur rubber market remained on an upward trend, closing higher on Thursday, tracking gains in regional rubber futures, said a dealer.

CPO Futures Close Lower For Third Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downward trend, closing lower for the third consecutive day on Wednesday, in line with weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

Rubber Market Extends Gains On Upbeat Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The Kuala Lumpur rubber market extended gains on Tuesday, closing higher on firmer regional rubber futures and continued supply tightness due to El Nino, a dealer said.

Kenanga IB: Budget 2027 Should Support Growth, Maintain Fiscal Consolidation

KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).

ASEAN’s Next Integration Phase Could Draw On NIMP 2030 Principles - Tengku Zafrul

By Anas Abu Hassan

SINGAPORE, Sept 21 (Bernama) -- ASEAN’s next stage of economic integration could draw on the principles underpinned by Malaysia's New Industrial Master Plan (NIMP) 2030, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Higher Production, Weaker Exports Keep CPO Futures Under Pressure

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended losses on Friday, closing lower amid expectations of higher production, an analyst said.

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.