Ringgit Ends Slightly Higher Against Greenback On Fed Rate Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.

Higher LPPSA Financing Ceiling Seen Supporting Homeownership, Property Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 30 (Bernama) -- The increase in the Public Sector Home Financing Board’s (LPPSA) maximum housing financing ceiling to RM1 million is expected to strengthen homeownership among civil servants and support demand in the residential property market, property experts said.

AM Best Assigns B++ Financial Strength Rating To Beibu Gulf Insurance

KUALA LUMPUR, Sept 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Beibu Gulf Property & Casualty Insurance Company Ltd (Beibu Gulf Insurance).

Gulf Air’s Return To KLIA Supports Rising Air Travel Demand - Hasbi

SEPANG, Sept 30 (Bernama) -- Gulf Air's return to Kuala Lumpur is expected to provide additional international capacity as Malaysia’s air passenger traffic is projected to reach as high as 109.7 million this year.

FBM KLCI Extends Gains At Midday, Led By Utilities

KUALA LUMPUR, Sept 30 (Bernama) -- The benchmark index for Bursa Malaysia rebounded at midday on bargain hunting in selected heavyweights, led by utilities stocks, although market breadth remained negative.

JC3 Journey To Zero Conference Reaffirms Financial Sector’s Role In Driving Climate, Resilient Growth - BNM

KUALA LUMPUR, Sept 30 (Bernama) -- The Joint Committee on Climate Change (JC3) Journey to Zero Conference 2026 has reaffirmed the critical role of the financial industry in advancing Malaysia’s sustainable and resilient growth agenda, according to Bank Negara Malaysia (BNM). 

KOSA, MegazoneCloud Highlight Korean AI And Software Firms’ ASEAN Expansion

KUALA LUMPUR, Sept 30 (Bernama) -- Korea AI·Software Industry Association (KOSA) and MegazoneCloud jointly operated the "Korea Industrial AX Pavilion" at Tech Week Singapore 2026 from Sept 29 to 30.

Budget 2027 An Opportunity To Boost Government-Industry AI Collaboration – AWS

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 30 (Bernama) -- Budget 2027 offers an opportunity to strengthen government-industry collaboration and boost Malaysia’s artificial intelligence (AI) capabilities, said Amazon.com company, Amazon Web Services (AWS).

Proton: Long-Term Auto Policy, Comprehensive Vehicle Renewal Framework Needed In Budget 2027

KUALA LUMPUR, Sept 30 (Bernama) -- Proton Holdings Bhd is calling for a long-term and technology-inclusive automotive policy in Budget 2027 to support the industry’s transition towards electrified vehicles (xEVs).

All Approvals For Bunkering Licences, Permits To Be Handled By MOT Starting Feb 1, 2027 - Loke

KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Transport (MOT) will be the single lead agency to approve bunkering licences and related permits starting Feb 1, 2027, said its Minister Anthony Loke Siew Fook.

ECRL Extension, Pinglu Canal Set To Enhance Regional Land-sea Connectivity

KUALA LUMPUR, Sept 29 (Bernama) -- The proposed extension of the East Coast Rail Link (ECRL) to Rantau Panjang, Kelantan, will create new opportunities for Malaysia to strengthen regional connectivity, particularly following the opening of China's Pinglu Canal, said Transport Minister Anthony Loke Siew Fook.

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.