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Ringgit Ends Higher Against ASEAN Currencies, Eases Against US Dollar

KUALA LUMPUR, Oct 5 -- The ringgit closed higher against most ASEAN currencies but eased against the US dollar on Monday, amid renewed concerns over France’s public finances following a sharp sell-off in its bond market last week.

Yinson Production's FPSO JAK Contract Extended To 2036

KUALA LUMPUR, Oct 5 (Bernama) -- Yinson Holdings Bhd’s 79 per cent-owned subsidiary Yinson Production (West Africa) Pte. Ltd and its 49 per cent-owned Yinson Production (West Africa) Ltd have signed a contract amendment with Eni Ghana Exploration and Production Ltd (Eni).

Introduce Dedicated AI Technology Training Scheme To Upskill Malaysian Manpower, Says GKK Consultants

Oleh Mikhail Raj Abdullah

KUALALUMPUR, Oct 5 (Bernama) -- A dedicated artificial intelligence (AI) technology scheme should be introduced to train and upskill the country’s manpower so as to fully understand, apply and use AI across almost all professions in Malaysia.

Zetrix AI In Discussions To Resolve Issues As JPJ Services Temporarily Suspended

KUALA LUMPUR, Oct 5 (Bernama) -- Zetrix AI Bhd said it is currently in discussions to resolve issues with the Road Transport Department (JPJ) following the temporary suspension of its services to the department effective today.

Bursa Malaysia Ends Marginally Higher On Improved Risk Appetite

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia closed slightly higher today, in line with upbeat regional markets, as improved risk appetite was supported by softer US labour data, that reduced expectations of further Federal Reserve tightening and eased pressure on bond yields.

UAE’s TII Probe Set To Make Historic Asteroid Landing

KUALA LUMPUR, Oct 5 (Bernama) -- The Technology Innovation Institute (TII) has revealed the United Arab Emirates (UAE)-built probe for the Emirates Mission to the Asteroid Belt (EMA).

12MP Development Spending Hits RM397.85 Bln, Below RM415 Bln Ceiling -- Auditor-general

KUALA LUMPUR, Oct 5 (Bernama) -- Development expenditure under the 12th Malaysia Plan (12MP) totalled RM397.85 billion as at Dec 31, 2025, remaining below the approved ceiling of RM415 billion, the Auditor-General’s Report (LKAN) 2/2026 said.

AMRO Upgrades Malaysia’s 2026 & 2027 Growth Forecasts As AI Investment Boosts Economy

By Anas Abu Hassan

SINGAPORE, Oct 5 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has raised its economic growth forecast for Malaysia to 5.1 per cent in 2026 from 4.9 per cent previously, and to 4.8 per cent in 2027 from 4.7 per cent, driven by robust artificial intelligence (AI)-related exports and investment.

Argentina Unveils Citizenship by Investment Programme 

KUALA LUMPUR, Oct 5 (Bernama) -- Argentina has unveiled details of its new Citizenship by Investment Programme, with applications expected to open in the fourth quarter of 2026 as the country seeks to position its wider economic and strategic assets more prominently on the international stage.

B15 Implementation Saves 23.62 Mln Litres Of Diesel A Month

KUALA LUMPUR, Oct 5 (Bernama) -- The implementation of the B15 biodiesel blend has saved an average of 23.62 million litres of petroleum-based diesel per month in the June-August period.

Govt's Subsidy Expenditure Down 40.1 Pct To RM23.43 Bln In 2025

KUALA LUMPUR, Oct 5 (Bernama) -- The government has managed to reduce its subsidy expenditure by 40.1 per cent to RM23.43 billion in 2025 from RM39.10 billion in 2024, supported by the decline in crude oil prices and the implementation of the targeted diesel and petrol subsidy reforms.

Bursa Malaysia Stays Higher At Midday Tracking Regional Peers

KUALA LUMPUR, Oct 5 -- Bursa Malaysia remained higher at midday in tandem with positive momentum across regional markets.