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Economy
MIDA Calls For Coordinated Investment Strategy To Position Borneo As Investment Hub
KUALA LUMPUR, Oct 27 (Bernama) -- The Invest Borneo action plan should focus on shared value chains, improve cross-border ease of doing business and prioritise investment realisation to strengthen Borneo’s position as an investment hub, according to the Malaysian Investment Development Authority (MIDA).
Market
Bursa Malaysia Higher At Midday On Improved Global Risk Sentiment
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by an improved global risk appetite amid easing oil prices.
Bursa Malaysia Stays Higher At Mid-Morning On Continous Buying Activities
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia stayed higher mid-morning, supported by continuous buying in selected heavyweights, mainly utility counters.
Bursa Malaysia Opens Higher Tracking Wall Street Cues
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking firmer overnight Wall Street performance.
Ringgit Opens Higher Against US Dollar, Major Currencies
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.
Corporate
Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend
KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales.
LPI Capital 3Q Net Profit Eases To RM96.82 Mln
KUALA LUMPUR, Oct 27 (Bernama) -- LPI Capital Bhd’s net profit fell 15.7 per cent to RM96.82 million in the third quarter (3Q) ended Sept 30, 2026, from RM114.83 million a year earlier, due to lower profit from its investment holding segment.
Matrix Concepts To Acquire 175 Ha Of Land In Kulai For RM169 Mln
KUALA LUMPUR, Oct 27 (Bernama) -- Matrix Concepts Holdings Bhd's unit, Matrix Concepts (Southern) Sdn Bhd, has signed separate sale and purchase agreements (SPAs) to acquire 57 parcels of land spanning about 174.77 hectares in Kulai, Johor, for RM169.31 million in cash.