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Budget 2027: Six States Allocated RM21.26 Bln In Development Expenditure – Akmal Nasrullah

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 13 (Bernama) -- The government has allocated RM21.26 billion in development expenditure to six underdeveloped states under Budget 2027, with the distribution taking into account the different needs of each state, said Economy Minister Akmal Nasrullah Mohd Nasir.

Technology, Business Scaling Support Productivity, Wage Growth -- Akmal Nasrullah

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 13 (Bernama) -- The adoption of technology and business scaling can boost company productivity and enhance the ability to share the gains of growth with employees through wage increases, said Economy Minister Akmal Nasrullah Mohd Nasir.

Young People Recorded 65.9 Million BNPL Transactions Worth RM5.4 Bln In First Half Of 2026

KUALA LUMPUR, Oct 13 (Bernama) -- Young people aged 30 and below recorded 65.9 million Buy Now, Pay Later (BNPL) transactions worth RM5.4 billion in the first half of 2026, accounting for 37.9 per cent of total BNPL transactions in Malaysia, according to the Ministry of Finance (MoF).

Malaysia Targets Fiscal Deficit Below 3 Pct Within Two Years – Amir Hamzah

By Kenny Teng Khoon Hock

BANGKOK, Oct 13 (Bernama) -- Malaysia aims to reduce its fiscal deficit to below three per cent of gross domestic product (GDP) within the next two years through fiscal consolidation, targeted subsidy reforms and stronger private-sector participation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures End Higher, Tracking COMEX Gains

KUALA LUMPUR, Oct 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, tracking gains on the US Commodity Exchange (COMEX).

Binasat Proposes Private Placement Of Up To 60.43 Mln Shares

KUALA LUMPUR, Oct 13 (Bernama) -- Telecommunications engineering solutions provider Binasat Communications Bhd has proposed a private placement of up to 60.43 million new shares, representing up to 10 per cent of its total issued shares, to third-party investors to raise funds.

Jati Tinggi Says Business Operations Remain On Track, No Material Change

KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.

Over A Third Of Singapore Workers Unsure Of CEO Deepfakes

KUALA LUMPUR, Oct 13 (Bernama) -- KnowBe4, a digital workforce security company, has found that more than a third (36 per cent) of Singapore office workers are not confident they could distinguish a genuine message from their chief executive officer (CEO) from one generated using artificial intelligence (AI), including voice cloning and deepfake technology.

Private Sector Must Play Active Role If F1 Returns To Malaysia - Tengku Zafrul

By Karina Imran

KUALA LUMPUR, Oct 13 (Bernama) -- The private sector must play an active role to ensure Malaysia gained positive economic spillovers from hosting Formula One (F1) races should the country decide to bring back the prestigious motorsport event, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

23rd China-ASEAN Expo Attracts 3,432 Enterprises From 73 Countries

KUALA LUMPUR, Oct 13 (Bernama) -- The five-day 23rd China-ASEAN Expo (CAEXPO) concluded in Nanning, Guangxi Zhuang Autonomous Region, attracting 3,432 enterprises from 73 countries and regions to an exhibition spanning 170,000 square metres.

Kioxia Adds Direct Liquid Cooling Models To Enterprise SSDs

KUALA LUMPUR, Oct 13 (Bernama) -- Kioxia Corporation has added direct liquid cooling (DLC) models to its KIOXIA CM9 Series enterprise solid-state drive (SSD) lineup to support cold-plate-enabled server designs.

Bumiputera Companies Must Evolve From Suppliers To Technology Owners, Industry Leaders – Mohd Shahar

KUALA LUMPUR, Oct 13 (Bernama) -- Bumiputera companies need to evolve from suppliers to strategic partners, technology owners and industry leaders.