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By Siti Noor Afera Abu & Naveen Prabu
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher on Wednesday, as bargain hunting continued in banking heavyweights, with the market remaining largely in positive territory throughout the trading session.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia is targeting RM700 million in venture capital (VC) investments and an estimated 2,000 to 3,500 additional active startup companies by 2030 through the KL20 initiative, said Minister of Economy Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Oct 14 (Bernama) -- The Saudi Fund for Development (SFD) and the Government of Kosovo have inaugurated an upgraded section of the Pristina–Mitrovica Highway, the fund’s first completed project in Kosovo.
KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.
KUALA LUMPUR, Oct 14 (Bernama) -- AmanahRaya Investment Management Sdn Bhd (ARIM) has temporarily suspended dealings in three unit trust funds under its management, namely, AmanahRaya Syariah Trust Fund (ARSTF), AmanahRaya Syariah Income Fund (ARSIF) and AmanahRaya Unit Trust Fund (ARUTF), effective yesterday.
KUALA LUMPUR, Oct 14 (Bernama) -- Businesses, including micro, small and medium enterprises (MSMEs) and mid-tier companies, stand to benefit from a record RM57 billion in loan and financing guarantees under Budget 2027, up from RM50 billion in 2026, economist and policy specialist Professor Geoffrey Williams said.
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s oil and gas services and equipment (OGSE) industry is well-positioned for its next phase of growth and must continue building scale, accelerating innovation and developing differentiated capabilities to compete more effectively on the regional and global stage, according to Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher on Wednesday, maintaining a cautious but positive tone, supported by continued bargain-hunting activities and resilient domestic fundamentals.
By Muhammad Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.
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.
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.
