ADB Raises Malaysia's Economic Growth Forecasts For 2026 And 2027

KUALA LUMPUR, Sept 23 (Bernama) -- The Asian Development Bank (ADB) has raised its 2026 and 2027 economic growth forecasts for Malaysia to 4.9 per cent and 4.7 per cent, respectively.

Gold Futures Close Lower Amid Firmer US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday as a firmer United States dollar continued to weigh on the precious metal. 

KLCI Futures End Lower In Line With Underlying Cash Market

KUALA LUMPUR, Sept 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Wednesday in line with the underlying cash market’s performance.

Rimbunan Sawit Estimates Ulu Teru Estate Disruption Reduced Revenue By About RM10 Mln

KUALA LUMPUR, Sept 23 (Bernama) -- Rimbunan Sawit Bhd estimates that a disruption to operations at its Ulu Teru Estate has reduced revenue by approximately RM10 million.

Ringgit Ends Higher Against Major Currencies, Weakens Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit ended higher against major currencies on Wednesday but weakened against the greenback as expectations of further interest rate hikes by the United States Federal Reserve (Fed) continued to support the US dollar.

Libya’s Maiden MIHAS 2026 Participation To Boost Bilateral Trade With Malaysia

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Libya’s maiden participation in the Malaysia International Halal Showcase (MIHAS) 2026 aims to boost bilateral trade between Libya and Malaysia, while deepening collaboration and facilitating smoother trade relations between the two countries.

Airbus Unit, Cebu Pacific Ink 12-Year Deal For A320 Maintenance, EOL Checks

SINGAPORE, Sept 23 (Bernama) -- Airbus’ wholly-owned subsidiary, Sepang Aircraft Engineering (SAE), has inked a contract with Cebu Pacific of the Philippines for 12-year aircraft maintenance and end-of-lease (EOL) checks on seven A320 aircraft. 

Bursa Malaysia Ends Lower On Profit-taking, Weaker Sentiment Towards Petrochemical Stocks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.

Malaysia Airlines Extends Airbus FHS Programme For A330ceo Fleet

SINGAPORE, Sept 23 (Bernama) -- Malaysia Airlines today inked an agreement to extend Airbus’ industry-leading Flight Hour Services (FHS) programme for its A330ceo fleet at the MRO (Maintenance, Repair and Operations) Asia-Pacific event here. 

Rubber Market Extends Gains For Third Straight Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market extended gains for a third consecutive day on Wednesday, supported by firmer regional rubber futures, optimism over US-China and US-Iran talks, and tighter supply due to adverse weather, a dealer said.

Budget 2027: Construction, AI, Infrastructure Sectors To Benefit - Moomoo

KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.

Budget 2027: MITRANS Calls For A More Predictable Public Transport

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 23 (Bernama) -- Predictability in public transport should be a key focus of Budget 2027, with greater attention given to improving existing services rather than concentrating mainly on new major projects.