LATEST NEWS   Kamaruddin Mohd Noor's appointment as Kelantan Exco member not renewed after Nov 9 - Deputy MB | Deepening structural reforms is essential for sustainable growth, better jobs -- World Bank | Malaysia's economic outlook for 2H 2026 remain positive, with domestic demand continuing to be supported by employment gains, targeted fiscal support, and ongoing investment activity -- World Bank | Continuous rain at alert level is expected in several areas in Kelantan, Terengganu and Sabah until tomorrow - MetMalaysia | Road safety must remain a key priority for MOT regardless of who heads the ministry - Loke | 

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Ringgit Ends Higher Against Greenback Amid Confidence In Malaysia’s Economic Fundamentals

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.

BNM Imposes Penalties On Three Entities For Anti-money Laundering, Terrorism Breaches

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) of RM276,000 each on AmBank (M) Bhd and AmBank Islamic Bhd for failing to submit cash threshold reports (CTR) promptly. 

Sabah's Federal Development Expenditure At 71.78 Pct As Of Oct 26

KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.

Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts

By Sakini Mohd Said

KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.

Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

Nuclear Power Could Strengthen Malaysia’s Low-carbon, Reliable Energy Mix

SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.

Fuel Subsidy Savings For This Year To Be Finalised By Year-end -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes. 

Ringgit Opens Higher Against US Dollar For Eight Consecutive Trading Days

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.

99,000 Job Opportunities Created From Over RM200 Bln Investments In 1H 2026 -- MITI

PUTRAJAYA, Oct 27 (Bernama) -- A total of 99,030 job opportunities are expected to be created through 2,746 approved investment projects in the first half of 2026 (1H 2026), opening up more opportunities for Malaysians to fill high-skilled jobs and enjoy better incomes. 

Ringgit Ends Higher Against Major Currencies, Eases vs US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this week, an analyst said.

Electricity Bill Protection Expansion Will Not Affect TNB's Dividend Payout -- Fadillah

KUALA LUMPUR, Oct 27 (Bernama) -- The initiative to expand electricity bill protection threshold for domestic customers until December 2026 will not affect Tenaga Nasional Bhd’s (TNB) ability to fulfil its dividend payment commitment to shareholders.