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Minimum Wage Of RM1,900-RM2,000 Should Be Phased In, Tailored By Sector -- Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s minimum wage could be raised to RM1,900-RM2,000 but should be introduced gradually and tailored to different sectors and states to ease pressure on micro, small and medium enterprises (MSMEs), an economist said.

Malaysia’s Economy Faces External Risks In 2027 – Economist

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s economic growth is expected to face external risks in 2027, particularly geopolitical uncertainties, US trade protectionism, and high interest rates in advanced economies, an economist said.

Malaysia Must Leverage Industrial Ecosystem To Attract Quality Investments From US - Sim

GEORGE TOWN, Oct 8 (Bernama) -- Malaysia must continue to leverage its industrial ecosystem, skilled workforce, infrastructure and market access to attract more quality investments from the United States (US) amid intensifying competition from other Asian countries.

Indonesia Insurers Face Margin Pressure Despite Stable Outlook - AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient macroeconomic fundamentals that continue to support premium growth prospects and insurers’ operating earnings.

Penang Records RM18.2 Bln In US Manufacturing Investment Since 2020 -- Chow

GEORGE TOWN, Oct 8 (Bernama) -- Penang attracted RM18.2 billion in foreign direct investment from the United States (US) in the manufacturing sector between 2020 and the first half of 2026, accounting for 38 per cent of total US investment in Malaysia’s manufacturing sector.

Helical Fusion Raises About US$20.6 Mln In Series B Second Close

KUALA LUMPUR, Oct 8 (Bernama) -- Helical Fusion Co Ltd, a fusion energy company, has announced the completion of a 3.23 billion Japanese yen (approximately US$20.6 million) Series B second close (US$1 = RM4.08).

Cost Absorption Keeps Inflation Low But Price Pressures May Build In 2027 — Bank Muamalat

KUALA LUMPUR, Oct 8 (Bernama) – The gap between Malaysia’s producer and consumer inflation suggests businesses are absorbing some of their rising costs, although consumers could face higher prices if these pressures persist, according to Bank Muamalat Malaysia Bhd.

Malaysia's Ports To Accelerate Decarbonisation, Develop Green Bunkering Hubs - Loke

ISKANDAR PUTERI, Oct 8 (Bernama) -- Malaysia’s ports must accelerate decarbonisation efforts to meet the International Maritime Organization’s (IMO) requirement to achieve net-zero emissions by 2050, said Transport Minister Anthony Loke Siew Fook.

Govt Confident Of Achieving 40 Pct Workers’ Compensation Target By 2030 - Mohd Shahar

KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.

PTP Completes Electrification Of Prime Mover Fleet, Boosting Green Port Transition

ISKANDAR PUTERI  Oct 8 (Bernama) -- The deployment of 52 electric prime movers (e-PMs) at the Port of Tanjung Pelepas (PTP) is set to enhance operational efficiency while accelerating the port’s transition towards greener terminal operations, Transport Minister Anthony Loke said.

Singapore’s MS First Capital Earns Superior Credit Ratings - AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- Global credit rating agency, AM Best has affirmed Singapore’s MS First Capital Insurance Limited (MSFC) financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior).

Budget 2027: KUSKOP Seeks More Funding, Lower Business Costs For SMEs

KUALA LUMPUR, Oct 8 (Bernama) -- More funding and resources for small and medium enterprises (SMEs) as well as lower costs of doing business are among the key priorities of the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) for Budget 2027, said its minister Steven Sim Chee Keong.