EcoSys Debuts Strongly On ACE Market At 43 Sen Above IPO Price

KUALA LUMPUR, Oct 14 (Bernama) -- EcoSys (Malaysia) Bhd made a strong debut on the ACE Market of Bursa Malaysia today, opening at 70 sen, up 159 per cent or 43 sen above its initial public offering (IPO) price of 27 sen per share.

Signify To Strengthen Distribution Efforts In Malaysia To Drive Smart Lighting Adoption In Consumer Segment

KUALA LUMPUR, Oct 14 (Bernama) -- Global lighting company Signify is stepping up its online presence and distribution efforts in Malaysia to drive the adoption of connected lighting solutions as it sees significant growth potential in the country's consumer segment.

FBM KLCI Opens Higher On Bargain-Hunting, Resilient Domestic Fundamentals

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.

Ringgit Opens Marginally Higher Against US Dollar On Weaker DXY

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.

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).

52,133 Pickup Truck, SUV Owners In Sabah Approved For Additional 100 Litres of Diesel

KUALA LUMPUR, Oct 13 (Bernama) -- A total of 52,133 owners of diesel vehicles such as pickups and sport utility vehicles (SUVs) in Sabah have been approved for an additional 100 litres of diesel under the BUDI MADANI Diesel (BUDI Diesel) programme as of Oct 12, 2026, said the Ministry of Finance (MoF).

Govt Settles RM17.15 Bln In Excess Tax Refunds As Of Sept 30

KUALA LUMPUR, Oct 13 (Bernama) -- The government has settled tax overpayment refunds amounting to RM17.15 billion, involving 3.23 million taxpayer cases, for the period up to Sept 30, 2026.

CPO Futures Close Higher On Firmer Soybean Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil on the Chicago Board of Trade (CBOT).

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.

Sime Darby To Appeal RM150.18 Mln Tax Assessments

KUALA LUMPUR, Oct 13 (Bernama) -- Sime Darby Bhd said its wholly owned subsidiary, Sime Darby Holdings Bhd (SDHB), will appeal against tax assessments totalling RM150.18 million, including penalties, issued by the Inland Revenue Board (IRB) for the years of assessment 2017 to 2023.