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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.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Safran's Negeri Sembilan Facility Produces 27 Pct Of Global Carbon Brake Discs

KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network. 

SIC To Review MotoGP Ticket Prices, Track Rental Charges To Boost Revenue -- CEO

By Siti Radziah Hamzah

SEPANG, Oct 28 (Bernama) -- Sepang International Circuit (SIC) is eyeing a review of MotoGP ticket prices and track rental charges to boost revenue, cover rising operating costs and help fund its share of the championship’s hosting rights fees.

Listen Labs Launches AI ‘Twins’ To Predict Customer Behaviour

KUALA LUMPUR, Oct 28 (Bernama) -- Listen Labs, an artificial intelligence (AI) customer research company, has launched Listen Twins, AI models of individual real people in a company’s target audience, built from in-depth interviews and designed to predict how they would respond to questions.

AM Green To Supply Green Ammonia To Japan’s JERA

KUALA LUMPUR, Oct 28 (Bernama) -- AM Green Ammonia (India) Private Limited (AM Green), a global supplier of renewable ammonia, has signed a binding heads of agreement to supply Japanese power company JERA Co Inc (JERA) with about 70,000 tonnes of green ammonia, produced using renewable energy, annually for five years, with an option to extend.

Bursa Malaysia Key Index Remains Slightly Lower At Midday On Selling Pressure

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s key index remained slightly lower at midday today, dragged by continued selling in selected heavyweight stocks, particularly in the financial services sector. 

Hack The Box Cyber Training Yields 330 Pct ROI - Study 

KUALA LUMPUR, Oct 28 (Bernama) -- A study commissioned by cybersecurity training platform Hack The Box (HTB) and conducted by Forrester Consulting has found that a modelled organisation using the platform achieved a 330 per cent return on investment over three years, recouping its costs in less than six months.

Fitch Sees Malaysia’s Islamic Finance Topping US$800 Bln, Growth To Continue

KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.

Wealthy Families Diversify Residence, Citizenship Options Amid Global Volatility

KUALA LUMPUR, Oct 28 (Bernama) -- Henley & Partners’ new data showed a rising interest in additional residence and citizenship rights among wealthy families in some of the world’s most established countries, as political, regulatory and social volatility sharpened the focus on resilience and future optionality.

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.