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BPMB Entrusted With Over RM7 Bln For Strategic Initiatives Under Budget 2027

KUALA LUMPUR, Oct 12 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) has been entrusted by the government with more than RM7 billion earmarked for strategic initiatives across seven priority sectors under Budget 2027.

FBM KLCI Remains Higher At Midday On Bargain Hunting, Budget 2027 Optimism

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia’s key index stayed higher at midday, supported by selective bargain hunting and optimism surrounding Budget 2027, and in line with the rebound on Wall Street.

Malaysia To Reduce Overdependence On Semiconductors, Diversify Economic Growth Sources

KUALA LUMPUR, Oct 12 (Bernama) -- The government will reduce Malaysia’s risk of overdependence on the semiconductor sector by diversifying the electrical and electronics (E&E) value chain and sources of economic growth, as well as by expanding export markets.

Malaysia's Natural Rubber Output Rises 9.6 Pct In August

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia's natural rubber (NR) production increased by 9.6 per cent to 29,510 tonnes in August 2026 from 26,926 tonnes in July 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Stays Higher, With Focus On Technology, Energy Stocks

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia remained in positive territory at mid-morning on Monday, as Budget 2027 remains neutral to mildly positive for Malaysian equities, with selective beneficiaries in technology and energy.

EPMB, Hebei Shichang To Set Up RM100 Mln Facility To Make Proton Fuel Tanks

KUALA LUMPUR, Oct 12 (Bernama) -- EP Manufacturing Bhd (EPMB) has entered into a joint venture (JV) with Beijing-listed fuel systems company Hebei Shichang Auto Parts Co Ltd to set up a RM100 million manufacturing facility focused on advanced fuel tanks for Proton.

Local Institutions Record Net Inflows Of RM99.9 Mln - MBSB IB

KUALA LUMPUR, Oct 12 (Bernama) -- Local institutions extended their net buying on Bursa Malaysia to three consecutive weeks, recording net inflows of RM99.9 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Opens Higher On Positive Budget Sentiment, Wall Street Gains

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and easing oil prices offset weak US consumer sentiment.

Ringgit Opens Higher Vs US Dollar On Fiscal Discipline Pledge

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by the government’s commitment to fiscal discipline following the tabling of Budget 2027 last Friday.

Budget 2027 Tax Relief Could Save Five Million Taxpayers Up To RM1,600 Annually — CIMB Securities

KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027’s personal income tax relief measures could provide annual tax savings of up to RM1,600 for approximately five million taxpayers, supporting middle-income consumption, said CIMB Securities Sdn Bhd.

Industry Leaders Applaud Budget 2027’s Bold Digital, AI Push

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s digital industry has welcomed Budget 2027 as a significant step forward in accelerating the nation’s digital transformation and artificial intelligence (AI) ambitions, praising its comprehensive focus on the digital economy, infrastructure, rakyat and government.

Malaysia-Uzbekistan Bilateral Trade Hits RM430.20 Mln In First Half Of 2026

KANGAR, Oct 11 (Bernama) -- Bilateral trade between Malaysia and Uzbekistan reached RM430.20 million (US$108 million) in the first six months of this year, reflecting significant potential for expanding economic cooperation between the two countries.