Selangor Targets RM90 Bln In Investments This Year -- Amirudin

BANGI, Oct 24 (Bernama) -- Selangor is targeting RM90 billion in investments this year, up from RM80 billion recorded last year, following encouraging investment momentum in the state.

FBM KLCI Futures Likely To Trade With Upside Bias Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade with upside bias next week, in tandem with the underlying cash market.

Ringgit Expected To Trade In Narrow Range Vs Greenbback Ahead Of Fed Meeting Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

Astro Malaysia To Dispose Of Broadband Business Assets For RM83 Mln

KUALA LUMPUR, Oct 23 (Bernama) -- Astro Malaysia Holdings Bhd’s wholly owned subsidiary, MEASAT Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) with Maxis Broadband Sdn Bhd to dispose of its broadband business assets for  RM83 million.

Ringgit Ends Easier Vs US Dollar Amid AI-Related Share Price Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.

Fuzhou’s 2025 Fishery Output Nets Record 70 Bln Chinese Yuan

KUALA LUMPUR, Oct 23 (Bernama) -- Fuzhou’s fishery output value surpassed 70 billion Chinese yuan for the first time in 2025, ranking first in China for the 31st consecutive year, according to the organisers of the World Maritime Equipment Conference 2026. (100 Chinese yuan = RM61.21)

AiSEM@Selangor 2026 Records RM430 Mln In Potential GMV

KUALA LUMPUR, Oct 23 (Bernama) -- The Artificial Intelligence (AI) and Semiconductor Summit (AiSEM@Selangor) 2026 recorded an estimated RM430 million in potential gross merchandise value (GMV) and 23,333 visits over its four-day run before concluding on Oct 17, 2026.

AM Best To Present Insurance, Reinsurance Outlooks In Shanghai Conference

KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.

Johor's Power Infrastructure Faces Rising Demand From Data Centre Expansion – BMI

KUALA LUMPUR, Oct 23 (Bernama) -- Johor's expanding data centre industry is expected to drive significant electricity demand, highlighting the need for continued power infrastructure development, said BMI, a unit of Fitch Solutions.

MAG, Citi Announce US$75 Mln Trade Finance Facility To Strengthen Supply Chain

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Aviation Group (MAG) and Citibank Bhd (Citi) have announced a US$75 million (US$1=RM4.07) structured trade finance facility to improve working capital management, enhance liquidity and strengthen supply chain resilience to support MAG’s operational requirements across Asia.