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KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.
KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.
By Alyaa Natasha Azhar
KUALA LUMPUR, Oct 14 (Bernama) -- Businesses need to integrate nature into their business models and prioritise long-term societal impact over short-term financial returns to achieve sustainable prosperity, said World Economic Forum (WEF) board of trustees Co-Chair André Hoffmann.
KUALA LUMPUR, Oct 14 (Bernama) -- Amova Asset Management Co Ltd (Amova AM) plans to offer global investment products tailored to Malaysian clients, complementing those offered by AHAM Asset Management Bhd (AHAM Capital).
KUALA LUMPUR, Oct 14 (Bernama) -- The Selangor Techsphere Summit 2026 (STS 2026) is targeting to generate a 30 per cent increase in annual investment generation compared with the 2025 edition in line with efforts to strengthen Selangor’s position as a leading technology and talent hub in Southeast Asia.
KUALA LUMPUR, Oct 14 (Bernama) – A proposal to allocate a portion of existing technology and semiconductor funds to Malaysian technology companies via the Penang Technology Financial Centre (PTFC) — thereby supporting Penang's development as the nation's technology financial hub — was among the points raised at the policy-level debate on the Supply (Budget) Bill 2027 in the Dewan Rakyat today.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- The expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents is expected to provide a more accurate representation of Malaysia’s domestic economy.
KUALA LUMPUR, Oct 14 (Bernama) -- JAG Bhd’s wholly-owned subsidiary, JAG Capital Equity Sdn Bhd, is subscribing to new shares representing 6.17 per cent of the enlarged issued share capital of Australia-listed gold exploration and development company Metal Bank Ltd for A$752,400 (about RM2.15 million).
KUALA LUMPUR, Oct 14 (Bernama) — Young entrepreneurs in Selangor should look beyond domestic markets and view ASEAN cities such as Jakarta, Bangkok, Manila and Ho Chi Minh City as natural destinations for business expansion, said Raja Muda Selangor Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia is targeting RM700 million in venture capital (VC) investments and an estimated 2,000 to 3,500 additional active startup companies by 2030 through the KL20 initiative, said Minister of Economy Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Oct 14 (Bernama) -- The Saudi Fund for Development (SFD) and the Government of Kosovo have inaugurated an upgraded section of the Pristina–Mitrovica Highway, the fund’s first completed project in Kosovo.
