CILTM Sabah Hails Logistics Inclusion In Transport Masterplan

By Jailani Hasan

LABUAN, Oct 16 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has welcomed Sabah Industrial Development, Entrepreneurship and Transport Ministry’s positive response to its proposal to explicitly include logistics in the planned Sabah Sustainable Transport Masterplan.

Selangor Aims To Become National, ASEAN Care Industry Hub By 2030

KUALA LUMPUR, Oct 16 (Bernama) -- Selangor aims to become a care industry hub at both the national and ASEAN levels by 2030, as the state prepares for an ageing population.

RHB Keeps Malaysia’s 2027 GDP Growth Forecast At 4.9 Pct On Supportive Budget

KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.

Zetrix AI Shares Fall 7.69 Pct On Potential Sukuk Covenant Breach Risk 

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd’s share price fell 7.69 per cent, or half a sen, on Friday following news of a potential covenant breach under its RM2 billion Sukuk Wakalah Programme.

Pahang Secures 12 Investment Commitments Worth RM421 Mln At SIBS 2026

KUALA LUMPUR, Oct 16 (Bernama) -- The Pahang state government has secured 12 investment commitment agreements worth RM421 million at the Selangor International Business Summit (SIBS) 2026.

Malaysia's Data Centre, GPU Funding Expected To Exceed Bank Lending Limits In Three Years – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to  S&P Global Ratings.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia remained lower at midday amid continued selling pressure in selected heavyweight counters. 

Malaysia Must Leverage Skills, Diversity To Globalise Homegrown Digital Companies - Wilson

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia would like to see more local digital creative companies develop their own intellectual property (IP), build successful franchises and reach international markets, said Deputy Digital Minister Datuk Wilson Ugak Kumbong.

Malaysia's Economy Expands 5.3 Pct In 3Q 2026, Growth Across Sectors -- DOSM

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s economy expanded by 5.3 per cent in the third quarter of 2026 (3Q 2026), after registering 6.0 per cent growth in the preceding quarter, according to the Department of Statistics Malaysia (DOSM).

Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

MBSB IB Sees Value In Banking Stocks Despite Cautious Trading On Bursa Malaysia

KUALA LUMPUR, Oct 16 (Bernama) -- Trading activity of banking counters on Bursa Malaysia remained subdued today as investors adopted a cautious stance, with uncertainty over the bond yield outlook weighing on market sentiment.

Ringgit Opens Flat Against Greenback As Markets Weigh US Interest Rate Outlook

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.