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By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit closed higher against the US dollar and other major currencies on Monday, supported by positive market sentiment following the Budget 2027 announcement last week, an analyst said.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 balances addressing the rakyat’s needs with fiscal discipline, but structural reforms are still needed to strengthen Malaysia’s long-term fiscal position, said economists.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth.
KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative investment research and development capabilities, and fund performance.
KUALA LUMPUR, Oct 12 (Bernama) -- The effectiveness of implementing Budget 2027 depends on how promptly the government disburses aid and how well the federal government, state governments and local authorities coordinate their efforts to reduce the bureaucratic burden on businesses, said an economist.
KUALA LUMPUR, Oct 12 (Bernama) -- IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), which is seeking a listing on Bursa Malaysia Securities Bhd’s Main Market, has signed of an underwriting agreement with a syndicate of six financial institutions for its initial public offering (IPO).
KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative strategy research and development capabilities, and fund performance.
KUALA LUMPUR, Oct 12 (Bernama) -- Chongqing is accelerating its rise as an international consumption centre, drawing global visitors with its unique landscape, industrial strength and open, inclusive retail environment.
LABUAN, Oct 12 (Bernama) --The Sub-Committee on Non-Profit Organisations (SCONPO) is strengthening inter-agency cooperation to enhance governance, safeguard public trust and protect Malaysia’s non-profit organisation (NPO) sector against terrorist financing risks.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 12 (Bernama) -- The European Union (EU) recognises Malaysia’s ambition to move further up the semiconductor value chain, with its Global Gateway investment initiative and the proposed Malaysia-EU Free Trade Agreement (MEUFTA) offering opportunities to strengthen economic cooperation between the two sides.
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.
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.
