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RAC Develops 10-year Plan To Enhance Train Services, Boost Public Transport Use

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Railway Assets Corporation (RAC) has developed a 10-year strategic plan to improve train service frequency and reliability, aiming to encourage more Malaysians to switch from private vehicles to public transport.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Economy Ministry Seeks Industry Input On Malaysia’s Energy Transition

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Economy has called on industry players to submit policy recommendations on energy storage, the hydrogen economy and smart grid deployment to advance Malaysia’s energy transition.

Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027

KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).

Zetrix AI Confirms No Payment Default Has Occurred Amid Potential Sukuk Covenant Breach

KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.

Transport Sector Must Prioritise Growth, Environmental Sustainability - Loke

KUALA LUMPUR, Oct 22 (Bernama) -- The future of transport must support long-term economic growth while responding responsibly to environmental challenges, according to the Ministry of Transport (MoT). 

Malaysia Retains Top Spot In Global Islamic Finance Development Rankings For 14th Consecutive Year

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).

Pavilion REIT Records Lower Net Profit Of RM92.90 Mln In Third Quarter

KUALA LUMPUR, Oct 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM92.90 million in the third quarter ended Sept 30, 2026, from RM94.58 million in 3Q 2025.

Fusion Energy Start-Up Hephaestus Emerges With US$17.2 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- London-based fusion energy start-up Hephaestus has emerged from stealth, having raised US$17.2 million to date, with its latest funding round led by CiRi Ventures. (US$1 = RM4.07)

Malaysia’s States Offer Diverse Investment Opportunities For Singapore Businesses – High Commissioner

By Anas Abu Hassan

SINGAPORE, Oct 22 (Bernama) -- Malaysia continues to offer distinct advantages across different states in attracting Singaporean investors as it strengthens its position in global supply chains, said Malaysia’s High Commissioner to Singapore, Datin Paduka Anizan Siti Hajjar Adnin.

KUSKOP Tightens Oversight Of Foreign e-Commerce Platforms To Protect Local MSMEs

KUALA LUMPUR, Oct 21 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) is coordinating efforts to ensure fair competition by strengthening oversight of foreign e-commerce platforms and enhancing the competitiveness of micro, small and medium enterprises (MSMEs).

Malaysia Expands Energy Partnership With Turkmenistan, Eyes Higher-value Services - Akmal Nasrullah

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia is strengthening its energy partnership with Turkmenistan to unlock new commercial opportunities for companies, particularly in higher-value oil and gas services, technology and specialised engineering, said Economy Minister Akmal Nasrullah Mohd Nasir.