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Govt Confident Of Achieving 40 Pct Workers’ Compensation Target By 2030 - Mohd Shahar

KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.

PTP Completes Electrification Of Prime Mover Fleet, Boosting Green Port Transition

ISKANDAR PUTERI  Oct 8 (Bernama) -- The deployment of 52 electric prime movers (e-PMs) at the Port of Tanjung Pelepas (PTP) is set to enhance operational efficiency while accelerating the port’s transition towards greener terminal operations, Transport Minister Anthony Loke said.

Singapore’s MS First Capital Earns Superior Credit Ratings - AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- Global credit rating agency, AM Best has affirmed Singapore’s MS First Capital Insurance Limited (MSFC) financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior).

Budget 2027: KUSKOP Seeks More Funding, Lower Business Costs For SMEs

KUALA LUMPUR, Oct 8 (Bernama) -- More funding and resources for small and medium enterprises (SMEs) as well as lower costs of doing business are among the key priorities of the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) for Budget 2027, said its minister Steven Sim Chee Keong.

Bursa Malaysia Stays In Negative Territory At Midday, Tracking Regional Markets

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed in negative territory at midday, mirroring losses across regional markets amid persistent selling pressure and higher oil prices.

LSH Capital Set To Benefit From More Infrastructure Projects, PPP Initiatives

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s construction industry is expected to benefit from greater infrastructure development over the next three years, particularly through highway projects and public-private partnership (PPP) initiatives, said Lim Seong Hai Capital Bhd (LSH Capital).

Malaysia's Stock Market Stability Supported By Transparent Govt Policies – Amir Hamzah

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia's stock market remains stable for now, supported by transparent government policies and a conducive environment that encourages foreign fund inflows, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Stays Lower At Mid-Morning

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia stayed lower at mid-morning weighed down by persistent selling in selected heavyweights led by the financial services and construction sectors. 

Bursa Malaysia Retreats After Opening Higher, Tracks Weaker Wall Street

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated shortly after, tracking weaker Wall Street performance overnight as sentiment was weighed down by surging US Treasury yields.

Infusing Phenomenal Success Of Formula One Into Budget 2027

By M. Saraswathi

KUALA LUMPUR, Oct 8 (Bernama) -- As Malaysians come away exhilarated from Formula One’s return to Sepang after a nine-year absence, it is apt for Budget 2027 to be similarly operationalised in a manner that will create far-reaching tangible spillover benefits, especially as Malaysia turns 70 next year.

Ringgit Opens Slightly Higher Against US Dollar, Markets Eye Budget 2027

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday as markets awaited the tabling of Budget 2027 for clues on the direction of the country’s fiscal deficit.

Government To Continue Legal Action, International Cooperation For Maximum 1MDB Asset Recovery

KUALA LUMPUR, Oct 8 (Bernama) -- The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).