7d ago
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.
7d ago
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.
7d ago
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).
7d ago
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.
7d ago
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.
7d ago
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).
7d ago
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.
7d ago
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.
7d ago
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.
7d ago
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.
7d ago
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.
7d ago
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).