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Ringgit Rises Against US Dollar Ahead Of 3Q GDP Estimates

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit closed higher against the weakening greenback on Thursday as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the third quarter of 2026 (3Q 2026) tomorrow.

Malaysia’s Economy Likely To Grow 4.7 Pct In 3Q, Supported By Domestic Demand - TA Securities

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to expand by 4.7 per cent in the third quarter of 2026, supported by domestic consumption, investment and manufacturing activity, according to TA Securities.

Chery’s LUXEED To Hit 250 km/h In Media Test Drive

KUALA LUMPUR, Oct 15 (Bernama) -- Chery Group’s LUXEED brand will put its vehicles through a global media test drive at the Guangde Proving Ground on Oct 20, as part of the 2026 Chery International User Summit.

Nexgram Appoints Substantial Shareholder Henry Cheang As Group MD

KUALA LUMPUR, Oct 15 (Bernama) -- Nexgram Holdings Bhd announced that Henry Cheang Soon Siang had emerged as a substantial shareholder, following his acquisition of 55.97 million ordinary shares, bringing his total interest to 65.97 million shares, representing 6.75 per cent of the company’s issued voting shares.

Bursa Malaysia Snaps Four-Day Winning Streak On Profit Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.

e-Commerce Bill Crucial For Healthy Digital Economy, Fair Competition -- MRCA

KUALA LUMPUR, Oct 15 (Bernama) -- The E-Commerce Bill is a crucial step toward fostering a healthy digital economy, protecting consumer interests, and upholding fair market competition, said the Malaysia Retail Chain Association (MRCA).

Budget 2027 Development Allocation Anchors 13MP Strategy -- MoF

KUALA LUMPUR, Oct 15 (Bernama) -- The RM83 billion development expenditure allocation under Budget 2027 forms part of Malaysia’s RM430 billion five-year development allocation under the 13th Malaysia Plan (13MP) 2026–2030 to expand productive capacity and drive higher-value economic growth, said the Ministry of Finance (MoF).

Rubber Market Ends Mixed Amid Conflicting Price Factors

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the second consecutive day today, with SMR 20 recording a sharp decline in line with weaker regional rubber futures markets.

Sigenergy Enters Sri Lanka With Local Distribution Partners

KUALA LUMPUR, Oct 15 (Bernama) -- Sigenergy has launched its brand in Sri Lanka and signed a distribution agreement with Storex Renewables, along with memoranda of understanding (MoUs) with local installers Penta Prime and Solar Therm.

Malaysia To Strengthen Standards, Accreditation To Boost Economic Competitiveness

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia is strengthening standards and accreditation as strategic drivers of economic competitiveness, industry confidence and global market access, according to the Department of Standards Malaysia (JSM).

WAWASANITA Targets RM15 Mln In Bilateral Trade With 15 Countries

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 15 (Bernama) -- Persatuan Usahawan Wawasan Wanita Malaysia (WAWASANITA) has targeted RM15 million in bilateral trade with 15 countries within six months as it moves to translate diplomatic engagement into cross-border business opportunities for its members.

Global Reliance On Imported Energy To Peak By 2034

KUALA LUMPUR, Oct 15 (Bernama) -- Global reliance on imported energy is projected to peak by 2034 as energy security concerns accelerate the shift towards electrification, amid growing disruption to global fuel supplies, according to Rystad Energy.