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Ringgit Opens Higher Against US Dollar As Weaker US Jobs Data Weighs On Greenback

By K. Naveen Prabu

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid weaker-than-expected US jobs data, which is weighing on the greenback.

FIA Prepared For Geopolitical Disruptions -- President

By Siti Radziah Hamzah

SEPANG, Oct 4 (Bernama) -- The Fédération Internationale de l'Automobile (FIA) must be prepared to respond to unexpected disruptions -- including geopolitical instability -- through risk management and assessment, said its president, Mohammed Ben Sulayem.

Refined SST System Could Create More Efficient Tax Environment – EY

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.

Former Factory Worker Reaping Rewards From IPR-INTAN Chilli Venture

By Kamarul Halim M Kamal

KLUANG, Oct 4 (Bernama) -- Former factory worker Mohd Rosli Jumain never thought that his decision to quit his job after working for 20 years to take part in the Program Inisiatif Pendapatan Rakyat-Inisiatif Usahawan Tani (IPR-INTAN) would pay off, enabling him to earn nearly RM3,000 a month.

Airwallex To Double Malaysia Workforce In 2026, Deepen Local Presence

KUALA LUMPUR, Oct 3 (Bernama) -- Global financial technology company Airwallex plans to double its headcount in Malaysia this year as it deepens its local presence, supported by growing cross-border transaction volumes.

Malaysia Shifts From Efficiency To Resilience Amid Global Uncertainty -- Tengku Zafrul

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s economic focus has shifted from pursuing efficiency to building greater resilience as the country continues to outperform growth forecasts despite global uncertainty, the Malaysian Investment Development Authority (MIDA) said.

13th PropertyGuru Asia Awards Malaysia Celebrates Property Excellence, Industry Leaders

KUALA LUMPUR, Oct 2 (Bernama) -- The 13th PropertyGuru Asia Awards Malaysia with iProperty celebrated achievements in the country’s property sector and honoured prominent industry figures tonight, with developers and projects recognised across 62 award categories.

FBM KLCI Futures Seen To Rebound Amid Oversold Conditions Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to remain range-bound next week, although its oversold condition could allow for a technical rebound, an analyst said.

Bursa Malaysia's Key Index Seen In The 1,620-1,650 Range Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia’s key index is expected to hover within the 1,620-1,650 range next week, with selective accumulation of quality blue-chip stocks likely to emerge on weakness, said an analyst.

Gold Futures Seen Trading In US$4,100-US$4,300 Range Next Week

KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.

Ringgit Expected To Gain Ground Next Week Amid Weaker US Jobs Data

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.