Labuan Corp Appoints Jeffrey Lim As Invest Labuan CEO

LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.

CRESS Charges Fixed At 14 Sen/kWh For Developers, 4 Sen For Green Consumers -- EC

KUALA LUMPUR, Oct 15 (Bernama) -- Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.

IMF Forecasts Malaysia GDP Growth At 5.2 Pct In 2026, Moderating To 4.7 Pct In 2027

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).

Malaysia, Indonesia Entities Sign Trade, Business Cooperation

JOHOR BAHRU, Oct 15 (Bernama) – Two trade and business cooperation agreements exceeding US$234,000 (RM984,000) in value were signed between Malaysian and Indonesian business entities to open up new market and investment opportunities in both countries.

CelcomDigi, Maxis Accept MCMC Spectrum Awards

KUALA LUMPUR, Oct 15 (Bernama) --  CelcomDigi Bhd and Maxis Bhd have accepted spectrum awards from the Malaysian Communications and Multimedia Commission (MCMC).

Vestland Unit Secures RM225 Mln River-Widening Project In Kelantan

KUALA LUMPUR, Oct 15 (Bernama) -- Vestland Bhd’s indirect wholly-owned subsidiary Vestland Infra Sdn Bhd (VISB) has secured a RM225.07 million contract from Pembinaan Rizen Sdn Bhd (PRSB).

MBSB And HDC Collaborate To Connect Malaysian Halal SMEs To Global Buyers

KUALA LUMPUR, Oct 15 (Bernama) -- MBSB Bhd (MBSB) and Halal Development Corporation Bhd (HDC) have collaborated through the ‘Global Markets Unlocked Workshop’, an initiative to equip export-ready SMEs and halal businesses with the tools, connections and insights needed to expand internationally. 

Worldwide Holdings Eyes Nuclear Power Plant Project FID By 2031

KUALA LUMPUR, Oct 15 (Bernama) -- Selangor state-owned conglomerate, Worldwide Holdings Bhd is positioning itself to develop Malaysia’s first nuclear power plant, aiming to be ready to make a final investment decision (FID) by 2031.

Gold Futures End Higher, Tracking COMEX Gains

KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking gains on the US Commodity Exchange (COMEX).

KLCI Futures End Mostly Lower

KUALA LUMPUR, Oct 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday. 

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.