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Development Expenditure Seen Rising 3.8 Pct To RM83 Bln In 2027 -- CIMB Securities

KUALA LUMPUR, Oct 8 (Bernama) -- Development expenditure is projected to rise a modest 3.8 per cent year-on-year to RM83 billion under Malaysia’s Budget 2027, CIMB Securities said.

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).

Outstanding Govt-Guaranteed FELDA Loans Stand At RM5.88 Bln — MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The total outstanding government-guaranteed loans for the Federal Land Development Authority (Felda) stood at RM5.88 billion as of Sept 30, 2026, after accounting for principal repayments totalling RM3.04 billion, according to the Ministry of Finance (MOF).

TNB's Additional Tax Claim Not Passed On To Consumers Via Tariffs — MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The additional tax claim against Tenaga Nasional Bhd (TNB) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).

Cooking Oil Subsidies Total RM3.886 Bln, Palm Oil Levies RM3.278 Bln In 2024-2025 – MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The government spent RM3.886 billion on cooking oil subsidies from 2024 to 2025, compared with RM3.278 billion collected in windfall profit levies from the palm oil industry during the same period, according to the Ministry of Finance (MoF).

MOF Finalising Proposed Law To Strengthen Governance Of Govt-owned Companies

KUALA LUMPUR, Oct 7 (Bernama) -- The Ministry of Finance (MOF) is finalising a proposal to enact the Statutory Bodies and Controlled Entities (Financial Governance) Act to strengthen the governance of government-owned companies.

ST To Support ASEAN School Of Regulation To Boost Regional Power Grid, Investment

KUALA LUMPUR, Oct 7 (Bernama) -- The Energy Commission (ST) will support the hosting of the ASEAN School of Regulation (ASR) in Malaysia, a regional initiative aimed at strengthening regulatory capability and accelerating the development of the ASEAN Power Grid (APG).

CPO Futures Extend Losses, Tracking Weaker Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday tracking weaker soybean oil prices.