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Minimum Wage Exemption In Budget 2027 To Help MSMEs Adjust Recruitment, Salaries -- SME Corp

KUALA LUMPUR, Oct 23 (Bernama) -- The RM2,000 minimum wage exemption for micro, small and medium enterprises (MSMEs) with annual sales revenue below RM50 million in Budget 2027, effective June 2027, would help businesses adjust their workforce recruitment and salary structures, said SME Corporation Malaysia.

PAAB Proposes RM11.64 Bln Sukuk Programme For Long-term Water Infrastructure Development

KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.

EIP, Singapore's EDB Deepen Ties On Energy Innovation And Decarbonisation

KUALA LUMPUR, Oct 23 (Bernama) -- Energy Impact Partners (EIP), a global energy investor, has deepened its partnership with the Singapore Economic Development Board (EDB) to help advance energy innovation and decarbonisation in Singapore.

Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts

BANGI, Oct 23 (Bernama) -- Malaysia should use data and analytics to improve subsidy targeting based on household needs, helping those most in need while maintaining fiscal sustainability.

AiSEM@Selangor 2026 Records RM430 Mln In Potential GMV

KUALA LUMPUR, Oct 23 (Bernama) -- The Artificial Intelligence (AI) and Semiconductor Summit (AiSEM@Selangor) 2026 recorded an estimated RM430 million in potential gross merchandise value (GMV) and 23,333 visits over its four-day run before concluding on Oct 17, 2026.

AM Best To Present Insurance, Reinsurance Outlooks In Shanghai Conference

KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.

Johor's Power Infrastructure Faces Rising Demand From Data Centre Expansion – BMI

KUALA LUMPUR, Oct 23 (Bernama) -- Johor's expanding data centre industry is expected to drive significant electricity demand, highlighting the need for continued power infrastructure development, said BMI, a unit of Fitch Solutions.

Invest Malaysia Day 2026 Highlights Growth Opportunities For Singapore Businesses

KUALA LUMPUR, Oct 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA), CIMB Singapore and the Singapore Business Federation (SBF) have jointly concluded the inaugural Invest Malaysia Day 2026 in Singapore.

MPM Urges Closer Collaboration With LPA, Labuan Corp, Customs To Strengthen Shipping Services To Labuan

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Megah Port Management Sdn Bhd (MPM) has called for closer collaboration among the Labuan Port Authority (LPA), Labuan Corporation, the Royal Malaysian Customs Department and industry stakeholders to strengthen direct shipping services and enhance Labuan’s maritime connectivity.

MAG, Citi Announce US$75 Mln Trade Finance Facility To Strengthen Supply Chain

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Aviation Group (MAG) and Citibank Bhd (Citi) have announced a US$75 million (US$1=RM4.07) structured trade finance facility to improve working capital management, enhance liquidity and strengthen supply chain resilience to support MAG’s operational requirements across Asia.

Petronas, TotalEnergies & Mitsui Sign JVA To Develop Carbon Storage Areas In Southern Hub

KUALA LUMPUR, Oct 23 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) wholly owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), TotalEnergies EP CCS Malaysia and Mitsui & Co Ltd have signed a joint venture agreement (JVA) to develop the CO2 storage areas offshore Peninsular Malaysia, a key component of Malaysia's Southern Carbon Capture and Storage (CCS) Hub.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in tandem with most regional markets following weaker Wall Street performance overnight.