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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.

IGEM 2026: Target Of RM22.5 Bln In Potential Business Leads Achievable - Arthur

KUALA LUMPUR, Oct 7 (Bernama) -- The International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2026’s target of RM22.5 billion in potential business leads is achievable despite being much higher than the target for last year’s edition, according to Natural Resources and Environmental Sustainability Minister Datuk Seri Arthur Joseph Kurup.

AmBank Strengthens Affluent Banking, Wealth Management With Kelawei Flagship Branch

GEORGE TOWN, Oct 8 (Bernama) -- AmBank Group is strengthening its commitment to the affluent segment and wealth management by launching its Kelawei flagship branch, bringing together AmBank Signature Priority Banking (AmSPB) and AmPrivate Banking.

AMEC Urges Govt To Recognise Courier Industry As Essential Infrastructure

KUALA LUMPUR, Oct 7 (Bernama) -- The Association of Malaysian Express Carriers (AMEC) has called on the government to recognise the courier industry as essential infrastructure for Malaysia’s digital economy and national resilience, and to support its continued development under Budget 2027.

RM8.084 Bln In Govt Loan Arrears As At Dec 2025 - MOF

KUALA LUMPUR, Oct 7 (Bernama) -- Outstanding loan arrears owed to the federal government totalled RM8.084 billion as at Dec 31, 2025, said Deputy Finance Minister Liew Chin Tong. 

Northern Solar Secures RM34 Mln EPCC Project

KUALA LUMPUR, Oct 7 (Bernama) -- Northern Solar Holdings Bhd, through its wholly owned subsidiary Northern Solar Sdn Bhd, has secured a RM34 million engineering, procurement, construction and commissioning (EPCC) contract for the development of a 9.50-megawatt (MW) large-scale solar photovoltaic plant.

Gold Futures On Malaysian Exchange End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).

CPO Prices Could Return To RM5,000 Per Tonne In 1Q 2027 – Thomas Mielke

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) prices could return to the RM5,000-per-tonne level as early as in the first quarter (1Q) of 2027, driven by potential disruptions to the sunflower oil market and developments surrounding the Russia-Ukraine conflict, said an analyst.

Ringgit Ends Higher Against Major Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed higher against most major currencies but lower against the US dollar on Wednesday, as the greenback strengthened broadly amid renewed concerns over Europe’s fiscal outlook, an analyst said.