Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended the trading week lower on Friday, tracking losses on the US Commodity Exchange (COMEX).

Ringgit Ends Easier Vs US Dollar Amid AI-Related Share Price Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.

Yinson Production, PTSC Achieve First Oil At Lac Da Vang Field Ahead Of Schedule

KUALA LUMPUR, Oct 23 (Bernama) -- Yinson Holdings Bhd’s offshore production business unit, Yinson Production Offshore Pte Ltd, and PetroVietnam Technical Services Corporation (PTSC) have achieved first oil at the Lac Da Vang (LDV) field offshore Vietnam ahead of schedule.

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.

Shandong BRICS Trade Conference Draws Delegates From 30 Countries

KUALA LUMPUR, Oct 23 (Bernama) -- More than 100 business delegates from 30 countries and regions, including BRICS members and partner nations, met over 200 local companies at a trade and investment conference that opened in Jinan, the capital of east China’s Shandong province.

Bursa Malaysia's Key Index Ends At Intraday High On Selective Buying In Heavyweights

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the week on a flattish note, although the benchmark index managed to finish marginally higher as selective buying in index heavyweights helped offset cautious sentiment ahead of the weekend, said an analyst. 

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.

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.

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.