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By Rosemarie Khoo Mohd Sani and Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit opened mostly higher against a basket of major currencies on Monday after Malaysia’s advance estimate of third-quarter 2026 gross domestic product (GDP) growth came in stronger than expected at 5.3 per cent.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade between US$4,115 and US$4,315 per troy ounce next week as traders shift towards traditional safe-haven assets amid growing concerns over financing stress in the United States’ artificial intelligence (AI) sector.
KUALA LUMPUR, Oct 16 (Bernama) -- Smartsel Sdn Bhd and Pengurusan Air Selangor Sdn Bhd (Air Selangor), key subsidiaries of Menteri Besar Selangor (Incorporation) (MBI Selangor), will explore the proposed Selangor Dark Fibre Network 2.0, which aims to leverage existing utility corridors to deploy high-capacity fibre networks.
KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to S&P Global Ratings.
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.
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).
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.
KUALA LUMPUR, Oct 15 (Bernama) -- Nexgram Holdings Bhd announced that Henry Cheang Soon Siang had emerged as a substantial shareholder, following his acquisition of 55.97 million ordinary shares, bringing his total interest to 65.97 million shares, representing 6.75 per cent of the company’s issued voting shares.
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia is strengthening standards and accreditation as strategic drivers of economic competitiveness, industry confidence and global market access, according to the Department of Standards Malaysia (JSM).
KUALA LUMPUR, Oct 14 (Bernama) -- Amova Asset Management Co Ltd (Amova AM) plans to offer global investment products tailored to Malaysian clients, complementing those offered by AHAM Asset Management Bhd (AHAM Capital).
KUALA LUMPUR (Oct 14) -- Epicon Bhd’s 70 per cent-owned subsidiary, Concrete Empire Sdn Bhd (CESB), has secured a RM47.38 million subcontract for the supply of precast segmental crossheads for the privatisation project of the New Pantai Expressway (NPE) Extension.
