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By Muhammad Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 13 (Bernama) -- The government has allocated RM21.26 billion in development expenditure to six underdeveloped states under Budget 2027, with the distribution taking into account the different needs of each state, said Economy Minister Akmal Nasrullah Mohd Nasir.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 13 (Bernama) -- The adoption of technology and business scaling can boost company productivity and enhance the ability to share the gains of growth with employees through wage increases, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Oct 13 (Bernama) -- Young people aged 30 and below recorded 65.9 million Buy Now, Pay Later (BNPL) transactions worth RM5.4 billion in the first half of 2026, accounting for 37.9 per cent of total BNPL transactions in Malaysia, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 13 (Bernama) -- A total of 52,133 owners of diesel vehicles such as pickups and sport utility vehicles (SUVs) in Sabah have been approved for an additional 100 litres of diesel under the BUDI MADANI Diesel (BUDI Diesel) programme as of Oct 12, 2026, said the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 13 (Bernama) -- The government has settled tax overpayment refunds amounting to RM17.15 billion, involving 3.23 million taxpayer cases, for the period up to Sept 30, 2026.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil on the Chicago Board of Trade (CBOT).
By Kenny Teng Khoon Hock
BANGKOK, Oct 13 (Bernama) -- Malaysia aims to reduce its fiscal deficit to below three per cent of gross domestic product (GDP) within the next two years through fiscal consolidation, targeted subsidy reforms and stronger private-sector participation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 13 (Bernama) -- Sime Darby Bhd said its wholly owned subsidiary, Sime Darby Holdings Bhd (SDHB), will appeal against tax assessments totalling RM150.18 million, including penalties, issued by the Inland Revenue Board (IRB) for the years of assessment 2017 to 2023.
KUALA LUMPUR, Oct 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, tracking gains on the US Commodity Exchange (COMEX).
KUALA LUMPUR, Oct 13 (Bernama) -- Telecommunications engineering solutions provider Binasat Communications Bhd has proposed a private placement of up to 60.43 million new shares, representing up to 10 per cent of its total issued shares, to third-party investors to raise funds.
KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.
