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Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

Budget 2027: Support Women Entrepreneurs To Raise Output, Expand To ASEAN - Association

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 16 (Bernama) -- Assistance for women entrepreneurs under Budget 2027 should support higher production capacity and wider market access to help their businesses expand locally and into ASEAN markets, according to a women’s entrepreneur association.

MBSB IB Sees Value In Banking Stocks Despite Cautious Trading On Bursa Malaysia

KUALA LUMPUR, Oct 16 (Bernama) -- Trading activity of banking counters on Bursa Malaysia remained subdued today as investors adopted a cautious stance, with uncertainty over the bond yield outlook weighing on market sentiment.

Bursa Malaysia Turns Lower In Early Trade After Opening Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.

FBM KLCI Futures Open Lower

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower today.

Ringgit Opens Flat Against Greenback As Markets Weigh US Interest Rate Outlook

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.

19 Projects Worth RM279.1 Mln Approved In Segamat -- MITI

KUALA LUMPUR, Oct 15 (Bernama) – Nineteen projects with an investment value of RM279.1 million have been approved in Segamat district, Johor, involving Buluh Kasap, Chaah, Jementah, Segamat Town and Labis.

13,743 Tonnes Of Battery Waste Generated Nationwide From 2021 To 2025

KUALA LUMPUR, Oct 15 (Bernama) -- A total of 13,743.15 tonnes of vehicle battery waste classified under scheduled waste code SW103 were generated nationwide between 2021 and 2025, according to the Ministry of Natural Resources and Environmental Sustainability (NRES).

Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks – IMF

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).

Malaysia Steps Up Efforts To Achieve US$30 Billion Trade Target With Thailand

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

CPO Futures Close Mostly Lower On Weaker CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).