Financial Sector Prevents RM1.9 Bln In Attempted Fraudulent Transactions In 1h 2026

KUALA LUMPUR, Oct 6 (Bernama) -- The financial sector has prevented approximately RM1.9 billion in attempted fraudulent transactions in the first half of 2026, surpassing the RM1.2 billion prevented throughout 2025.

Budget 2027: Hybrid GST-SST Proposal Puts Malaysia’s Consumption Tax In Focus

By Yeoh Cheng Guan

Partner, Indirect Tax, Ernst & Young Tax Consultants Sdn Bhd

KUALA LUMPUR, Oct 6 (Bernama) -- As Budget 2027 approaches, discussions on Malaysia’s indirect tax landscape are once again taking centre stage.

Banking Industry, PayNet To Introduce Industry Fraud Alert, Eye Pilot Testing In 1H 2027 -- BNM Governor

KUALA LUMPUR, Oct 6 (Bernama) -- The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.

Guardsquare Opens First APAC Office In Singapore

KUALA LUMPUR, Oct 6 (Bernama) -- Guardsquare, a provider of mobile application security, has opened its first physical office in the Asia-Pacific (APAC) region in Singapore, strengthening its presence in a market where demand for mobile application and API security is growing.

Bursa Malaysia Opens Higher On Positive Wall Street Momentum

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia opened higher on Tuesday, in sync with Wall Street's positive overnight momentum, as muted oil prices following a recovery in West Asia crude exports offset a continued sell-off in US Treasuries.

Bahrain GP Boosts Q4 Services, Financial Impact Key To Assessing Permanent F1 Return -- Economists

KUALA LUMPUR, Oct 6 (Bernama) -- The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.

Ringgit Opens Slightly Higher Against Greenback Despite Higher US Rate Expectations

KUALA LUMPUR, Oct 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday, although the greenback remained supported by expectations of higher US interest rates. 

Zetrix AI Submits Proposed Solution To Resolve RM314 Mln Outstanding Remittances

KUALA LUMPUR, Oct 5 (Bernama) -- Zetrix AI Bhd said it has submitted a proposed solution to the government to address its outstanding remittances for consideration.

Economy Ministry Receives 9,955 New, Extension Project Proposals Amounting To RM944 Bln For 2027

KUALA LUMPUR, Oct 5 (Bernama) --  The Economy Ministry has received 9,955 new and extension project proposals totalling RM944 billion for 2027.

IJM Corp Appoints Johan Idris As Chairman

KUALA LUMPUR, Oct 5 (Bernama) -- Conglomerate IJM Corporation Bhd (IJM Corp) has announced the appointment of Datuk Johan Idris as independent non-executive director and chairman.

CPO Futures End Higher On Bargain Buying

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by bargain buying following last week’s price decline.

Gold Futures End Lower Despite COMEX Gains

KUALA LUMPUR, Oct 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, despite gains in gold prices on the US Commodity Exchange (COMEX).