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.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to expand by 4.7 per cent in the third quarter of 2026, supported by domestic consumption, investment and manufacturing activity, according to TA Securities.
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) -- The RM83 billion development expenditure allocation under Budget 2027 forms part of Malaysia’s RM430 billion five-year development allocation under the 13th Malaysia Plan (13MP) 2026–2030 to expand productive capacity and drive higher-value economic growth, said the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 15 (Bernama) -- Global reliance on imported energy is projected to peak by 2034 as energy security concerns accelerate the shift towards electrification, amid growing disruption to global fuel supplies, according to Rystad Energy.
KUALA LUMPUR Oct 15 (Bernama) -- Nearly 88 per cent of manufacturing projects approved in Selangor between 2021 and June 2026 had started implementation, from construction to production, as of Oct 13, 2026, according to the Malaysian Investment Development Authority (MIDA).
KUALA LUMPUR, Oct 15 (Bernama) -- Gamuda Bhd’s shares rose on Bursa Malaysia after announcing that its joint venture (JV) with Taiwan-based MiTAC Information Technology Corp has secured a RM3.7 billion contract to build the Keelung Mass Rapid Transit (MRT) system and trackwork in Taiwan.
KUALA LUMPUR, Oct 15 (Bernama) -- The surge in global fuel prices following geopolitical tensions in West Asia, particularly security disruptions in the Strait of Hormuz, has caused gas and coal costs in the second and third quarters of 2026 to rise well above baseline prices.
KUALA LUMPUR, Oct 15 (Bernama) -- Tenaga Nasional Bhd (TNB) said there is a need for substantial investment in power generation and grid modernisation to support Malaysia’s changing energy mix while maintaining affordable, reliable and secure electricity supply.
KUALA LUMPUR, Oct 14 (Bernama) -- A total of 27 data centre projects with an estimated investment of RM225.97 billion have been approved under the Data Centre Task Force (DCTF) up to July 2026, according to the Digital Ministry.
KUALA LUMPUR, Oct 14 (Bernama) – A proposal to allocate a portion of existing technology and semiconductor funds to Malaysian technology companies via the Penang Technology Financial Centre (PTFC) — thereby supporting Penang's development as the nation's technology financial hub — was among the points raised at the policy-level debate on the Supply (Budget) Bill 2027 in the Dewan Rakyat today.
KUALA LUMPUR, Oct 14 (Bernama) -- JAG Bhd’s wholly-owned subsidiary, JAG Capital Equity Sdn Bhd, is subscribing to new shares representing 6.17 per cent of the enlarged issued share capital of Australia-listed gold exploration and development company Metal Bank Ltd for A$752,400 (about RM2.15 million).
