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6,781 Households Benefit From People’s Income Initiative As At August 2026

KUALA LUMPUR, Oct 20 (Bernama) -- A total of 6,781 households from the hardcore poor, poor and B40 groups had participated in the People’s Income Initiative, better known as Inisiatif Pendapatan Rakyat (IPR), nationwide as at Aug 31, 2026, the Ministry of Economy said.

Minimum 30 Per Cent Bumiputera Equity Requirement Retained – Economy Ministry

KUALA LUMPUR, Oct 20 (Bernama) -- The minimum 30 per cent Bumiputera equity requirement remains in place in line with the Property Acquisition Guidelines (GPPH), which took effect on July 13, 2022, and is subject to approval by the Economy Ministry.

NGC Energy Eyes New Markets Following Ownership Change

KUALA LUMPUR, Oct 20 (Bernama) -- NGC Energy Sdn Bhd is looking to expand into new markets and strengthen its position in Malaysia’s liquefied petroleum gas (LPG) sector following a change in ownership of Perangsang Oil & Gas Sdn Bhd (POGSB), one of its shareholders.

CPO Futures Close Higher On Stronger Crude, Vegetable Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by stronger crude oil and vegetable oil prices.

Iskandar Malaysia Records RM525.26 Bln In Investments, Shifts Toward High-value Growth

PUTRAJAYA, Oct 20 (Bernama) -- Iskandar Malaysia is now focusing on high-value investments and strengthening the regional economic ecosystem after recording total investments of RM525.26 billion since its establishment 20 years ago.

Bursa Malaysia Gold Futures Close Lower Following COMEX Losses

KUALA LUMPUR, Oct 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking losses on the US Commodity Exchange (COMEX).

Magna Prima Proposes Change Of Name To Hallson Group

KUALA LUMPUR, Oct 20 (Bernama) -- Magna Prima Bhd has proposed to change its company name to Hallson Group Bhd.

Ringgit Ends Flat On Caution Ahead Of Fed Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 20 (Bernama) -- The ringgit closed flat against the US dollar on Tuesday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting next week, an analyst said.

Gamuda, Perak State Govt Ink Deal To Implement Northern Perak Water Supply Scheme

KUALA LUMPUR, Oct 20 (Bernama) -- Gamuda Bhd today announced that an agreement to implement the Northern Perak Water Supply Scheme (NPWSS) has been signed between the State Government of Perak, Khazanah Air Perak Sdn Bhd (KAP), and Prasarana Air dan Irigasi Perak Sdn Bhd (PAIPP).

KLCI Futures End Higher

KUALA LUMPUR, Oct 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the cash market performance. 

JETRO Hosts Japanese Seafood B2B Trade Event In Kuala Lumpur

KUALA LUMPUR, Oct 20 (Bernama) -- The Japan External Trade Organisation (JETRO) Kuala Lumpur will be holding the Japanese Seafood B2B Trade event to expand the country’s seafood exports.

Cybersecurity Firm Horizon3 Sets Up ASEAN HQ In Singapore

KUALA LUMPUR, Oct 20 (Bernama) -- Horizon3 is setting up its ASEAN headquarters and a Regional Centre of Excellence in Singapore, with support from the Singapore Economic Development Board (EDB) and EDBI.