Gamuda's Share Rises After Posting Record FY2026 Earnings

KUALA LUMPUR, Sept 30 (Bernama) -- Gamuda Bhd’s share price rose in early trade on Wednesday after the company posted a five per cent increase in net profit to RM1.052 billion for the financial year ended July 31, 2026 (FY2026), marking its fifth consecutive year of record earnings.

Petronas Finalises Canadian LNG Project, Paves Way For CA$33 Bln In Private-Sector Investment - PM Anwar

KUALA LUMPUR, Sept 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim congratulated Petroliam Nasional Bhd (Petronas) and its joint venture partners for successfully finalising the investment decision for Phase 2 of the Canadian LNG project in Kitimat, British Columbia.

KPMG Malaysia Calls For Targeted Input Tax Credit, Timely Refunds If GST Features Added To SST

By Niam Seet Wei

KUALA LUMPUR, Sept 30 (Bernama) -- A targeted input tax credit mechanism for business-to-business transactions should be considered if selected goods and services tax (GST) features are incorporated into the sales and service tax (SST) framework, said KPMG Malaysia.

GX Bank Urges Measures To Lower Borrowing Costs In Budget 2027

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 30 (Bernama) -- The government should extend targeted stamp duty exemptions for small-ticket loans disbursed by digital banks to reduce borrowing costs for small businesses and lower-income borrowers in Budget 2027.

Proton: Long-Term Auto Policy, Comprehensive Vehicle Renewal Framework Needed In Budget 2027

KUALA LUMPUR, Sept 30 (Bernama) -- Proton Holdings Bhd is calling for a long-term and technology-inclusive automotive policy in Budget 2027 to support the industry’s transition towards electrified vehicles (xEVs).

Bursa Malaysia Rebounds At Opening On Bargain Hunting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia’s key index rebounded to open higher on Wednesday as bargain hunting emerged after recent losses, despite negative cues from Wall Street.

Ringgit Opens Lower Against Major Currencies, US Dollar

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 30 (Bernama) --The ringgit opened lower against major currencies including the US dollar on Wednesday as weaker US consumer data weighed on investor sentiment and reduced risk appetite in the foreign exchange market.

CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weak regional vegetable oil markets, including the Dalian Commodity Exchange.

Malaysia Can Consider Lifelong Retirement Income Mechanism -- Singapore CPFB

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.

EPF Contributors Need Minimum RM100,000 Savings At Age 55 For Retirement - Researcher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.

MDEC CEO Anuar Fariz Fadzil To Conclude Two-year Tenure

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia Digital Economy Corporation (MDEC) chief executive officer Anuar Fariz Fadzil will conclude his tenure after completing his two-year contract on Oct 2, 2026.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.