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CTOS Expected To Incur Higher Costs In FY2027 After Cyberattack - Kenanga IB

KUALA LUMPUR, Oct 15 (Bernama) -- Credit reporting agency CTOS Digital Bhd (CTOS) is expected to incur additional capital expenditure and operating expenditure under its 12-month post-incident programme following a cyberattack that penetrated its cloud environment, said Kenanga Investment Bank Bhd (Kenanga IB).

Budget 2027 To Drive M&E Industry Towards Higher-value Activities, Enhance Competitiveness -- MEIF

KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Ringgit Opens Lower Vs US Dollar On Renewed US Rate Hike Expectations

By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.

Genting To Allocate RM280 Mln From Rights Issue For Interest, Financing Costs

KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

DCTF Approved 27 Data Centre Projects, With Estimated Investment Of RM225.97 Bln

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.

Businesses Must Account For Nature, Long-term Impact - WEF's Hoffmann

By Alyaa Natasha Azhar

KUALA LUMPUR, Oct 14 (Bernama) -- Businesses need to integrate nature into their business models and prioritise long-term societal impact over short-term financial returns to achieve sustainable prosperity, said World Economic Forum (WEF) board of trustees Co-Chair André Hoffmann.

SAIC Motor Malaysia To Launch Locally Assembled MG ZS SUV This Month From RM105,000

KUALA LUMPUR, Oct 14 (Bernama) -- SAIC Motor Malaysia Sdn Bhd plans to introduce the locally assembled MG ZS sport utility vehicle (SUV) in Malaysia by the end of October, with two variants available: the MG ZS 1.5 Turbo and MG ZS Hybrid+.

CPO Futures Close Higher On Stronger Export Demand, Energy Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.

Amova AM To Offer Global Investment Products Tailored To Malaysian Clients

KUALA LUMPUR, Oct 14 (Bernama) -- Amova Asset Management Co Ltd (Amova AM) plans to offer global investment products tailored to Malaysian clients, complementing those offered by AHAM Asset Management Bhd (AHAM Capital).

STS 2026 Targets 30 Pct Increase In Investment Generation

KUALA LUMPUR, Oct 14 (Bernama) -- The Selangor Techsphere Summit 2026 (STS 2026) is targeting to generate a 30 per cent increase in annual investment generation compared with the 2025 edition in line with efforts to strengthen Selangor’s position as a leading technology and talent hub in Southeast Asia.

Allocate Existing Tech Fund To Support Penang's Financial Hub Development -- Chow

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.