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Budget 2027 To Boost Malaysia’s Competitiveness In High-value Industries – Amir Hamzah

By Kenny Teng

BANGKOK, Oct 17 (Bernama) -- Budget 2027 will strengthen Malaysia’s position in high-value industries by attracting quality investments, deepening local supply chains and developing skilled talent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Penang's Silicon Island Reclamation Reaches 202 Hectares Up To Oct 2026 -- Chow

GEORGE TOWN, Oct 17 (Bernama) -- A total of 202.3 hectares of land have been reclaimed at Silicon Island since reclamation works began in September 2023, through October 2026, marking significant progress in developing Penang's next economic growth hub.

Robotics, Autonomous Vehicle Firms Sign Four Collaborations To Set Up, Run Pilots In Selangor

KUALA LUMPUR, Oct 17 (Bernama) -- Robotics and autonomous vehicle companies have signed four collaborations with the Selangor Information Technology & Digital Economy Corporation (Sidec) to set up and run pilot projects in Selangor.

Penang Port Deploys Malaysia’s First Private Dedicated Spectrum 5G Network

BUTTERWORTH, Oct 17 (Bernama) -- Penang Port Sdn Bhd (Penang Port) has become Malaysia’s first port to deploy a private 5G network on dedicated spectrum, marking a significant milestone in its digital transformation toward becoming a smart port.

MEF Urges Employers To Strengthen Workplace Safety, Health Amid Worsening Haze

KUALA LUMPUR, Oct 17 (Bernama) -- The Malaysian Employers Federation (MEF) has urged employers to take proactive measures to protect employees’ safety, health and welfare as haze conditions worsen, including adjusting work arrangements in line with prevailing air quality and occupational safety requirements.

AiSEM@Selangor 2026 Targets Six Semiconductor Firms For IPO By 2030

KUALA LUMPUR, Oct 17 (Bernama) -- The  Artificial Intelligence (AI) and Semiconductor Summit 2026 (AiSEM@Selangor), one of the flagship components of the Selangor International Business Summit (SIBS) 2026, aims to support the growth of semiconductor and integrated circuit (IC) companies, with six firms in the pipeline to go public by 2030, said the Selangor Information Technology and Digital Economy Corporation (Sidec).

Zetrix AI Given Until Oct 22 To Remedy Sukuk Breach Or Face Payment Default

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd has been given until Oct 22, 2026, to remedy a breach of covenant under its Sukuk Wakalah, failing which a payment default will be triggered.

MBI Selangor Subsidiaries Form Strategic Alliance To Explore Dark Fibre Network 2.0

KUALA LUMPUR, Oct 16 (Bernama) -- Smartsel Sdn Bhd and Pengurusan Air Selangor Sdn Bhd (Air Selangor), key subsidiaries of Menteri Besar Selangor (Incorporation) (MBI Selangor), will explore the proposed Selangor Dark Fibre Network 2.0, which aims to leverage existing utility corridors to deploy high-capacity fibre networks.

CapBay Finances Over 2,700 SMEs, Records RM6 Bln In Financing Since 2016

KUALA LUMPUR, Oct 16 (Bernama) -- CapBay Group has recorded cumulative financing exceeding RM6 billion since 2016, issuing 45,000 financing notes to more than 2,700 Malaysian small and medium enterprises (SMEs) across 20 industries.

Petronas, Petrovietnam Sign Strategic Alliance Agreement, Mark 35 Years Of Collaboration

KUALA LUMPUR, Oct 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Vietnam National Industry Energy Group (Petrovietnam) have strengthened their partnership with the signing of a strategic alliance agreement (SAA).

Spartan Ives Capital Reaffirms Confidence In EGHI After ACE Market Listing

KUALA LUMPUR, Oct 16 (Bernama) -- Spartan Ives Capital Sdn Bhd (SIC) has reaffirmed its strong confidence in EGH International Bhd (EGHI) following EGHI’s listing on the ACE Market of Bursa Malaysia today. 

Ringgit Strengthens Against US Dollar Following Robust 3Q GDP Estimate

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by Malaysia’s higher-than-expected advance GDP estimate for the third quarter of 2026 (3Q 2026).