LATEST NEWS   EG Industries Bhd wholly-owned subsidiary seals US$241.6 million purchase order for high-speed optical modules and wireless access-related products | Continued expansion in the loan and deposit portfolios lifts Public Bank's net profit to RM1.75 bln in 1Q 2026 from RM1.74 bln in 1Q 2025. | MOHE restructures 36 polytechnics to offer degree and master's level studies in line with high-tech industry needs - Zambry | Malaysia’s labour demand grew by 1.8 pct y-o-y, reaching 9.23 mln jobs in 1Q 2026 - DOSM | The government is exploring incentives to accelerate EV truck adoption amid rising diesel subsidy costs - Loke | 

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Govt To Ensure Construction Sector Remains Competitive, Sustainable - PM

KUALA LUMPUR, Oct 23 (Bernama) --  The government is taking proactive steps to ensure that the construction industry remains competitive and sustainable amid expectations of rising tender prices, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination - MIDA

KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).

Budget 2025: RM900 Mln Affordable Housing Allocation To Impact First-time Homebuyers -- PropertyGuru

KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.

EXIM Bank, GTC Ink US$19.97 Mln Agreement To Boost Cambodia's Telecommunications Infrastructure

KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Global Tower Corporation Pty Ltd (GTC) worth US$19.97 million (US$ = RM4.32).

Ringgit Ends Lower Vs US Dollar As External Factors Weigh

By Rosemarie Khoo

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst. 

JBIC Commits To Enhancing Japanese Investments In Malaysia - PM Anwar

KUALA LUMPUR, Oct 22 (Bernama) -- The Japan Bank for International Cooperation (JBIC) has expressed its commitment to enhancing existing investments by attracting more Japanese investors to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

EBC, DiNapoli Experts Provide Insights To Navigate Volatile Markets

KUALA LUMPUR, Oct 22 (Bernama) -- EBC Financial Group (EBC), in partnership with DiNapoli Experts, has hosted ‘Harnessing the Power of DiNapoli Indicators to Conquer Black Swan Events’, an exclusive gathering that brought together financial experts, traders, investors, and economic strategists to explore key strategies for navigating volatile markets.

Quantexa Earns Recognition In Chartis RiskTech Quadrant For KYC Solutions

KUALA LUMPUR, Oct 22 (Bernama) -- Quantexa, a provider of Decision Intelligence solutions for public and private sectors, has received recognition in two Chartis Research reports.

Black & Veatch Serves As Owner's Engineer For Combined Cycle Power Plant In Sarawak

KUALA LUMPUR, Oct 22 (Bernama) -- Black & Veatch, a global leader in critical infrastructure solutions, has been chosen as the owner’s engineer for PETROS Power Sdn Bhd’s (PETROS Power) Miri Combined Cycle Gas Turbine (Miri CCGT) Power Plant in Sarawak, Malaysia.

Rafizi To Present On Key Issues Affecting Global South In BRICS Summit

PUTRAJAYA, Oct 22 (Bernama) -- Minister of Economy Rafizi Ramli is scheduled to deliver Malaysia’s national statement at the BRICS Outreach/BRICS Plus Summit in Kazan, Russia, on Oct 24, 2024.

Exim Bank To Enhance Role In NIMP 2030, Boost Financing For Malaysian MSMES

KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) is set to reinforce its role within the New Industrial Master Plan (NIMP 2030) ecosystem by providing financing to deserving Malaysian companies, including micro, small and medium enterprises (MSMEs).

Great Eastern Takaful Named Best Takaful Solution Provider 2024, Wins ESG Initiative Award

KUALA LUMPUR Oct 22 (Bernama) -- Great Eastern Takaful Bhd (GETB) has achieved significant milestones, being named Best Takaful Solution Provider 2024 at the Global Islamic Finance Awards (GIFA) and receiving the Initiative Award - Upcycling from the ESGBusiness Awards.