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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Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

IOI Properties To Develop RM12 Bln Rio City Over 12 Years

PUCHONG, Oct 29 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development valued at RM12 billion over 12 years.

ACE Debutante OB Holdings Eyes Doubling Production Capacity By 2026

KUALA LUMPUR, Oct 29 (Bernama) -- OB Holdings Bhd aims to double its production capacity by 2026 with the completion of its new factory in Serendah, Selangor.

Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.

Bursa Malaysia To Close On Oct 31 For Deepavali Holiday

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on Oct 31, 2024, in conjunction with the Deepavali public holiday.

ECERDC To Continue Efforts To Attract High-value Investments To PTP, GHP

KUALA LUMPUR, Oct 28 (Bernama) -- The government, through the East Coast Economic Region (ECER) Development Council (ECERDC), will continue to focus on attracting private investments and realising high-value investment projects in the region, especially the Pahang Technology Park (PTP) and Gambang Halal Park (GHP).

PDAM Commits To Improving Facilities While Balancing Financial Realities Of Members

KUALA LUMPUR, Oct 28 (Bernama) -- The Petroleum Dealers Association of Malaysia (PDAM) is committed to exploring solutions to align with Prime Minister Datuk Seri Anwar Ibrahim's vision for all petrol station operators to improve facilities at their premises.

Alcon In The Public Eye, Winning Best Employers In Singapore Once Again

KUALA LUMPUR, Oct 28 (Bernama) -- Alcon, the global leader in eye care dedicated to helping people see brilliantly, has been named one of the ‘Best Employers in Singapore’ for the second consecutive year in addition to its recognition in 2021.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

ACE Market-Bound Supreme Consolidated Aims To Raise RM17.5 Mln From IPO

KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).

BMI Predicts 2.0 Pct Growth In SEA LPG Demand

KUALA LUMPUR, Oct 28 (Bernama) -- Southeast Asia's (SEA) liquefied petroleum gas (LPG) consumption is projected to grow at an average rate of 2.0 per cent annually from 2023 to 2033, according to BMI, a unit of the Fitch group.

ACE Market Debutant Sorento Capital To Expand Into New Construction, Renovation Projects

KUALA LUMPUR, Oct 28 (Bernama) -- Sorento Capital Bhd is set to expand into new construction and renovation markets by targeting additional building segments, including affordable housing, hotels and office buildings, following its debut on the ACE Market of Bursa Malaysia today.