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Ringgit Holds Steady As Post-budget Optimism Balances Stronger Greenback

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit opened flat against the US dollar on Monday morning as investors remained biased towards the greenback, while positive local developments following Budget 2026 helped offset the pressure.

Budget 2026 Marks Shift To Investment-driven Growth While Upholding Fiscal Discipline — Economists

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.

MBSB IB Expects Malaysia's 2025 Retail Sales Growth To Moderate To 4.6 Pct

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s retail sales growth is expected to moderate to 4.6 per cent in 2025, compared to 5.5 per cent in 2024.

Malaysia To Sustain Growth At 4-4.5 Pct Next Year Driven By Higher Demand For Semiconductors, AI Applications – MoF

By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab

KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.

ASEAN Must Move Beyond Export-led Model, Says Liew

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 9 (Bernama) -- Deputy Investment, Trade and Industry Minister Liew Chin Tong has called on ASEAN to move beyond the traditional export-led industrialisation model, stating that it is no longer sustainable in the face of current global challenges.

Budget 2026: Top Glove Calls For Swift Tax Refunds To Ease Cash Flow

KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd is seeking to expedite tax refunds for excess payments to improve cash flow and enhance operational efficiency.

US-based Tenstorrent To Establish Offices In Malaysia As Part Of Global Expansion

KUALA LUMPUR, Oct 9 (Bernama) -- Tenstorrent Inc., a US-based artificial intelligence (AI) startup, is planning to expand its presence in Malaysia by establishing offices in the country.

eXp Realty Launches UK Commercial Arm, Disrupts US$10 Bln Market

KUALA LUMPUR, Oct 9 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage, has launched eXp UK Commercial, marking a major move into Britain’s booming commercial property sector.

More Good News For JS-SEZ To Be Announced Next Week – Tengku Zafrul

SINGAPORE, Oct 8 (Bernama) -- More good news is expected to be announced next week on the Johor-Singapore Special Economic Zone (JS-SEZ), as part of ongoing efforts to sustain momentum in attracting investors to the area, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Ends Lower Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit ended easier against the US dollar amid cautious sentiment in the currency market, said an analyst.  

AXS Acquires Majority Stake In SISTIC To Strengthen Singapore Entertainment

KUALA LUMPUR, Oct 8 (Bernama) -- AXS, the global ticketing division of United States-based Anschutz Entertainment Group (AEG), has entered into a strategic partnership with Singapore’s leading ticketing platform, SISTIC, acquiring a majority stake in the company.

Oil Prices Up 2nd Day After Modest OPEC+ Hike, But Gains Limited

WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November.