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Govt Received RM20.71 Bln In Settlement Over 1MDB From Three Banks To Date - MOF

KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.

Bursa Malaysia Ends Lower On Late Selling As Investors Turn Cautious

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia reversed earlier gains to close lower on Tuesday, weighed down by late selling in selected heavyweight counters as investors turned cautious amid a regional downtrend.

Newly Launched Mahsia Media Aims To Empower Brands

KUALA LUMPUR, Oct 13 (Bernama) -- A new player has entered the country’s media and marketing landscape with the official launch of Mahsia Media Group Sdn Bhd last night, a brand communication consultancy founded by Datuk Dr Calvin Khiu.

Rubber Market Eases Amid US-China Trade Tension

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian rubber market eased today as the global market sentiment was dampened by renewed fears over US-China trade tensions, said a dealer.

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.

Govt To Galvanise RM470 Bln Resources In Budget 2026 To Fortify Economy Against Global Shocks - PM Anwar

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.

Bursa Malaysia Ends Higher Ahead Of Budget 2026

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed higher on Thursday as investors were bullish ahead of the Budget 2026 announcement tomorrow, an analyst said.

Top Glove Back In Black With Rm109 Mln Fy2025 Profit

KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd has returned to profitability, posting a net profit of RM109.07 million for the financial year ended Aug 31, 2025 (FY2025), compared with a net loss of RM64.88 million a year earlier.

Xenco Medical Wins Top Honour At 2025 PM360 Trailblazer Awards 

KUALA LUMPUR, Oct 9 (Bernama) -- Pioneering medical technology company, Xenco Medical has been crowned Medical Device/Diagnostics Company of the Year at the 2025 PM360 Trailblazer Awards held at Gotham Hall, New York City, on Sept 30.

Motor, Fire Segments Fuel Growth In Malaysia’s General Insurance Industry - PIAM

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).

Metta, Operator Of Chef Wan's Restaurant, Eyes Local And Overseas Expansion After Oasis Acquisition

KUALA LUMPUR, Oct 8 (Bernama) -- Metta Food and Lifestyle Sdn Bhd, the operator of Chef Wan Group of Restaurants, is targeting local and international expansion following the acquisition by Oasis Harvest Corporation for RM30.8 million.

Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.