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Carsome Says Long-term Automotive Roadmap Key To Sustaining Sector's Growth

KUALA LUMPUR, Oct 10 (Bernama) -- Carsome has highlighted the need for a clear long-term automotive roadmap to sustain industry growth and investor confidence following the tabling of Budget 2026.

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.

Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).

Natural Rubber Production Down 12.8 Pct In August 2025

KUALA LUMPUR, Oct 9 (Bernama) -- Natural rubber (NR) production in August 2025 decreased by 12.8 per cent to 31,285 tonnes compared to July 2025 with 35,884 tonnes, according to the Department of Statistics, Malaysia (DoSM).

Finland’s Sitra Eyes Malaysia For Next Rollout Of Personal Carbon Tracker App

By Zufazlin Baharuddin

HELSINKI, Oct 9 (Bernama) -- The Finnish Innovation Fund, Sitra, sees strong potential for introducing the “Lifestyle Test” application in Malaysia, which helps users measure their carbon footprint and encourages positive and sustainable lifestyle choices.

APO Releases 2025 Productivity Databook, Adds Afghanistan, Maldives To Coverage

KUALA LUMPUR, Oct 9 (Bernama) -- The Asian Productivity Organization (APO) has released the 18th edition of its annual Productivity Databook, providing a comprehensive overview of productivity and economic growth trends across 33 Asian economies from 1970 to 2023, along with projections through 2035.

Prasarana Hopes For Continuation Of Unlimited Travel Pass, Support For LRT3 In Budget 2026

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 9 (Bernama) -- Prasarana Malaysia Bhd has expressed hope that the government will continue the unlimited monthly travel pass initiative and provide strong support for the Shah Alam Line (LRT3) project in the upcoming Budget 2026.

HIES 2024: Malaysia Achieves Major Milestone With Hardcore Poverty Rate At 0.09 Pct

PUTRAJAYA, Oct 8 (Bernama) -- Malaysia has achieved a major milestone with hardcore poverty almost eradicated, recording a rate of 0.09 per cent based on the 2024 Household Income and Expenditure Survey (HIES) announced today, compared with 0.2 per cent in 2022.  

Govt Saves RM20 Bln In Two Years Through Fiscal Consolidation -- Lim

KUALA LUMPUR, Oct 8 (Bernama) -- The government’s efforts to implement fiscal consolidation to reduce the deficit have succeeded in saving RM20 billion in borrowings over two years, said Deputy Finance Minister Lim Hui Ying.

Efforts To Reduce Deficit Expected To Be Priority In Budget 2026 – Johari

PUTRAJAYA, Oct 8 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has hinted that Budget 2026 will prioritise efforts to reduce the country's fiscal deficit.

Singapore's MS First Capital Insurance Credit Ratings Upgraded By AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).

Ringgit Rises Vs US Dollar, Other Major Currencies

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.