Ringgit Rises Against US Dollar On Softer Greenback

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a weaker greenback after dovish signals from the US Federal Reserve (Fed).

US-Malaysia Reciprocal Agreement To Be Signed Next Week Seen As Fair -- Tengku Zafrul

KUALA LUMPUR, Oct 15 (Bernama) — The Reciprocal Trade Agreement expected to be signed between Malaysia and the United States (US) in conjunction with the 47th ASEAN Summit next week is seen as fair for both parties, taking into account their respective interests, said Investment, Trade and Industry Ministry Tengku Datuk Seri Zafrul Abdul Aziz.

Bioeconomy Corporation, UMK To Boost Kelantan's Bio-based Talents, Entrepreneurs

BACHOK, Oct 14 (Bernama) – Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation) has signed a memorandum of understanding (MoU) with Universiti Malaysia Kelantan (UMK) to strengthen collaboration to nurture bio-based talent and entrepreneurs.

IMF Maintains Malaysia's Real GDP Growth Forecast At 4.5 Pct In 2025, 4.0 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- The International Monetary Fund (IMF) has maintained its projection for Malaysia's real gross domestic product (GDP) growth of 4.5 per cent in 2025 and 4.0 per cent in 2026. 

IMF Sees Global Growth Moderating To 3.2 Pct In 2025, Calls For Policy Prudence

KUALA LUMPUR, Oct 14 (Bernama) -- Global growth is projected to slow to 3.1 per cent in 2026, against 3.2 per cent this year from 3.3 per cent in 2024, said the International Monetary Fund (IMF).

Over 11 Mln Malaysians Benefited From BUDI95 Petrol Subsidy As Of Oct 13 - Economy Ministry

KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.

New Performance-Based Incentive Framework Ensures Rewards Tied To Achievements -- Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- The New Performance-Based Incentive Framework will ensure actual achievements can be measured and encouraged, with incentives granted only when set performance targets are met, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

Singapore-Based Firms Commit Over S$5.5 Billion To Johor Since JS-SEZ Mou -- Singapore DPM

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 14 (Bernama) -- Singapore-based companies have committed over S$5.5 billion (S$1 = RM3.25) in investments into Johor since the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) memorandum of understanding (MoU) last year, said the republic’s Deputy Prime Minister, Gan Kim Yong.

Eco Expo Asia 2025 To Spotlight Green Innovations For Carbon Neutrality 

KUALA LUMPUR, Oct 14 (Bernama) -- The 20th edition of Eco Expo Asia, themed “Green Innovations for Carbon Neutrality”, will be held from Oct 28 to 31 at AsiaWorld-Expo, featuring more than 300 exhibitors from 12 countries and regions.

FE Green PET Secures RM150 Mln In Sustainable Financing From HSBC Malaysia

KUALA LUMPUR, Oct 14 (Bernama) -- Taiwan’s Far Eastern New Century Group (FENC), through wholly-owned subsidiary FE Green PET (M) Sdn Bhd (FE Green PET), has secured RM150 million in green and sustainability-linked financing from HSBC Bank Malaysia Bhd.

Malaysia To Reap Economic Benefits From Sovereign AI Cloud Development – IT Specialist

KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.

World Bank Positive On Malaysia's Fiscal Consolidation Strategy

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.