Bank Negara Malaysia To Adopt MYOR-i As Mandatory Islamic Benchmark Rate From July 2027

KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.

Global Gold Price Surge To New High, Lifts Bursa Gold Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended stronger on Monday, tracking a global market rally as prices soared to a new all-time high of US$4,100 an ounce.

Ringgit Likely To Appreciate To RM4 Vs US Dollar By Year-End — BNM Governor

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit could appreciate to RM4 against the US dollar by the end of the year with Malaysia’s bright economic prospects, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said today.

FBM KLCI Futures End Marginally Lower, Tracking Weaker Cash Market

KUALA LUMPUR, Oct 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives ended marginally lower, tracking the weaker underlying cash market.

Niise Contract Sum Revised To RM1.05 Bln - HeiTech Padu

KUALA LUMPUR, Oct 13 (Bernama) -- The value of HeiTech Padu Bhd’s contract for the National Integrated Immigration System (NIISe) project has been revised to RM1.05 billion from RM892.19 million. 

Ringgit Ends Lower As Dollar Firms On Trade Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit slipped against the US dollar at Monday’s close, reflecting renewed strength in the greenback amid lingering trade tensions between the United States and China.

Malaysia's Recognition As Global Islamic Finance Hub Reflects Ethical Foundations -- PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.

Corporate Tax Incentives Should Be Linked To Fair Wages, CSR - Backbenchers Club

KUALA LUMPUR, Oct 13 (Bernama) -- The government has been asked to review corporate tax reliefs especially for companies that record windfall profits but maintain a very large salary gap between top management and the lower-level employees. 

Bursa Malaysia Tracks Regional Downturn Amid Fresh US-china Trade Spat

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia ended lower today in line with the regional downturn as renewed United States-China trade tensions weighed on sentiment.

Matrade Committed To Strengthening MSME Global Reach With Budget 2026 Allocations

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is committed to fully utilising the allocations announced under Budget 2026 to strengthen support for micro, small and medium enterprises (MSMEs) in penetrating global markets. 

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.

Budget 2026 Enhances Malaysia’s Digital Backbone For AI-powered Future -- MyIX

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.