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Ringgit ends lower against greenback, gains vs major currencies
https://www.thestar.com.my/business/business-news/2025/10/10/ringgit-ends-lower-against-greenback-gains-vs-major-currencies

KUALA LUMPUR: The ringgit closed the week weaker against the US dollar, reflecting renewed and sustained strength in the greenback, an analyst said. Read full story (https://www.thestar.com.my/business/business-news/2025/10/10/ringgit-ends-lower-against-greenback-gains-vs-major-currencies)
Magma to dispose of stake in Impiana KLCC Hotel for RM63mil
https://www.thestar.com.my/business/business-news/2025/10/10/magma-to-dispose-of-stake-in-impiana-klcc-hotel-for-rm63mil

KUALA LUMPUR: Magma Group Bhd's wholly-owned subsidiary Astaka Mekar Sdn Bhd and KLCC (Holdings) Sdn Bhd will dispose of their combined 100% equity interest in Heritage Lane Sdn Bhd, the holding company of Impiana KLCC Hotel, to Harum Aspirasi Sdn Bhd for RM315mil cash. Read full story (https://www.thestar.com.my/business/business-news/2025/10/10/magma-to-dispose-of-stake-in-impiana-klcc-hotel-for-rm63mil)
Budget 2026: Stamp duty exemption extended for first-time homebuyers
https://www.thestar.com.my/business/business-news/2025/10/10/budget-2026-stamp-duty-exemption-extended-for-first-time-homebuyers

KUALA LUMPUR: The Government has proposed extending the full stamp duty exemption on transfer instruments and loan agreements for first-time homebuyers purchasing homes priced up to RM500,000 for another two years, until Dec 31, 2027, Prime Minister Datuk Seri Anwar Ibrahim said. Read full story (https://www.thestar.com.my/business/business-news/2025/10/10/budget-2026-stamp-duty-exemption-extended-for-first-time-homebuyers)
Budget 2026: RM6bil to strengthen Bumiputera education and talent growth
https://www.thestar.com.my/business/business-news/2025/10/10/budget-2026-rm6bil-to-strengthen-bumiputera-education-and-talent-growth

KUALA LUMPUR: The government has allocated RM6bil under Budget 2026 for Yayasan Peneraju (YP), UiTM and MARA to strengthen Bumiputera education opportunities. Read full story (https://www.thestar.com.my/business/business-news/2025/10/10/budget-2026-rm6bil-to-strengthen-bumiputera-education-and-talent-growth)
Indonesia remains a draw for planters
https://www.thestar.com.my/business/insight/2025/10/11/indonesia-remains-a-draw-for-planters

When the Indonesian Supreme Court overturned the acquittals of edible oil giant Wilmar International Ltd and two other major palm oil groups over allegations of misconduct in obtaining palm oil export permits in 2022, many companies with operations in the republic would have been unnerved. Read full story (https://www.thestar.com.my/business/insight/2025/10/11/indonesia-remains-a-draw-for-planters)
The US$600 trillion question: Inflate or innovate?
https://www.thestar.com.my/business/insight/2025/10/11/the-us600-trillion-question-inflate-or-innovate

Global wealth accumulation this century has far outstripped economic growth, and the performance of that US$600 trillion of savings over the next decade rests heavily on how the gap is closed – a productivity boost or sustained inflation. Read full story (https://www.thestar.com.my/business/insight/2025/10/11/the-us600-trillion-question-inflate-or-innovate)
Investors may steepen yield curve on fiscal fears
https://www.thestar.com.my/business/business-news/2025/10/11/investors-may-steepen-yield-curve-on-fiscal-fears

Bond markets remain focused on budget concerns in the United States, euro zone and Japan, meaning the recent pullback in ultra-long sovereign yields may prove short-lived, potentially reigniting interest in this year's popular curve steepening trade. Read full story (https://www.thestar.com.my/business/business-news/2025/10/11/investors-may-steepen-yield-curve-on-fiscal-fears)
Managing wealth for retirement
https://www.thestar.com.my/business/insight/2025/10/11/managing-wealth-for-retirement

A report last week highlighted the issue of financial abuse of elderly parents in their twilight years. Read full story (https://www.thestar.com.my/business/insight/2025/10/11/managing-wealth-for-retirement)
2025/10/16 16:38:26
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