EconomyMalaysia
Anwar presents Malaysia’s 2027 Budget to Parliament
The fifth MADANI Budget is the second under the 13th Malaysia Plan, with parliamentary debates scheduled to run into November.
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UOB and AWS explore Singapore cloud environment for ASEAN banking
The proposed hybrid infrastructure would serve UOB’s five ASEAN markets, with AI applications and employee training also under consideration.
- MarketsIndonesia
IHSG drops 1.88% as foreign investors post net sales
Indonesia’s benchmark closed at 6,031.28 on 8 October 2026, while foreign investors recorded Rp867.27 billion in net selling across all markets.
- MarketsSingapore
Singapore shares fall 3.5% as banks lead losses
UOB was the weakest STI constituent, falling 5.2 per cent, while declining stocks outnumbered gainers across the broader market.
- Business & CompaniesIndonesia
Prabowo visits North Maluku for 11 downstreaming projects
Four projects are set for commercialisation and seven for groundbreaking at Indonesia Weda Bay Industrial Park, alongside an initial EV battery export shipment.
- EconomyThailand
Thailand sets four policy priorities for IMF–World Bank meetings
The October 12–18 gathering in Bangkok will address digital growth, economic resilience, climate financing and the challenges of an ageing population.
- MarketsMalaysia
SQAI considers RM300 million IPO in first quarter of 2027
The Malaysian semiconductor company may target a valuation of up to RM1.5 billion, though the offering’s size and timing remain undecided.
Bank share losses drag Singapore’s STI down almost 2.2 per cent
UOB fell 4.8 per cent and OCBC lost 4.2 per cent in morning trading on Oct 8, as interest-rate and oil-market concerns weighed on investors.
- Banking & FintechSingapore
Revolut plans Singapore office as part of S$350 million expansion
The Collyer Quay Centre premises are due to open in early 2027, while the fintech company targets more than 300 local employees within three years.
STI falls 1.6% as OCBC and UOB lead losses
Citi downgraded OCBC to sell, while Singapore’s broader market recorded 270 gainers and 269 decliners.
