<div class=newsTextDataWrapInner><p data-qa-component="item-headline" data-rc-highlight="headline">JAKARTA (Oct 26): The amount of natural gas being supplied by Indonesia to Singapore is still meeting the minimum level stipulated under a contract between them despite a reduction, Indonesia's energy minister said on Monday.</p></div>

<div class=newsTextDataWrapInner><p>As of Saturday, Indonesia cut 31 million standard cubic feet of gas per day from its pipelined natural gas exports to Singapore to divert supply to the domestic power sector.</p></div>

<div class=newsTextDataWrapInner><p>Minister Bahlil Lahadalia was responding to Singapore Prime Minister Lawrence Wong's remark on Sunday that he expected all parties in commercial contracts to honour their commitments.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Our nation is a nation that honours contracts, rules," Bahlil told a press conference. "So don't teach Indonesia on how to honour contracts".</p></div>

<div class=newsTextDataWrapInner><p>The gas is being redirected to meet electricity needs in Batam, Bintan and Sumatra, the chief of Indonesia's upstream oil and gas regulator said.</p></div>

<div class=newsTextDataWrapInner><p>Batam and several cities in Indonesia's Riau Islands province suffered a blackout that lasted 16 hours earlier this month.</p></div>

<div class=newsTextDataWrapInner><p>Bahlil had last week said he would prioritise natural resources use for domestic needs and review contracts to maintain energy security.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


JAKARTA (Oct 26): The amount of natural gas being supplied by Indonesia to Singapore is still meeting the minimum level stipulated under a contract between them despite a reduction, Indonesia's energy minister said on Monday.

Indonesia meeting gas deal terms with Singapore despite supply cut, minister says

West River Bhd (KL:WESTRVR)  through its wholly owned subsidiary West River Engineering Sdn Bhd (WRE) has secured two mechanical and electrical (M&E) subcontracts worth a combined RM17.85 million in Selangor and Kuala Lumpur.

West River bags RM18 mil in M&E jobs for Puchong, Bukit Jalil residential projects

Berjaya Property Bhd (KL:BPROP) has proposed to raise its stake in Manjaran Sdn Bhd to 49% by acquiring Citaglobal Bhd's (KL:CITAGLB) entire 20% stake in the integrated logistics hub developer.

Berjaya Property plans to boost stake in Manjaran to 49% via acquistion of Citaglobal's 20% stake

Expenditure under the Rural Roads Programme (JALB) for the 2023-2025 period totalled RM6.108 billion, within the revised allocation of RM6.143 billion, leaving a balance of about RM34.3 million, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Rural road programme expenditure of RM6.108 bil over 2023-2025 within revised allocation — Zahid

Meta Platforms Inc is seeking to raise as much as US$95 billion (RM387.98 billion) from selling common and preferred stock, tapping investors for support in the race to lead artificial intelligence’s development.

Meta seeks up to US$95 bil in equity to fund AI spending

Datuk Ahmad Azman Abdul Manaf, a lifelong stockbroker and chief executive of SJ Securities Sdn Bhd, died over the weekend. He was 65.

Longtime CEO of SJ Securities Ahmad Azman Abdul Manaf dies

The Court of Appeal on Monday reduced the damages payable by the Klang Municipal Council, now known as the Klang Royal City Council, to property developer NBC Land Sdn Bhd from RM117 million to RM3 million in a dispute over the rehabilitation of a former dumpsite.

Court of Appeal reduces Klang council's damages to developer NBC Land from RM117m to RM3m

Audi will split its logos between its two Chinese partners as the Volkswagen AG unit tries to turnaround a protracted sales slump.

Audi splits logos for China as carmaker fights to revive sales

Defence Minister Datuk Seri Mohamed Khaled Nordin said delays in the construction of the country's first littoral combat ship (LCS1) cannot be attributed solely to the cancellation of an export licence for Norway’s Naval Strike Missile (NSM), as the vessel’s physical construction had also fallen behind schedule.

Littoral combat ship delays not solely due to missile export licence issue, says Khaled

Foundation and basement construction specialist Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM53.35 million contract to undertake piling works for the proposed Rio City Town Centre development in Selangor.

Aneka Jaringan secures RM53.35 mil piling contract for IOI Properties project

The Dutch government aims to cut 25,000 civil servant jobs in an artificial intelligence (AI)-led efficiency drive targeting annual savings of €3.5 billion (RM16 billion).

Dutch government plans to cut 25,000 jobs in AI-led overhaul

<p>Datuk Mahadev Shankar, a member of the royal inquiry into Malaysia’s judge-fixing scandal, has passed away over the weekend. He was 94.</p>


Mahadev Shankar, member of royal inquiry into Anwar black-eye and VK Lingam scandal, passes away

<p>Completing 11 years of schooling from primary (six years) to secondary (five years) is now mandatory for all Malaysian citizens. Parents who fail to comply can be fined up to RM5,000, jailed up to six months, or both. Per the latest United Nations Development Programme (UNDP) data, Malaysians have completed 11.1 years of schooling, on average, well above the global mean of 8.8 years — and just a shade lower than Singapore’s 12 years. A child entering school today has an even higher 12.7 expected years of schooling. By this measure, Malaysia places within the UNDP’s “Very high human development” category. A laudable achievement — but also a false narrative.</p>


Tong's Portfolio — More straight As, less learning: What Malaysia’s exams miss

<p>MyDCD Bhd has launched its ACE Market listing that will raise RM268.8 million for the engineering services firm and its shareholders.</p>


Engineering services firm MyDCD launches ACE Market IPO at 56 sen per share

<p>KUALA LUMPUR (Oct 26): Public Investment Bank Bhd has assigned a fair value of 70 sen on SKA Capital Bhd, which translates into a 63% premium over its initial public offering (IPO) price of 43 sen.</p>


PublicInvest values ACE Market-bound SKA Capital at 70 sen, 63% premium over IPO price

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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<p>•&nbsp;&nbsp; &nbsp;IJM is likely to secure a RM500 million contract for the construction of a data centre for K2 Strategic Infrastructure ...

IJM said to have bagged K2 data centre construction job

<p>BUKIT MERTAJAM (Oct 26): The Magistrates' Court was told on Monday that the prosecution has rejected a representation by Umno Youth chief Datuk Dr Muhamad Akmal Saleh seeking to drop his charge of causing alarm to public safety through his social media account last year.</p>


Prosecution rejects Akmal Saleh's representation to drop public alarm charge

<p>Jio Platforms Ltd raised a record amount of funds for billionaire Mukesh Ambani’s digital and telecommunications giant but it proved to be far less lucrative for the bankers handling the deal.</p>


Jio’s record India IPO falls short of record payday for bankers

<p>TODAY, Malaysia mourns the loss of Datuk Mahadev Shankar, one of its most distinguished jurists: a formidable advocate, an independent-minded judge and a man whose extraordinary intellect, integrity and commitment to public service left an indelible mark on the nation’s legal landscape.</p>


Obituary: Mahadev Shankar: A life devoted to the law, justice and the nation

<p>SINGAPORE (Oct 26): Malaysia will deepen its partnership with Singapore and work with neighbours to realise regional power connectivity, said Deputy Prime Minister Datuk Seri Fadillah Yusof.</p>


Malaysia seeks greater energy ties with Singapore as it makes a push for Asean grid — Fadillah

<p>KUALA LUMPUR (Oct 25): The move by MCA to walk out of an event to unveil Barisan Nasional (BN) candidates for the 16th Melaka state election on Saturday (Oct 24)&nbsp;night has raised questions regarding the sincerity of its coalition partner, Umno, in their political cooperation.</p>


Melaka polls: Walk-out by MCA raises question of sincerity of Umno

<p>KUALA LUMPUR (Oct 26): Subang, Ipoh and Penang airports recorded year-on-year (y-o-y) growth in international passenger traffic in September 2026, despite a decline in overall passenger movements across Malaysia Airports' local network.</p>


Subang, Ipoh, Penang airports see international passenger growth in September despite national decline

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<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<p>•&nbsp;&nbsp; &nbsp;Elevated crude oil prices following the Strait of Hormuz disruption have renewed interest in Malaysian oil and gas stoc...

Which Malaysian O&G stocks stand to gain from higher-for-longer oil prices?

<p>KUALA LUMPUR (Oct 26): The Ministry of Housing and Local Government (KPKT), through PLANMalaysia and in collaboration with the Ministry of Tourism, Arts and Culture (Motac), state governments and local authorities, is drafting STRA planning guidelines to serve as a uniform source of authority.</p>


Housing Ministry moves to standardise short-term rental accommodation rules nationwide

<p>GDB Holdings Bhd (KL:GDB) has secured its largest job to date, a RM1.02 billion construction contract for a luxury residential development in Desa ParkCity, Kuala Lumpur.</p>


GDB lands biggest job to date with RM1.02 bil construction contract at Desa ParkCity

<p>Matang Bhd (KL:MATANG) has suspended its chief financial officer and acting chief operating officer Tan Theng Hwee pending an internal investigation into governance, operational and management conduct matters.</p>


Matang suspends CFO, acting COO Tan Theng Hwee amid internal probe

<p>KUALA LUMPUR (Oct 26): Press Metal Aluminium Holdings Bhd (KL:PMETAL) is expected to see softer smelting margins in the second half of 2026 as aluminium supply crunch eases, said Hong Leong Investment Bank (HLIB) Research.</p>


Press Metal faces softer 2H smelting margins as aluminium supply crunch eases — HLIB Research

<p>KUALA LUMPUR (Oct 26): The government on Monday pledged to publicly release a report by a special task force probing the “corporate mafia” allegations.&nbsp;</p>


Govt pledges to make ‘corporate mafia’ task force report public

<p>Maxis Bhd (KL:MAXIS) is expected to get a small boost to its fibre business, which has seen little growth in recent quarters, analysts said on Monday.</p>


Maxis to get small boost to fibre business after flat quarters, analysts say

<p>ACE Market-bound SKA Capital Bhd has secured six subcontracts worth a combined RM89.28 million for electrical infrastructure works related to projects Tenaga Nasional Bhd (TNB) (KL:TENAGA), ahead of its ACE Market listing on Nov 11.</p>


ACE Market-bound SKA Capital bags six TNB-linked jobs worth RM89.3 mil

<p>The Malaysian Border Control and Protection Agency (AKPS) has developed hologram technology to be deployed at the satellite building of Kuala Lumpur International Airport (KLIA) Terminal 1, to&nbsp;assist&nbsp;travellers in obtaining information regarding arrival procedures in the country.</p>
