1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia closed flat on Tuesday amid a mixed regional performance, with the key index just managing to stay up on late buying in selected heavyweight stocks.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.
1y ago
VIENTIANE, Oct 8 (Bernama) -- ASEAN must maintain its neutrality in the face of global geopolitical tensions to stimulate foreign investments in the region, said Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital financial services in Budget 2025 to sustain the industry’s growth.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.
1y ago
PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
1y ago
From Mohd Haikal Mohd Isa
ISLAMABAD, Oct 3 (Bernama) -- Malaysian Prime Minister Datuk Seri Anwar Ibrahim has reiterated the importance of countries maintaining strong economic fundamentals to withstand the "slings and arrows" of global uncertainties and challenges.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.