Bursa Malaysia Stays Higher At Midafternoon
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia stayed higher at midafternoon with bargain hunting in select heavyweight stocks and mild selling in lower liners and smaller caps.
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Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.
Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.
MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day
KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.
Top Glove Net Loss Narrows To RM61.81 Mln In FY2024
KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.
Unemployment Rate In Malaysia Falls To 3.2 Pct in August
PUTRAJAYA, Oct 10 (Bernama) -- August’s unemployment rate fell to 3.2 per cent, registering 558,500 unemployed persons, according to the Labour Force Statistics for August released today.
Malaysia's Palm Oil Exports Climb 0.93 Pct To 1.54 Mln Tonnes In September - MPOB
KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Palm Oil Board (MPOB) reported that palm oil exports in September 2024 saw a marginal increase of 0.93 per cent to 1.54 million tonnes from 1.53 million tonnes in August 2024.
Sarawak Ready To Lead In Promoting Sustainable Global Economy - Abang Johari
KUCHING, Oct 10 (Bernama) -- Sarawak is ready to learn and lead in promoting a just and sustainable global economy through the development of green and renewable energy, sustainable agriculture or digital innovation.
RHB Bank Net Interest Margin Seen Higher In Third Quarter
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.
Rising Demand And Supportive Policies Key To Malaysia AI Market Growth - IBM Malaysia
KUALA LUMPUR, Oct 10 (Bernama) -- IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.
ASEAN-BAC Outlines Initiatives For 2025, Including ASEAN IPO - Nazir Razak
By Sharifah Hunaini Syed Ismail & Rosmalis Anuar
VIENTIANE, Oct 10 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has outlined several key initiatives that will be highlighted during Malaysia's chairmanship next year, including an initial public offering (IPO) framework for the 10-member bloc.
Bursa Malaysia Maintains Uptrend At Midday
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.