Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah
KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively.
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FBM KLCI Futures End Higher
KUALA LUMPUR, Oct 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the underlying cash market performance.
Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
Bernamabiz News Portal Goes Live Today
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian National News Agency’s (Bernama) business portal, BERNAMABiz, goes live today, offering a dedicated news portal that provides comprehensive, real-time insights into the rapidly evolving business and economic landscape, both locally and globally.
Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF
KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.
Govt Recovers RM27.17 Bln Linked To 1MDB As Of September 2024 - Yeoh
KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024.
Sarawak Signs MoU With MEASAT To Support Space Industry Development
KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.
CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.
ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target
KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.
Gold Futures Close Lower On Strengthening US Dollar
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance.
Malaysia Aviation Group's First A330neo Delivery Delayed, Some Flights Impacted
KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.
FBM KLCI Ends Higher On Buying In Selected Stocks
By Rosemarie Khoo
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.