SC Targets RM2 Bln In Single Family Office AUM By 2026

KUALA LUMPUR, Oct 6 (Bernama) – The Securities Commission Malaysia (SC) is targeting RM2 billion in assets under management (AUM) by the end of 2026 under the Single Family Office (SFO) Incentive Scheme, after receiving 30 Expressions of Interest since the scheme was launched in September 2024.

Bursa Malaysia Retreats After Brief Early Lift

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 6 (Bernama)  -- Bursa Malaysia opened higher on Monday, supported by stronger regional markets, but later pared gains as mild profit-taking hit select heavyweights, analysts said.

New Agrobank Micro Branch In Sook To Benefit 31,000 Rural Residents

KOTA KINABALU, Oct 4 (Bernama) -- The opening of a new Agrobank micro branch in Sook, Keningau will benefit some 31,000 residents in the area, most of whom are engaged in agricultural activities.

Bursa Malaysia Slips After Early Gains Amid Mild Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia opened higher, buoyed by overnight gains on Wall Street, but surrendered early advances as investors booked mild profits in selected blue chips and smaller-cap stocks, an analyst said.

CMA Seeks Input On Opening Main Market To Non-Resident Foreign Investors

KUALA LUMPUR, Oct 2 (Bernama) -- The Capital Market Authority (CMA) has called on relevant stakeholders and interested parties in the capital market to submit feedback on a proposal to open the Main Market to all categories of non-resident foreign investors, enabling them to invest directly.

Govt Undertakes Various Initiatives To Spur Bamboo Industry - Chan

KUALA BERANG, Oct 2 (Bernama) -- The government is undertaking various initiatives to further boost the bamboo industry, which has the potential to emerge as a new economic driver, ultimately benefiting both the people and the nation.

Reforms And Innovation Boost Investors' Confidence In Malaysia -- Tengku Zafrul

SINGAPORE, Oct 2 (Bernama) -- Investor confidence is clearly returning to Malaysia as a result of the government’s commitment to reform, cooperate, innovate, and build a stronger, more sophisticated and inclusive economy, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia Secures Export Sales Worth RM376.14 Mln At 22nd China-ASEAN Expo

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysia Pavilion at the 22nd China-ASEAN Expo (CAEXPO) has recorded total sales of RM376.14 million, according to the Malaysia External Trade Development Corporation (MATRADE).

Bursa Malaysia Opens Higher, Traders Unfazed By US Shutdown

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia extended its uptrend to open higher on Thursday, tracking gains on Wall Street, as traders largely shrugged off the United States (US) government shutdown, hoping it would be short-lived, an analyst said.

Mizuho Bank Commits Nearly US$600 Mln To Support JS-SEZ -- Amir Hamzah

PUTRAJAYA, Oct 1 (Bernama) -- Mizuho Bank (Malaysia) Bhd is committed to supporting the Johor-Singapore Special Economic Zone (JS-SEZ), providing nearly US$600 million (US$1=RM4.2) in financing for clients investing in the area.

Ringgit Rises Vs US Dollar On Shutdown, Rate Cut Expectations

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit extended gains against the US dollar on Wednesday, opening higher as concerns over a potential United States government shutdown weighed on the greenback.

Malaysia's Capital Market At RM4.2 Trillion, 62 Pct Islamic -- SC

KUALA LUMPUR, Sept 30 (Bernama) -- Malaysia's capital market currently stands at RM4.2 trillion, with Islamic instruments making up around 62 per cent, said the Securities Commission (SC).