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Malaysia's Trade Records 10.2 Pct Jump, Exceeds RM2 Trillion Mark In First Nine Months Of 2024

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).

Ringgit Opens Marginally Higher versus US Dollar, Traders Await Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.

Continuity Of Mega Projects To Drive Economic Growth, Job Creation -- Experts

By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.

ASEAN Countries Actively Working On Promoting Collaboration In Halal Sector - MITI

KUALA LUMPUR, Oct 17 (Bernama) -- Several efforts involving cooperation between ASEAN countries are being implemented to promote halal-related products and services, according to the Ministry of Investment, Trade and Industry (MITI).

EY: Central Bank Policies, Geopolitics To Impact Global IPO Market For Rest Of 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY). 

BuildXpo 2024 Partners With Gamuda To Showcase Sustainable Construction

KUALA LUMPUR, Oct 17 (Bernama) -- Qube Integrated Malaysia Sdn Bhd (QUBE) has named Gamuda Bhd as a Platinum Sponsor for the Malaysia International Building and Construction Industry Showcase 2024 (BuildXpo 2024), which will take place from Oct 22 to 24 at the Malaysia International Trade and Exhibition Centre (MITEC), here.

Cebu Pacific Set For Robust Growth In 2025, Buoyed By Lower Fuel Costs, Strategic Expansion

By Kisho Kumari Sucedaram

MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.

Federal Govt's Debt Growth Expected To Decrease To 7.5 Pct At End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).

Malaysia, The Key Gateway For Taiwan's Exports To Asian Countries

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia serves as a key gateway for Taiwan's exports to Asian countries due to the many parallels in their development journeys, said Kaohsiung Deputy Mayor Charles Lin.

Sime Darby to Enhance ROE, Plans Strategic Growth for FY2025

KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).

Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

Kioxia’s Latest XD8 Series Intended For Cloud, Hyperscale Environments

KUALA LUMPUR, Oct 16 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has announced the availability of its new KIOXIA XD8 Series PCIe 5.0 Enterprise and Datacenter Standard Form Factor (EDSFF) E1.S solid-state drives (SSDs).