Tan Sri Wan Zulkiflee Steps Down From Malaysia Aviation Group Chairmanship
KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia Aviation Group (MAG) said group chairman Tan Sri Wan Zulkiflee Wan Ariffin has relinquished his position effective today.
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Kenanga Maintains 2024 Export Growth Forecast At 7.3 Pct despite Rising Downside Risks
KUALA LUMPUR, Sept 20 (Bernama) -- Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.
Bursa Malaysia Ends Morning Session Higher
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight.
Taobao's Beta English Interface Major Commitment To e-Commerce Market In Malaysia
By Puti Iylia Maisarah
KUALA LUMPUR, Sept 20 (Bernama) -- Taobao has made a major commitment to the Malaysian e-commerce market by launching a beta English interface aimed at improving accessibility and convenience for consumers, focused on localising its features.
Energy Commission To Issue Guidelines As Regulatory Framework For CRESS - PETRA
KUALA LUMPUR, Sept 20 (Bernama) -- The Energy Commission will issue guidelines as a regulatory framework for industry players and stakeholders interested in participating in the Corporate Renewable Energy Supply Scheme (CRESS), said the Ministry of Energy Transition and Natural Resources (PETRA).
Ringgit Retreats Against US Dollar In Early Trade
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.
Sulaiman Mahbob: Steering MIDA Through Economic Crossroads
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.
Robust 1H 2024 Domestic Investments Show Country Not Dependent On Foreign Investments -- MIER
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s RM160 billion approved investments in the first half of 2024 (1H 2024), comprising RM85.4 billion in domestic investments (DI) and RM74.6 billion in foreign investments (FI), showed that the country is not overly dependent on FI to stimulate its economy.
Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point.
Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan
CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
RHB IB Lifts 2024 TIV Forecast To 790,000 Units
KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.
Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).