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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. 

Global Commercialisation Strategies Set To Boost Malaysian Tech Startups, Scaleups -- MDEC

From Nurunnasihah Ahmad Rashid

DUBAI, Oct 16 (Bernama) -- Malaysia’s focus on global commercialisation strategies is set to drive significant economic impact for local tech startups and scaleups, particularly as the nation positions itself as the digital gateway to ASEAN.

Kuala Lumpur Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- The Kuala Lumpur rubber market closed mixed amid weaker advice from the regional rubber futures markets.

Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew

By Zarul Effendi Razali

HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

SC Plays Active Role In ASEAN Taxonomy - Chairman

KUALA LUMPUR, Oct 16 (Bernama) -- The Securities Commission of Malaysia (SC) has actively contributed to the ASEAN Taxonomy through the ASEAN Taxonomy Board, which includes central banks, securities regulators and insurance regulators.

MIDA, MTUN Deal To Boost Highly-skilled Workforce

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Technical Universities Network (MTUN) today formalised a collaboration to bolster Malaysia’s high-skilled workforce through the signing of a Memorandum of Understanding (MoU).

NCER Records RM48.25 Bln Realised Investments In First 9 Months Of 2024 - Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The Northern Corridor Economic Region (NCER) has successfully realised RM48.25 billion in investments during January to September this year, a 60 per cent growth compared to the same period last year, Prime Minister Datuk Seri Anwar Ibrahim said.

Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

OPR Decision Will Continue to Be Driven by Domestic Factors - Amir Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Up Vs USD On Trump's Tariff Hike Plan

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.

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.