Stronger Ringgit Boosts Consumer, REITs And Plantation Sectors On Bursa Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.

Regulators Need To Engage By Listening And Experimenting When Innovating - SC

KUALA LUMPUR, Oct 1 (Bernama) -- Regulators need to continuously listen to feedback from various parties as part of their engagement when incorporating innovation.

Finance Professionals Urged To Address Wage Inequality For Sustainable Business Practices

KUALA LUMPUR, Oct 1 (Bernama) -- Finance and accountancy professionals must confront wage inequality and take a leading role in promoting sustainable business practices, according to a report published by ACCA Global, Shift, and Forvis Mazars.

Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Gold Futures End Lower As Investors Prepare For Data-heavy Week

KUALA LUMPUR, Sept 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued its downtrend on Monday as investors prepare for a week filled with important data.

Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

Felda To Foster Connections Between Malaysian And Indonesian Businesses

JAKARTA, Sept 30 (Bernama) -- The Federal Land Development Authority (Felda) is poised to connect Malaysian companies, particularly its business units, with firms in the Indonesian Chamber of Entrepreneurs (KEIND) to explore new opportunities in both countries and internationally.

Malaysia Stands Out In Recruitment Activity Reporting Strong Momentum

KUALA LUMPUR, Sept 30 (Bernama) -- Bossjob recently announced a significant milestone in the Malaysian market, achieving double growth in both jobseeker registrations and employer sign-ups.

Rubber Market Ends Higher, Tracking Trends In Regional Futures Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.

National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.