BNM International Reserves End 2024 Higher At US$116.2 Bln Y-O-Y

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).

Bursa Malaysia Closes Lower In Sync With Regional Peers, CI Hits Intraday Low

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Jan 8 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

AWS's Infrastructure Region In Thailand To Support Digital Transformation, AI Growth

KUALA LUMPUR, Jan 8 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, has launched the AWS Asia Pacific (Thailand) Region, providing developers, enterprises, and organisations with enhanced options for running their applications from data centres within Thailand.

Rampant Fraudulent Activities Can Destroy Company's Hard-earned Wealth, Says Author, Ex-chartered Accountant

KUALA LUMPUR, Jan 8 (Bernama) -- A former chartered accountant with extensive service in the private sector has warned that the hard-earned wealth of a company can be destroyed by rampant fraudulent activities committed by sheer dishonest people.

Bursa Malaysia Ends Midday Lower Amidst Mixed Regional Sentiment

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia closed the midday session lower due to continuous selling in selected heavyweights and small-caps stocks amidst mixed sentiment in regional peers.

JS-SEZ Can Drive Johor To Become Southern Growth Engine For Economy -- Analysts

KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Opens Lower In Line With Weaker Wall Street

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia reversed its gains yesterday to open slightly easier this morning, influenced by Wall Street's weaker overnight performance, according to an analyst.

JS-SEZ To Drive Greater Economic Integration, Create More Jobs -- Maybank 

KUALA LUMPUR, Jan 7 (Bernama) -- The signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreements will drive greater economic integration, catalysing growth and promoting greater economic participation between the two countries.

FBM KLCI Rebounds On Bargain Hunting In Line With Regional Peers, Wall Street

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday’s losses to close higher Tuesday, driven by bargain-hunting amidst the positive momentum on Wall Street overnight and most regional markets.

Kerjaya Prospek's RM4.2 Bln Current Orders Ensure 3-Year Workload - Kenanga IB

KUALA LUMPUR, Jan 7 (Bernama) -- Kerjaya Prospek Group Bhd’s current outstanding order book of RM4.2 billion will keep them busy for the next three years, said Kenanga Investment Bank Bhd (Kenanga IB).

Online Scams Can Derail Malaysia’s Reputation As Safe Business Jurisdiction

By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.