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BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i 

KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).

Bursa Malaysia Ends Lower On Profit-taking Amid Mixed Regional Performance 

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia saw another pullback at the close on Friday, largely due to profit-taking in selected heavyweight counters amid a mixed regional performance, said an analyst. 

TikTok Shop Records 2.2 Times Sales Growth In 1H 2024

KUALA LUMPUR, Sept 27 (Bernama) -- TikTok Shop saw a 2.2 times growth in sales, a 1.8 times increase in sellers, and a 1.8 times rise in affiliate creators year-over-year in the first half (1H) of 2024.

MIBS 2024 Targets Transactions Worth RM10 Mln, 25 MoUs To Be Signed

 KUALA LUMPUR, Sept 27 (Bernama) -- The 19th Malaysia International Branding Showcase (MIBS) 2024 targets to achieve RM10 million in transaction value, while fostering significant international business collaborations.

Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Bursa Malaysia Opens Lower, Bucking Wall Street's Gains 

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia opened lower on Friday due to a lack of fresh catalysts, bucking overnight Wall Street gains on strong US economic data, said an analyst.

Malaysia’s Digital Gaming Content Exports Expected To Show Significant Potential In 2024

By Durratul Ain Ahmad Fuad

TOKYO, Sept 26 (Bernama) -- Malaysia's digital gaming content exports are expected to show significant potential this year, with Japan emerging as a key market, amid global projections of the gaming industry reaching US$187.7 billion in 2024. 

Bursa Malaysia Ends Marginally Lower On Profit-taking, Bucking Regional Trend

By Karina Imran

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia closed marginally lower on Thursday on profit-taking after previous strong gains, bucking the regional trend, an analyst said. 

Malaysian Consumers More Receptive To Exaggerate On Loan Applications, Study Finds

KUALA LUMPUR, Sept 26 (Bernama) -- Global analytics software leader FICO in its latest global consumer fraud research, revealed the alarming attitudes toward first-party financial fraud both in the Malaysian market and globally.

Entermind On A Quest To Provide Generation Alpha With Gen AI Space

KUALA LUMPUR, Sept 26 (Bernama) -- Entermind, a Singapore-based generative artificial intelligence (Gen AI) start-up, has secured US$20,000 in seed funding commitment. (US$1=RM4.13)

Profit-taking Pressures Bursa Malaysia Into Afternoon Decline

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia's downward trend persisted into mid-afternoon, driven by ongoing profit-taking in select heavyweights, especially in the utilities sector.

Toshiba's Third-Generation 1200V Products To Reduce Power Loss In Industrial Equipment

KUALA LUMPUR, Sept 26 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has added the “TRSxxx120Hx Series” of 1200 volt (V) products to its lineup of third-generation silicon carbide (SiC) Schottky barrier diodes (SBD) for industrial equipment, such as photovoltaic inverters, electric vehicle (EV) charging stations and switching power supplies.