MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains

KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.

Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF

KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.

EY: Central Bank Policies, Geopolitics To Impact Global IPO Market For Rest Of 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY). 

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. 

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.

MTA Unveils Maqasid Shariah Scorecard To Enhance Impact, Sustainability Of Takaful Industry

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability. 

Several ASEAN Countries Also Interested In Joining BRICS -- PM Anwar

KUALA LUMPUR, Oct 15 (Bernama) -- Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of the economic bloc, said Prime Minister Datuk Seri Anwar Ibrahim.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

ASEAN+3 Faces Challenges From Inflation Resurgence And Geopolitical Uncertainty -- AMRO

SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.

OPR Likely To Be Unchanged; Ringgit Forecast At 4.25 vs USD Year-end - Kenanga

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).