Repatriate Foreign Investment Income, Without Selling Overseas Assets -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The government's concerted measure to encourage government-linked companies (GLCs), government-linked investment companies (GLICs) and corporates to consistently repatriate foreign investment income and convert them into ringgit does not involve the sale of assets and their investments abroad.

Malaysia Poised To Become ASEAN's Regional Hub For EV Manufacturing -- Liew Chin Tong

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Bursa Malaysia Ends Marginally Lower On Last-minute Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.

Malaysia's IPO Surge Reflects Investor Confidence In Local Bourse

KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

Bursa Malaysia Stays Higher At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.

Natural Rubber Production Eases 13.9 Pct To 30,929 Tonnes In September - DOSM

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).

Ringgit Ends Lower Against US Dollar AS Investors Turn Cautious

By Anas Abu Hassan

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

Ambank Foresees Slightly Slower 3Q GDP Growth At 5.1 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- AmBank Group foresees a slightly slower year-on-year (y-o-y)  gross domestic product (GDP) growth of 5.1 per cent for Malaysia in the third quarter of 2024 (3Q2024), down from the official advance estimate of 5.3 per cent.

Analysts Expect Maxis To Continue Positive Momentum

KUALA LUMPUR, Nov 11 (Bernama) -- Maxis Bhd’s earnings performance is commendable despite the rather saturated market view with regards to competitive pricing, quota and speed offerings, said MIDF Amanah Investment Bank Bhd.

Bursa Malaysia Opens Higher Tracking Wall Street

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst. 

Folk Dances, Rhythmic Beats Add Vibrant Colour To Peru's Hosting Of APEC For Third Time

LIMA (Peru), Nov 11 (Bernama) -- Folk dancers, adorned in vibrant costumes and brimming with energy, brought an added splash of colour and spirit to celebrate the Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW) from Nov 14-16, 2024, in the South American nation’s capital city.