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Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.

Bursa Malaysia In Negative Territory At Midday

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia was in negative territory at midday today, dragged down by continued selling activities led by the utilities stocks amid a lack of new catalysts, analysts said. 

Biban24 Propels Saudi Entrepreneurial Ecosystem Growth, Development

KUALA LUMPUR, Nov 11 (Bernama) -- More than 23 agreements were signed, along with several project launches valued at over 580 million Saudi riyals, on the third day of the Biban24. (100 Saudi riyals = RM117.40)

Supportive Policies, Favourable Investment Climate Attracting Chinese Companies To Malaysia -- CECCM

By Anas Abu Hassan

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia's welcoming business environment with supportive policies and favourable climate for foreign businesses are among the key factors drawing Chinese companies to establish operations in the country, according to the China Enterprises Chamber of Commerce in Malaysia (CECCM).

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. 

Foreign Investors Continue To Sell Asian Equities, Bursa Malaysia Recorded Smaller Outflow Last Week

KUALA LUMPUR, Nov 11 (Bernama) -- Foreign investors reduced their equity sell-off on Bursa Malaysia last week, resulting in a smaller outflow of RM392 million, in line with the regional trend where other markets also experienced outflows.

MyTourist Pass Launched To Ease Public Transport For Tourists

KUALA LUMPUR, Nov 10 (Bernama) — Prasarana Malaysia Bhd, through Rapid KL, today launched the MyTourist pass, specially designed to make it easier for domestic and international tourists to use public transportation in the federal capital.

Jendela Project: U Mobile Completes 78 Out Of 81 Towers - Fahmi

KUCHING, Nov 10 (Bernama) -- U Mobile Sdn Bhd has completed 78 out of 81 towers assigned to them under the National Digital Network Plan (JENDELA), according to Communications Minister Fahmi Fadzil.

Straits Mobile Investment Agrees To Reduce Shareholding In U Mobile To 20 Pct

KUALA LUMPUR, Nov 10 (Bernama) -- Straits Mobile Investment Pte Ltd, a wholly owned unit of Singapore-headquartered ST Telemedia, has agreed to the strategic alignment of its shareholding ownership in U Mobile to 20 per cent from 49 per cent, thus increasing U Mobile’s Malaysian ownership.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

Bursa Malaysia Closes Marginally Lower Amid Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia closed marginally lower on the final trading day of the week, weighed by profit-taking amid cautious sentiment after Donald Trump’s US election victory.

Agreements Worth Over 1.35 Bln Saudi Riyals Signed On Day Two Of Biban 2024

KUALA LUMPUR, Nov 8 (Bernama) -- The second day of the Biban24 forum saw 20 agreements worth more than 1.35 billion Saudi riyals signed. (100 Saudi riyals = RM116.88)