Malaysia's Digital Creative Industry Thriving With Over 300 Studios, RM6.3 Bln In Revenue

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia is currently home to over 300 digital content studios, with more than 180 original intellectual properties (IPs) in animation and gaming, said Digital Minister Gobind Singh Deo.

Strong Economic Fundamentals Driving Ringgit's Growth - BNM Governor

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

UPM-NXP Collaboration To Boost Malaysia’s Competitiveness In Global Semiconductor Market

SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry. 

Sunway's Unit Acquires Freehold Land In KL For RM320 Mln

KUALA LUMPUR, Oct 2 (Bernama) -- Sunway Bhd’s wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd (VISB) to acquire a parcel of land for RM320 million in Cheras, here.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities

KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).

BNM Issues Commemorative Coins To Mark Sultan Ibrahim's Installation As 17th King

KUALA LUMPUR, Oct 2 (Bernama) -- Bank Negara Malaysia (BNM) has issued commemorative coins to mark the installation of Yang di-Pertuan Agong Sultan Ibrahim as the 17th king of Malaysia.

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

MIDF Expects Malaysia's Production Activities To Continue To Grow In Coming Months

KUALA LUMPUR, Oct 2 (Bernama) -- Despite concerns over slower factory activities, MIDF Amanah Investment Bank Bhd (MIDF) expects Malaysia’s production activities to continue to grow in the coming months. 

HLIB Expects Budget 2025 To Balance Fiscal Discipline And GDP Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.

MBAM Calls For Lower Taxes And Duties On Construction Machinery

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 2 (Bernama) – Lower taxes and duties on construction machinery, along with improved access to financing and reasonable interest rates for industry players and builders, were among the proposals put forward by the Master Builders Association Malaysia (MBAM) for Budget 2025.

IILM Reissues US$1.14 Bln Short-term Sukuk

KUALA LUMPUR, Oct 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.14 billion (US$1=RM4.1530) short-term sukuk across tenors of one, three, and 12 months, respectively.