1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia opened lower today, in line with weaker sentiment on the regional bourses due to emerging concerns over Middle East geopolitical tensions, according to an analyst.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.
1y ago
SHAH ALAM, Oct 1 (Bernama) – Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly higher on Tuesday amidst geopolitical risks in the Middle East and hawkish remarks from Federal Reserve chairman Jerome Powell regarding potential interest rate cuts.
1y ago
PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bank Negara Malaysia (BNM) had imposed an Administrative Monetary Penalty (AMP) of RM660,000 on Bank Pertanian Malaysia Berhad (Agrobank) for non-compliance with the Development Financial Institutions Act 2002 (DFIA).
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The Tokyo Game Show (TGS 2024), held from Sept 26-29 at Makuhari Messe in Chiba, Japan, attracted 274,739 participants, up from 243,238 in 2023.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that Malaysia will forge partnerships with industry leaders and enhance cooperation among stakeholders to position itself as a leading artificial intelligence (AI)-driven nation in ASEAN.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today attended Google's groundbreaking ceremony for its US$2 billion (US$1 = RM4.12) data centre and cloud region in Malaysia, held at the inaugural “Mantap Malaysia Bersama AI” event.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.