Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.

FBM KLCI Futures End Lower, Tracking Cash Market's Performance

KUALA LUMPUR, Sept 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, in line with the performance of the underlying cash market. 

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

Bursa Malaysia Ends Easier Amid Consolidation Mode   

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst. 

LYB Starts Constructions Of Advanced Recycling Plant In Germany

KUALA LUMPUR, Sept 23 (Bernama) -- LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.

Rubber Market Ends Lower In Line With Regional Declines

KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market closed lower today, tracking declines in regional rubber futures markets, amid concerns over a slowing Chinese economy and rising tensions in the Middle East.

PropertyGuru Hopes Govt Will Continue Focus On Affordable Housing In Budget 2025

KUALA LUMPUR, Sept 23 (Bernama) -- PropertyGuru and iProperty have expressed hope Budget 2025 will continue to focus on housing initiatives aimed at underserved communities, including the low-to-middle income segment.

Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).

Bursa Malaysia Ends Morning Session Lower

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights, said an analyst. 

Malaysia's August Inflation Eases To 1.9 Pct - DoSM

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.