Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Securities Commission Releases Updated Investor Alert List

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes. 

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.

Budget 2025: KPK Proposing Initiatives To Strengthen Oil Palm Industry

PUTRAJAYA, Sept 23 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has submitted two proposals to the Ministry of Finance to be considered for inclusion in Budget 2025, namely a revision of the windfall profit levy (WPL) on palm oil and additional allocations for palm oil replanting programmes.

BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.

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).

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.

AirAsia To Add 2,000 Weekly Flights, 150,000 Seats Across 40 Key Routes By Year-end

KUALA LUMPUR, Sept 23 (Bernama) -- AirAsia is expanding its domestic connectivity across Malaysia with the addition of 2,000 weekly flights and 150,000 seats across 40 key routes by the end of the year. 

MATRADE To Lead 150 Malaysian Organisations At CAEXPO 2024

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead 150 Malaysian organisations at the China-Asean Expo 2024 (CAEXPO) in Nanning, China, from Sept 24 to 28, 2024.

Malaysia’s Air Traffic Recovery To Hit 94 Pct In 2024 - MIDF

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s aviation passenger traffic is now forecast to recover to 94 per cent this year, a sharp increase from the modest four per cent growth initially projected, MIDF Research said.

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.