1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Agreements worth over US$9 billion were signed at Biban24, Saudi Arabia’s flagship startup and small and medium-sized enterprises (SME) forum, organised by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom. (US$1=RM4.38)
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- AmBank Group foresees a slightly slower year-on-year (y-o-y) gross domestic product (GDP) growth of 5.1 per cent for Malaysia in the third quarter of 2024 (3Q2024), down from the official advance estimate of 5.3 per cent.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 11 (Bernama) -- Siemens Energy Pte Ltd and Tenaga Nasional Bhd (TNB) are exploring the integration of the national utility’s large-scale power generation plants with hydrogen.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet-producing country, particularly for supporting the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.
1y ago
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.
1y ago
CAIRO, Nov 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that the MADANI economic policy under his administration will continue to drive Malaysia's economy at ASEAN and global levels.
1y ago
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).
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).
1y ago
From M. Saraswathi
LIMA (Peru), Nov 10 (Bernama) -- The Peruvian capital city of Lima is all geared up amid tight security to host its third APEC Economic Leaders Week (AELW), a landmark event that underscores its pivotal role as the chair of the Asia-Pacific Economic Cooperation (APEC) forum this year to further liberalise trade among regional economies.
1y ago
KUCHING, Nov 9 (Bernama) -- Sarawakians have been urged to participate more actively in the capital market as a way to grow their wealth, following the outstanding achievements of the nation’s capital market this year.