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Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Auditor-General: 3,942 Projects Under 12MP In Progress As Of August 26

KUALA LUMPUR, Oct 14 (Bernama) -- A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General.

Bursa Malaysia Opens Higher On Wall Street Cues

By Rosemarie Khoo

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.

Budget 2025 Takes Into Account Proposals From Industries, The People

PUTRAJAYA, Oct 13 (Bernama) -- Budget 2025 will take into account the views and recommendations of various parties, industries, and citizens across all walks of life which had been put forth during the various engagement sessions held nationwide. 

Banking Industry Seeks Well-balanced Strategic Initiatives In Budget 2025 - RHB

KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.

Bursa Malaysia Likely To Trade On Cautious Mode Amid Budget 2025 Tabling Next Week

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia is expected to trade with caution within the 1,630-1,650 range next week with the tabling of Budget 2025 on Oct 18, said an analyst. 

Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

Malaysia Committed To Exploring New Business Opportunities In Laos

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 11 (Bernama) -- Malaysia is committed to exploring new business opportunities in Laos that could benefit both countries and is looking forward to enhancing bilateral cooperation, Prime Minister Datuk Seri Anwar Ibrahim said.

Former Maybank CEO Amirsham Is Alliance Bank's New Chairman

KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

Inkia Energy Secures Environmental Approval For Solar Power Plant Expansion In Peru

KUALA LUMPUR, Oct 11 (Bernama) -- Inkia Energy, through its wholly-owned subsidiary Kallpa, has received environmental approval for the expansion of its solar power plant currently under construction in Southern Peru, a global solar resource hub.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.