Malaysia's Billionaire Class To Grow 39 Pct By 2031

KUALA LUMPUR, April 28 (Bernama) -- Malaysia’s billionaire population is set to grow 39 per cent by 2031, according to Knight Frank’s flagship publication, The Wealth Report. 

Political Stability Crucial In Facing Economic Challenges - Johari

KUALA LUMPUR, April 28 (Bernama) -- Political stability is crucial for any country or economy to overcome mounting economic challenges amid global uncertainty, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Malaysia Submits Explanation On Issues Highlighted Under US Trade Act Of 1974

KUALA LUMPUR, April 28 (Bernama) -- Malaysia has submitted an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among the issues being investigated under Section 301(b) of the US Trade Act of 1974.

Malakoff Unit Issues RM450 Million SRI Sukuk Murabahah

KUALA LUMPUR, April 28 (Bernama) -- Malakoff Corporation Bhd’s wholly-owned subsidiary, Malakoff Power Bhd (MPower), has issued a RM450 million sustainable and responsible investment (SRI) Sukuk Murabahah under its RM1.2 billion Islamic Medium-Term Notes Programme (IMTN Programme).

KLCI Futures Open Lower

KUALA LUMPUR, April 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today, moving in contrast to the cash market.

Bursa Malaysia Opens Higher On Sustained Appetite For Technology, Utilities Counters

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.

Ringgit Mostly Higher Against Major, Asian Currencies

KUALA LUMPUR, April 28 (Bernama) -- The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.

Early Intervention Cushions Malaysia Against West Asia Shock

By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren

KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.

MIDA Partners With HLB Islamic To Strengthen SME Entrepreneurs In Northern Region

SUNGAI PETANI, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Hong Leong Islamic Bank Bhd (HLB Islamic) today organised a special forum to strengthen the ecosystem and access of small and medium enterprise (SME) entrepreneurs in the Northern Region.

Malaysia, Türkiye Stengthen Education Partnership, Explore Potential Of Halal Sector

KUALA LUMPUR, April 27 (Bernama) --  Malaysia and Türkiye are committed to strengthening cooperation in education development, including expanding access and improving the quality of education through collaborations between institutions in both countries.

Malaysia Seeks To Build AI Capabilities, Compete Globally -- PM Anwar

KUALA LUMPUR, April 27 (Bernama) --  Malaysia will not remain merely a user of artificial intelligence (AI), but will collaborate with partners to build capabilities and compete with confidence in the global digital economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Gold Futures Close Higher Amid Safe-Haven Demand

KUALA LUMPUR, April 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, bucking the weaker performance on the US COMEX market, amid continued safe-haven demand.