RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

Influx Of Multinational Companies Boosts Kuala Lumpur’s Office Market Competitiveness - Knight Frank  

KUALA LUMPUR, Nov 4 (Bernama) -- The influx of multinational companies seeking regional headquarters in Kuala Lumpur (KL) is contributing to a more competitive office landscape, according to Knight Frank. 

BMI Revises Malaysia’s Health Expenditure Growth Forecast To 8.7 Pct

KUALA LUMPUR, Nov 1 (Bernama) -- BMI, a Fitch Solutions company, has revised its forecast for Malaysia’s health expenditure growth to 8.7 per cent per year from 2023 to 2028, up from its previous forecast of 8.3 per cent.

FBM KLCI Falls Below 1,600, Set To Attract Bargain Hunters

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.

Petros To Allocate RM40 Bln For Capex Over The Next Five Years -- Chairman

KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.

FGV Holdings To Loan RM260 Mln To Subsidiary For Capital Expenditure

KUALA LUMPUR, Oct 30 (Bernama) -- FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.

IGB Proposes RM5 Bln Medium-term Notes Programme

KUALA LUMPUR, Oct 30 (Bernama) -- IGB Bhd has proposed to establish a medium-term notes (MTN) programme of RM5 billion in nominal value.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.