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CT Semiconductor Launches ATP Chip Semiconductor Chip Technician Training Center In Vietnam

KUALA LUMPUR, Oct 3 (Bernama) -- CT Semiconductor, a member of CT Group, has officially inaugurated and commenced operations of its ATP Semiconductor Chip Technician Training Center at the National Innovation Center (NIC) in Hoa Lac High-Tech Park, Hanoi, Vietnam, on Oct 1.

Cebu Pacific Welcomes Discussions On Local Aircraft Component Maintenance Business

From Kisho Kumari Sucedaram

MANILA, Oct 3 (Bernama) -- With the pressing demand for more efficient and localised aircraft maintenance services, Cebu Pacific, a low-cost carrier in the Philippines, is inviting discussions to establish a local aircraft component maintenance business within Asia’s rapidly expanding aviation sector.

Airbnb Hopes Govt Supports, Endorses STRA Guidelines In Budget 2025

KUALA LUMPUR, Oct 3 (Bernama) -- Airbnb hopes that the government will support and endorse the national short-term rental accommodation (STRA) guidelines and recognise the potential of the sharing economy in the hospitality sector in Budget 2025. 

Domestic Financial Markets Remain Resilient Amid Global Volatility - BNM

KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).

AMRO Lowers ASEAN+3 Growth Forecast For 2024 To 4.2 Pct

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring most of the regional markets, as sentiment remained cautious due to the Middle East tensions, said an analyst.

Producer Price Index Eases By 1.9 Pct In 2023 - DoSM

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).

Philippines Actively Exploring Joint Venture Opportunities For Airport Development 

From Kisho Kumari

MANILA, Oct 3 (Bernama) -- Philippines is actively exploring joint venture opportunities for the country’s airport development. 

Fiscal Deficit Projected To Fall To 3.8 Pct Of GDP In 2025 -- CIMB Securities

KUALA LUMPUR, Oct 3 (Bernama) -- CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).

Budget 2025: Hoteliers Urge Govt To Address Low Room Rates Despite Rising Operational Costs

KUALA LUMPUR, Oct 3 (Bernama) -- The hotel industry is calling on the government to address persistently low room rates and rising operational costs for the upcoming Budget 2025 to be tabled on Oct 18.

Bursa Malaysia Rebounds To Open Higher

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia staged a rebound from yesterday's losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.