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Ringgit Retreats On Profit-taking As Hopes For Another Oversized US Interest Rate Cut Fade

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

MIDF Research Expects Malaysia's Positive Economic Growth Momentum To Sustain

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024. 

Budget 2025 Set To See Substantial Increase In Allocations On Solid Economic Growth - Economist

PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng. 

Maritime Industry Seeks Budget 2025 Incentives For Growth And Decarbonisation

KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.

FBM KLCI Futures Mixed At Opening

KUALA LUMPUR, Oct 1 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures traded mixed on Tuesday’s opening.

Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

Astro Malaysia Net Profit Soars 132.3 Pct To RM54.71 Mln In Second Quarter

KUALA LUMPUR, Sept 30 (Bernama) -- Astro Malaysia Holdings Bhd's net profit soared by 132.3 per cent to RM54.71 million in the second quarter ended July 31, 2024 (2Q 2025) from RM23.65 million a year ago.

Rubber Market Ends Higher, Tracking Trends In Regional Futures Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.

Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.

MAVCOM Reports 32 Pct Drop In Complaints For 1H2024

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.