1y ago
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.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Neoteric Engineering Sdn Bhd is the grand champion in SME Bank Bhd’s Sandbox Swiss Innovation Challenge (SSSIC) 2024 open category and won RM30,000.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) – OCBC Bank has appointed George Lee Lap Wah as the chairman of OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) effective today.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has granted financing facilities totalling RM115 million to Senibong Cove Development Sdn Bhd and RM78 million to JBB Builders (M) Sdn Bhd, the appointed contractor for the reclamation of 60.7 hectares of waterfront land in Senibong Cove, Johor Bahru.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.