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Bursa Malaysia Opens Lower Amid Mixed Regional Sentiment

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened lower on Thursday amid mixed regional sentiment, as diminishing effects of China's recent monetary policy shifted investors' focus to potential fiscal stimulus measures, according to an analyst.

Malaysia Needs To Follow Laos’ Example For A More Proactive ASEAN Chairmanship - Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia should take advantage of Laos' experience as a guide to become more proactive and prepared when it assumes the ASEAN Chairmanship next year.

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

Keyfield International Unit Bags RM130.03 Mln Contracts From Petronas Carigali

KUALA LUMPUR, Sept 25 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has accepted Petronas Carigali Sdn Bhd’s eight work order awards (WOA) totalling approximately RM130.03 million.

FBM KLCI Rebounds On Late Buying To End Higher As Broader Market Falls  

By Karina Imran

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.

BUSINESSNEXT Snags 2024 Best Perks & Benefits Award From Comparably

KUALA LUMPUR, Sept 25 (Bernama) -- BUSINESSNEXT, a universe of composable enterprise solutions for banks and financial services, announced it has won the “2024 Best Perks & Benefits Award” from Comparably.

Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best

KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

AAX Issues Circular On Proposed RM6.8 Bln Acquisition For Shareholders' Review

KUALA LUMPUR, Sept 25 (Bernama) -- AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

Malaysia's Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector - Allianz

KUALA LUMPUR, Sept 25 (Bernama) – Malaysia demonstrated impressive growth in financial assets in 2023, with per capita net financial assets reaching EUR9,430 (1 EUR=RM4.6427), according to Allianz Malaysia Bhd.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

Bursa Malaysia Opens Higher On Strong Global Sentiment 

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.