PIVB Maintains 'Outperform' Rating On AAX

KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).

KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector

KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.

Govt Outlines 11 Potential Sectors For Bumiputera Including HGHV Industries

KUALA LUMPUR, Oct 24 (Bernama) -- The government has outlined 11 potential sectors to be capitalised by the bumiputera community, including high-growth, high-value (HGHV) industries.

Iskandar Malaysia secures RM40.3 Bln Committed Investments From Jan-Sept 2024 - Anwar

KUALA LUMPUR, Oct 24 (Bernama) -- Iskandar Malaysia has recorded committed investments of RM40.3 billion from January to September 2024, with realised investments reaching RM22.5 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

MIDF Amanah Trims Inflation Forecast Down To 2.0 Pct In 2024

KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

Malaysia Committed To Creating G2G Mechanism With China In Support Of Steel Industry

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia is committed to working with China to establish a government-to-government (G2G) mechanism for capacity management and technology sharing within the steel industry.

JBIC Committed To Support MITI In Attracting High-quality Investment From Japan - Tengku Zafrul

KUALA LUMPUR, Oct 24 (Bernama) -- The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry (MITI) in attracting high-quality investment from Japan, particularly in the sustainable energy sector and high-tech industrial development.

Steady Growth And Political Stability Paving The Way For Critical Reforms -- Morgan Stanley

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s recent stability and steady growth are paving the way for the government to implement critical reforms, including the overhaul of costly fuel and power subsidies, said Morgan Stanley Investment Management.

Capital A Could Benefit From Favourable Factors As It Undergoes Restructuring - PIVB

KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).

Govt To Prioritise Ringgit Use In International Settlements – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.

Anwar's Russia Visit Expands Malaysia's Geo-economic Reach, Global Cooperation – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia marked a strategic effort by the Madani Government to bolster Malaysia-Russia relations, broaden Malaysia’s geo-economic influence, and elevate its global economic standing.