1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.
1y ago
KUALA LUMPUR, Oct 28 (Bernama) -- Meta Bright Group Bhd's (MBGB) subsidiaries, Expogaya Sdn Bhd (EXPO) and Jesselton Concrete Sdn Bhd (Jesselton Concrete) have secured banking facilities totalling RM43.85 million from Hong Leong Bank Bhd (HLB) to boost the company’s concrete business segment growth.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved RM1.59 billion in financing guarantees as of Sept 30 2024 for micro, small and medium enterprises (MSMEs) in the green economy, high technology and halal fields from a RM20 billion guarantee fund allocation.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia closed lower for the third consecutive day, mirroring the subdued performance of the United States (US) stock indices following a day of mixed trading, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The Budget 2025 is expected to maintain a balance between fostering economic growth and strengthening the currency, said RHB Asset Management Sdn Bhd (RHBAM).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s RON 95 subsidiy rationalisation plan will drive Malaysia’s fiscal consolidation, however, the subsidy cost will face some upside risks if oil prices rise, according to Standard Chartered (Stanchart).
1y ago
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.