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Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

Youth Hoping For Increase In PTPK Fund, Early Childhood Education Centers In 2025 Budget

By Afifitri Muhammad

KUALA LUMPUR, Oct 9 (Bernama) -- An increase in the Skill Development Fund Corporation (PTPK) and a rise in the number of government-supervised early childhood education centres are among the key expectations of the youth in the country for Budget 2025 to be tabled in Parliament this Oct 18.

ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

Public Bank, LPI Capital Shares To Be Suspended On Wednesday Pending Major Announcement

KUALA LUMPUR, Oct 8 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will be suspended from 9 am tomorrow, pending a major announcement, separate filings from the two companies to Bursa Malaysia said on Tuesday evening.

Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

ASEAN Govts Need To Ensure Power Grid Interconnection Becomes A Reality - Sarawak Energy

KUALA LUMPUR, Oct 8 (Bernama) -- ASEAN governments need to ensure that the interconnection of their power grids becomes a reality as there will be no energy transition without the interconnectivity in this region, said Sarawak Energy Bhd group chief executive officer Datuk Sharbini Suhaili. 

 

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.

Malaysia Seeks Collaboration With UNESCAP To Attract Investment, Green Initiatives - Tengku Zafrul

From Rosmalis Anuar

VIENTIANE, Oct 8 (Bernama) -- Malaysia is exploring opportunities for collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) to attract investment and green initiatives.

Bursa Malaysia Closes Flat With Key Index Just Managing To Stay Up

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia closed flat on Tuesday amid a mixed regional performance, with the key index just managing to stay up on late buying in selected heavyweight stocks. 

MBSB Bank Introduces New Competitive Campaign Rates For Individuals, SMEs

KUALA LUMPUR, Oct 8 (Bernama) -- MBSB Bank Bhd has announced its latest campaign rates, offering competitive financial solutions for both individual and small and medium enterprise (SME) customers.

Sidec Wins Digital Opportunity/Inclusion Award At WITSA Excellence Awards 2024

SHAH ALAM, Oct 8 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (Sidec) bags the Digital Opportunity/Inclusion Award (Public Sector) at the World Innovation, Technology and Services Alliance (WITSA) Excellence Awards 2024, held at Yerevan, Armenia, last Sunday (Oct 6).

Cisco Partners With TM, PNB To Boost AI Innovation In Malaysia

KUALA LUMPUR, Oct 8 (Bernama) -- Cisco, a global technology company, has signed collaboration agreements with Telekom Malaysia Bhd (TM) and Permodalan Nasional Bhd (PNB) under its Country Digital Acceleration (CDA) programme, aiming to drive artificial intelligence (AI) innovation in Malaysia.