Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.

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.

New Regulatory Framework On CCUS Aims To Make Malaysia A Global Hub - Rafizi

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia plans to introduce a robust regulatory framework in parliament by November with the aim of establishing Malaysia as a global carbon capture, utilisation and storage (CCUS) hub, said Minister of Economy Mohd Rafizi Ramli. 

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.

IATA's Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050

KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon.

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016. 

Bursa Malaysia Ends Higher As China's Stimulus Measures Lift Regional Sentiment  

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia closed higher on Tuesday, driven by a positive Wall Street performance overnight and after China announced a stimulus package to jumpstart its struggling economy, sparking a rally in regional and global shares.

MAPIM Calls For Cross-political Support To Revitalise, Propel Economy

KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.

Kluang To Become Johor's Logistics Hub

JOHOR BAHRU, Sept 24 (Bernama) -- Kluang will become Johor’s logistics hub following the development of several infrastructure projects such as the Gemas-Johor Bahru Electrified Double Track project (Gemas-JB EDTP), the PLUS highway expansion and federal road upgrading works which will improve the district's connectivity.

Affin Bank Upbeat On Malaysian Economy Amidst Low Global Recession Possibility

GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.