1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia’s flagship corporate charity run - the Bursa Bull Charge (BBC2024) - returns for its eighth edition and continues to bring together corporate sector and capital market participants to run for a good cause.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
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 21 (Bernama) -- The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The allocation of RM470 million for financing funds aimed at supporting women-led micro, small and medium enterprises (MSMEs) will play a crucial role in assisting women entrepreneurs in securing working capital, acquiring assets, and expanding their business capacity to higher levels.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Bizapp Ventures Sdn Bhd (BIZAPP) and Selangor Menteri Besar (Incorporated) (MBI) have signed a Memorandum of Cooperation, aimed at empowering 50,000 Micro, Small, and Medium Enterprises (MSMEs) in Selangor to transition to digital operations, over the next five years.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The TikTok Shop SME Digitalisation Conference, a collaborative effort between the Selangor Smart City & Digital Economy Convention (SDEC) 2024 and TikTok Shop aims to create a robust ecosystem to support small and medium enterprises (SMEs) growth.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit is expected to remain stable next week although it may face downward pressure due to the current bullish outlook of the US dollar.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The Consumer Credit Act (CCA), to be tabled in the next parliamentary sitting, will address overlaps in responsibilities between regulatory authorities and reduce coverage gaps in the supervision of consumer credit providers, Bank Negara Malaysia (BNM) said.