Malaysia And Indonesia Renew Local Currency Bilateral Swap Agreement

JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.

FBM KLCI Futures Likely To Stay Steady Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move in tandem with the underlying cash market next week.

Bursa Malaysia Likely To Rebound Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia is expected to stage a rebound next week, driven by spillover effects from the robust rallies in both China and the United States (US) markets.

Malaysia Committed To Realising ASEAN Power Grid Initiative Next Year - Fadillah

VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.

Ringgit Set For Further Appreciation Amid Cautious Outlook On US Economic Data

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.

Malaysia’s Gaming Industry Set To Attract Investments from Japan

By Durratul Ain Ahmad Fuad

TOKYO, Sept 27 (Bernama) -- Malaysia’s gaming industry is positioned for an increase in foreign investment, especially from Japan, according to the Malaysia Digital Economy Corporation (MDEC).

Digital Economy To Meet Or Exceed Projected 25.5 Pct Contribution To GDP By End-2025 - Gobind

KUALA LUMPUR, Sept 27 (Bernama) -- As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.

CPO Futures Ends Lower As Traders Book Profit After Recent Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 27 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday, reversing some of the earlier gains, as traders booked profits amid the recent rally in price, a dealer said.

Ringgit Expected To Remain Strong, Driven By Economic Growth - Amir Hamzah

SEPANG, Sept 27 (Bernama) -- The ringgit is expected to continue strengthening, supported by the government's ongoing efforts to enhance economic activity and attract investments into the country.

BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i 

KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).

Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

Bursa Malaysia Ends Lower On Profit-taking Amid Mixed Regional Performance 

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia saw another pullback at the close on Friday, largely due to profit-taking in selected heavyweight counters amid a mixed regional performance, said an analyst.