Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout

KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.

Malaysia's Removal From US Currency Watch List Affirms Ringgit's Market-driven Status - BNM Governor

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.

Bursa Malaysia Pares Gains To Head Lower At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.

Govt To Ensure Corridor Authorities' Role Do Not Overlap

KUALA LUMPUR, Nov 14 (Bernama) -- The government will ensure that the economic corridor authorities (PBK) fulfil their role as outlined, without overlapping with the responsibilities of other agencies, said Economy Minister Rafizi Ramli.

KUSKOP, QSB Can Work Together To Develop SMEs In Sabah - Ewon

KOTA KINABALU, Nov 14 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) and Qhazanah Sabah Bhd (QSB) have the potential to work together to foster the development of small and medium enterprises (SMEs) in Sabah.

Northern Trust Expands APAC Presence With First Institutional Client In Fiji

KUALA LUMPUR, Nov 14 (Bernama) -- Northern Trust has been selected to provide custody services for Fiji’s sole compulsory superannuation fund, the Fiji National Provident Fund (FNPF).

Bank Muamalat, CGC Launch First 'Halal Portfolio Guarantee-i Scheme' To Support SMEs

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Muamalat Malaysia Bhd has launched the first “Halal Portfolio Guarantee-i Scheme” in collaboration with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide a robust financial safety net for small and medium enterprises (SMEs) in Malaysia.

Voxela Secures Funding To Accelerate Global Expansion Of AI-powered Care Management Solution

KUALA LUMPUR, Nov 13 (Bernama) -- Voxela Inc (Voxela), which created the artificial intelligence (AI) care management system Voxela VCare, has completed its pre-Series A funding round.

Wiki Impact: Bursa's Top 20 Companies Donated RM381.81 Mln In 2023

KUALA LUMPUR, Nov 13 (Bernama) -- The top 20 Bursa Malaysia companies donated RM381.81 million in cash in 2023, according to Wiki Impact’s “Bursa Top 20: Who’s The Most Charitable?” report.

Daim Zainuddin A Loyal Businessman, Politician

KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.

Ringgit Extends Fall Against Greenback Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.

Bank Islam, PMB Investment Forge Strategic Alliance To Expand Shariah-Compliant Investment Opportunities

KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.