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Madani Government Restores Investor Confidence Through Anti-corruption Efforts - Pm Anwar

KUALA LUMPUR, Oct 5 (Bernama)-- The MADANI government's commitment to combating endemic corruption has significantly restored confidence among domestic and foreign investors, leading to increased new investments.

Anwar: Budget 2025 To Address Inflation, Boost Wages

KUALA LUMPUR, Oct 5 (Bernama) -- The MADANI government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

Malaysia Semiconductor Recruitment Day 2024 Connects Job Seekers With Over 25 Companies

KUALA LUMPUR, Oct 4 (Bernama) -- More than 25 prominent companies are participating in the Malaysia Semiconductor Recruitment Day 2024 which kicked off here today, with over 2,000 graduates registered for the two-day event aimed at connecting job seekers with top industry players.

Pestech Proposes Restricted Share Issuance To Dhaya Maju Worth RM160 Mln

KUALA LUMPUR, Oct 4 (Bernama) -- Pestech International Bhd (Pestech) has entered into a conditional subscription agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed restricted issuance of the company's shares worth RM160 million.

Malaysian, Indonesia Lead In Islamic Public Finance Innovations

JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).

Ringgit Reverses Recent Losses To Close Slightly Higher Vs US Dollar

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses.

PMB Investment Appoints Mohd Izwan Izuddin As Chairman

KUALA LUMPUR, Oct 4 (Bernama) -- PMB Investment Bhd, an Islamic fund management company under Pelaburan Mara Bhd, has appointed Datuk Mohd Idzwan Izuddin Ab Rahman as its chairman for a two-year term, effective Sept 30, 2024.

Resilient Cash Flow Amid GN3 Status, Says MMAG Director

SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.

Malaysia's Semiconductor Industry Must Diversify To Sustain Global Position

KUALA LUMPUR, Oct 4 (Bernama) —  Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.

Bursa Malaysia Suspends Short Selling In Pertama Digital To Oct 7

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia has suspended short selling in Pertama Digital Bhd’s shares to Monday, Oct 7, 2024, at 8.30 am.