KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 30 (Bernama) -- Introducing competitive green bonds, tax breaks or rebates in the upcoming Budget 2025 may encourage companies, including telecommunication companies, to transition into renewable energy (RE) in their operations.
KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 29 (Bernama) – Steel manufacturer Mycron Steel Bhd, which just signed a memorandum of understanding (MoU) with Japan’s JFE Steel Corporation to drive green solutions in Malaysia, has called for public-private partnerships to be prioritised in Budget 2025 to help Malaysia achieve carbon neutrality by 2050.
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
From Hasnah Jusid
BEIJING, Sept 28 (Bernama) -- ZTE (Malaysia) Corporation, a communication technology company, and U Mobile, a mobile data service provider, have today signed a memorandum of understanding (MoU) to develop intelligent agriculture applications and implement effective deployment solutions.
KUALA LUMPUR, Sept 28 (Bernama) -- U Mobile and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have inked a memorandum of understanding (MoU) to explore and promote the adoption and commercialisation of 5G-powered applications, solutions and intelligent services for Malaysian businesses, collectively known as X2B.
KUALA LUMPUR, Sept 28 (Bernama) -- An allocation of RM403.7 billion is expected for Budget 2025, comprising RM305.7 billion and RM97.9 billion for operating and development expenditures, respectively, according to TA Securities Holdings Bhd.
KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.
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.
