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ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

Bursa Malaysia Opens Higher On Strong Global Sentiment 

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016. 

Penang Records RM411.8 Mln Approved Manufacturing Investments From China

GEORGE TOWN, Sept 24 (Bernama) -- Penang recorded approved manufacturing investments totalling RM411.8 million from China in the first half of this year, said Chief Minister Chow Kon Yeow.

Siemens Mobility, DMIA Sign MoU For Digital Transformation Of National Railway System

KUALA LUMPUR, Sept 24 (Bernama) --  Siemens Mobility Sdn Bhd and Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) have signed a memorandum of understanding (MOU) in efforts to digitise the railway system in Malaysia and improve the country's rail services.

Malaysia And Indonesia Discuss Cooperation In MSME And Cooperative Development

PUTRAJAYA, Sept 24 (Bernama) -- Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick held discussions with his Indonesian counterpart, Minister of Cooperatives and Small and Medium Enterprises, Teten Masduki, on bilateral cooperation in cooperative development and micro, small, and medium enterprises (MSMEs).

Ringgit Jumps To 34-month High Vs US Dollar After China Unveils Stimulus Measures

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.

Budget 2025 To Maintain Balanced Approach For Economic Development -- RHB IB

KUALA LUMPUR, Sept 24 (Bernama) -- Budget 2025, to be tabled in the Dewan Rakyat on Oct 18, is expected to strike a balanced approach, combining fiscal sustainability with initiatives to drive economic development, said RHB Investment Bank (IB) Bhd.

FBM KLCI Futures End Higher, Tracking Cash Market's Performance

KUALA LUMPUR, Sept 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, in line with the performance of the underlying cash market. 

Bursa Malaysia To Review Listing Requirements In Tandem With NSRF

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking the public’s feedback on the proposed sustainability reporting enhancements to the Main Market and ACE Market Listing Requirements (LR), in line with the National Sustainability Reporting Framework (NSRF).

National Sustainability Reporting Framework Sets Reporting Standard For Companies

KUALA LUMPUR, Sept 24 (Bernama) -- The National Sustainability Reporting Framework (NSRF) will help companies to adopt globally aligned sustainability reporting standard, said Finance Minister II Datuk Seri Amir Hamzah Azizan.