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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.

Short-term Rates Set To Remain Stable Next Week On Bnm's Operations

KUALA LUMPUR, Sept 28 (Bernama) -- Short-term interbank rates are expected to remain stable next week on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

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.

KLIBOR Futures Likely To Remain Muted Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is likely to stay muted next week. 

Gold Futures To Trade In Consolidation Mode Next Week

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. 

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.

CPO Futures Likely To Trade Sideways Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week, as traders are searching for market factors due to the coming Golden Week holidays in China, a dealer said.

Bintai Kinden Proposes Regularisation Plan To Exit PN17 Status

KUALA LUMPUR, Sept 27 (Bernama) — Bintai Kinden Corporation Bhd (BKCB) has announced a proposed regularisation plan to exit its Practice Note 17 (PN17) status and ensure long-term sustainability.

Japan's Bandai Namco Aims To Collaborate With Malaysian Game Developers

By DURRATUL AIN AHMAD FUAD

TOKYO, Sept 27 (Bernama) -- Japanese video game publisher Bandai Namco aims to collaborate with Malaysian game developers.

Bank Islam Unveils Mastercard Inspire Credit Card-i

SHAH ALAM, Sept 27 (Bernama) -- Bank Islam Malaysia Bhd has launched the Mastercard Inspire Credit Card-i, a new shariah-compliant credit card designed for young professionals.

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).

Labuan To Embrace Vertical Farming To Boost Agro Sector, Food Security - KPKM

LABUAN, Sept 27 (Bernama) -- The Agriculture and Food Security Ministry (KPKM) is calling for Labuan to adopt vertical farming as a strategy to bolster its agricultural sector and address the ongoing food supply shortage.