LATEST NEWS   The RM5 billion microfinancing facility announced today is separate from the RM5 billion Special SME Assistance Facility by BNM as well as the RM5 billion under the SJPP - MoF | The MADANI Government is providing micro-financing facilities totalling over RM5 billion in 2026, expected to benefit over 400,000 micro-entrepreneurs, with loans of up to RM100,000 - MoF | At 6 pm, the ringgit depreciated to 3.9300/9330 against the greenback from 3.9285/9325 at Wednesday’s close. | 

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Enlit Asia 2024 Urges ASEAN To Unite, Embrace Digitalisation, Drive Innovation

KUALA LUMPUR, Oct 11 (Bernama) -- The just-concluded three-day Enlit Asia 2024 has called on ASEAN to unite, embrace digitalisation and drive innovation to accelerate the region’s energy transition agenda.

Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

CPO Futures Snap Three-day Losing Streak To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said. 

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.

Inkia Energy Secures Environmental Approval For Solar Power Plant Expansion In Peru

KUALA LUMPUR, Oct 11 (Bernama) -- Inkia Energy, through its wholly-owned subsidiary Kallpa, has received environmental approval for the expansion of its solar power plant currently under construction in Southern Peru, a global solar resource hub.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Malaysia’s IPI Rises 4.1 Pct In August, Propelled By Manufacturing Sector's Growth

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 4.1 per cent in August 2024, propelled by the moderate growth in the manufacturing sector, said the Department of Statistics (DOSM).

MPC Launches Guidelines For EVs, Battery Management To Ensure Safety And Ecosystem Protection

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Productivity Corporation (MPC) has launched the electric vehicle and battery management (EVBM) guidelines to ensure public safety, environmental protection and the sustainability of Malaysia’s EV ecosystem. 

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

MGA: Gas Industry Players Need Equal Attention In Budget 2025

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Gas Association (MGA) calls for the government to prioritise the gas industry in Budget 2025 to ensure Malaysia’s sustainable transition to a low-carbon economy.

Malaysia Welcomes Proposed US$14.7 Bln Investment By US Tech Giants -- Anwar

From Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- Malaysia has welcomed the proposed US$14.7 billion (US$1=RM4.29) investment by United States (US) technology giants -- Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories, and Boeing.