Ringgit Strengthens Against US Dollar At The Opening
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit strengthened against the US dollar at the opening today, boosted by optimism over the upcoming Budget 2025, which will be announced this Friday.
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MDEC Targets Tech Collaborations, Smart City Opportunities At GITEX Global 2024
From Nurunnasihah Ahmad Rashid
DUBAI, Oct 14 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) has engaged with the Advanced Technology Research Council (ATRC) of Abu Dhabi, exploring collaborations in education and technology development at the Gulf Information Technology Exhibition (GITEX) Global 2024.
RM17.9 Bln Investments From China Approved From 2023 Until 1H2024 - MITI
KUALA LUMPUR, Oct 14 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Malaysian Investment Development Authority (MIDA) are supervising investments of RM17.9 billion from China approved in the manufacturing sector from 2023 to the first half of 2024.
Malaysia To Continuously Assess BRICS Engagement For Economic Benefits
KUALA LUMPUR, Oct 14 (Bernama) --The government will continuously assess the development of the BRICS bloc to ensure that Malaysia’s involvement brings significant benefits to the country, in line with the economic policies such as the MADANI Economic Aspirations and the New Industrial Master Plan 2030.
Sarawak Aims To Take Harvesting Innovation 'Lipan’ And ‘Kerbau’ To Global Level
KUCHING, Oct 14 (Bernama) -- Sarawak would like to promote two palm fruit harvesting machines produced by Sarawak Plantation Bhd (SPB) globally.
Mavenir Snags Most Innovative Cloud Product At Network X Awards
KUALA LUMPUR, Oct 14 (Bernama) -- Mavenir, a pioneer in cloud-native network infrastructure, has been recognised as a global leader in telecom innovation, winning the esteemed 2024 Network X Award for Most Innovative Cloud Product.
FBM KLCI Pares Gains But Stays In Positive Territory
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks.
Rubber Market Ends Higher, Tracking Regional Futures Markets
KUALA LUMPUR, Oct 14 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets.
EBC Financial Group Improves Liquidity, Reduces Trading Costs On Major Stock Indices
KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).
DAT Will Accelerate Malaysia's High-income Nation Target - World Bank
KUALA LUMPUR, Oct 14 (Bernama) -- Widespread adoption and scaling of digital agriculture technologies (DATs) will accelerate Malaysia’s journey to achieving high-income nation status, according to a report from the World Bank.
Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist
KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.
Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi
KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli.