AICB Urges Stronger Cross-border Collaboration To Combat Rising Financial Crime Rates

KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).

Bursa Malaysia Bucks Regional Trend To Close Marginally Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia bucked the downbeat regional trend to close marginally higher on Tuesday, amid continued buying interest in selected heavyweights led by financial services counters.

NZ–Malaysia Halal Collaboration Marks Major Economic Shift — NZMBA President

KUALA LUMPUR, Nov 1 (Bernama) -- New Zealand’s move to explore membership in the soon-to-be-established ASEAN Halal Council marks a significant step towards deeper economic cooperation with Malaysia, said New Zealand Malaysian Business Association (NZMBA) president Dave Ananth.

CPO Futures End Lower On Anticipated Higher Demand of Soybean Oil

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on expectation of higher demand for soybean oil, a dealer said.

USABC Launches 7th Edition Of 'ASEAN Matters For America, America Matters For ASEAN'

KUALA LUMPUR, Oct 30 (Bernama) -- The US-ASEAN Business Council (USABC), in collaboration with the East-West Center in Washington and the ISEAS-Yusof Ishak Institute, recently launched the publication of the 7th edition of 'ASEAN Matters for America, America Matters for ASEAN' at the ASEAN Business and Investment Summit (ABIS) in Kuala Lumpur.

Gold Futures End Lower As Fed’s Hawkish Cut Triggers Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.

Bursa Malaysia Ends Marginally Higher AS Investors Digest Corporate Earnings

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia closed slightly higher today as investors digested corporate earnings releases and monitored regional market developments.

AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects

KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region. 

APEC Ministers To Discuss Trade, Geopolitics Before Leaders Meet

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- Asia-Pacific Economic Cooperation (APEC) foreign and trade ministers are set to deliberate on geopolitical and trade issues and directions ahead of the leaders’ meet tomorrow, including Prime Minister Datuk Seri Anwar Ibrahim, at the coastal city here.

Rubber Market Ends Mixed On Optimism Over Possible Chinese Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Malaysian rubber market closed mixed today amid optimism over potential Chinese stimulus, a dealer said.

CIDB Holdings, CI Tech In Tie-Up To Launch Construction Sector's Blockchain Platform

KUALA LUMPUR, Oct 28 (Bernama) -- The Construction Industry Development Board (CIDB) Malaysia’s commercial arm CIDB Holdings Sdn Bhd has signed a memorandum of collaboration with CI Tech Sdn Bhd to introduce Malaysia’s first government-endorsed blockchain platform for verified carbon credits in the construction sector.

Foreign Investors Extend Net Selling With US$1.74 Bln Outflow From Asian Markets

KUALA LUMPUR, Oct 27 (Bernama) -- Foreign investors extended their net selling streak to two consecutive weeks across Asian markets last week, recording US$1.74 billion of net foreign outflows.