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Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.

Capital Market Rises To RM4.2 Trillion In 2024 On Strong Equity, Bond Markets - SC

KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.

Maybank, TikTok Shop Ink MoU To Drive Digitalisation Of ASEAN SMEs

KUALA LUMPUR, March 20 (Bernama) -- Malayan Banking Bhd (Maybank) and TikTok Shop Malaysia have signed a Memorandum of Understanding (MoU) to launch the ASEAN SME Upskilling and Digitalisation Programme.

Bursa Malaysia Ends Lower On Lack Of Buying Catalysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

MAHB Tightens Wildlife Smuggling Checks At KLIA

KUALA LUMPUR, March 17 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has reaffirmed its commitment to tackling wildlife smuggling at Kuala Lumpur International Airport (KLIA) through tighter security measures and closer cooperation with enforcement agencies.  

Strong Buying Lifts Bursa Malaysia At Close, CI Up 1.04 Pct

By Anas Abu Hassan

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia extended gains to a third consecutive session today, driven by broad-based buying across various sectors following the recent strong sell-off, in line with the performance of regional markets, an analyst said.

Batik Air Updates Power Bank Policy With New Carrying Restrictions, Effective Immediately

KUALA LUMPUR, March 17 (Bernama) -- Malindo Airways Sdn Bhd (Batik Air) has updated its power bank policy, effective immediately, allowing passengers to carry a maximum of two power banks, which must be kept on their person at all times and must not be placed in carry-on baggage.

US Tariff War Continues To Impact Asian Equities With Net Outflows Of US$6.73 Bln - MIDF

KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.

Ringgit Opens Higher As US Govt Shutdown Averted

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.