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AMRO Lowers ASEAN+3 Growth Forecast For 2024 To 4.2 Pct

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.

Sunway Shares Up On Plan To Acquire Cheras Land For RM320 Mln

KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.

Fiscal Deficit Projected To Fall To 3.8 Pct Of GDP In 2025 -- CIMB Securities

KUALA LUMPUR, Oct 3 (Bernama) -- CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).

Sunway's Unit Acquires Freehold Land In KL For RM320 Mln

KUALA LUMPUR, Oct 2 (Bernama) -- Sunway Bhd’s wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd (VISB) to acquire a parcel of land for RM320 million in Cheras, here.

Oracle's Investment Reflects Global Tech Companies' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Oct 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Oracle's investment decision reflects the confidence and commitment of global technology companies in Malaysia's potential as a regional gateway for cloud infrastructure and supporting the growth of the regional artificial intelligence (AI) ecosystem.

Tokyo Game Show 2024 Attracts Over 274,000 Participants

KUALA LUMPUR, Oct 1 (Bernama) -- The Tokyo Game Show (TGS 2024), held from Sept 26-29 at Makuhari Messe in Chiba, Japan, attracted 274,739 participants, up from 243,238 in 2023.

MDEC, MATRADE Generate Over 150 Potential Business Matches At TGS 2024

From Durratul Ain Ahmad Fuad

TOKYO, Sept 29 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) and the Malaysia External Trade Development Corporation (MATRADE) have facilitated over 150 potential business matches for 10 Malaysian studios and companies during the four-day Tokyo Game Show (TGS) 2024 held from Sept 26-29, 2024.

Malaysian Data Centre Market To Further Expand On Demand Surge - CBRE

ISKANDAR PUTERI, Sept 27 (Bernama) -- The data centre market in Malaysia is growing rapidly and will continue to expand further as the current supply of data centres in the country is still insufficient to cater for the increasing demand, according to CBRE Group Inc.

MIDF Expects Bursa Malaysia's Positive Momentum To Continue In 4Q And Into 2025

KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

Tokyo Game Show 2024 To Kick Off Tomorrow With Theme 'Trailblaze The World Of Gaming'

By Durratul Ain Ahmad Fuad

TOKYO, Sept 25 (Bernama) -- The Tokyo Game Show (TGS) 2024 will kick off tomorrow, Sept 26-29, at Makuhari Messe in Chiba, Japan, marking 28 years since its launch in 1996.