Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
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Moody's Sees Higher Sukuk Issuance In Malaysia In Second Half Of Year
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is projected to register a higher sukuk issuance in the second half (2H) of this year despite lower domestic sovereign issuance in the first half (1H), according to Moody’s Ratings.
Bursa Malaysia Higher At Midday, Tracking Wall Street's Performance
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said.
Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).
Budget 2025: MPOB Calls On Govt To Assist Planters In Rejuvenating Unproductive Oil Palm Trees
KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) hopes the government will assist planters in accelerating replanting activities to rejuvenate unproductive and ageing oil palm trees in Budget 2025, thus enhancing the sector’s productivity.
Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO
KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.
Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers
KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.
Anwar Reaffirms Commitment To Strengthen Palm Oil Industry
KUALA LUMPUR, Oct 6 (Bernama) -- The MADANI government remains committed to bolstering the country’s palm oil industry, Prime Minister Datuk Seri Anwar Ibrahim said.
Trading On Bursa Malaysia Likely To Remain Cautious Next Week
KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.
Govt Wants More Local Tech Companies To Expand Their Business In Malaysia -- Gobind
PUTRAJAYA, Oct 4 (Bernama) -- In the excitement brought about by the surge of foreign investments in Malaysia’s digital economy, the government wants to see more homegrown technology companies “jump on the bandwagon” and expand their businesses in the country, Digital Minister Gobind Singh Deo said.
Banking System Continues To Be Strong, Well-positioned To Weather Shocks -- HLIB
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
CT Semiconductor Launches ATP Chip Semiconductor Chip Technician Training Center In Vietnam
KUALA LUMPUR, Oct 3 (Bernama) -- CT Semiconductor, a member of CT Group, has officially inaugurated and commenced operations of its ATP Semiconductor Chip Technician Training Center at the National Innovation Center (NIC) in Hoa Lac High-Tech Park, Hanoi, Vietnam, on Oct 1.