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BRICS Membership To Offer Fairer Global Trade Landscape For Malaysia -- Russian Ambassador

KUALA LUMPUR, Nov 8 (Bernama) --  Russia’s Ambassador to Malaysia, Naiyl Latypov welcomed Malaysia’s interest in joining BRICS, saying that the coalition offers a pathway to a fairer global trade system that would benefit smaller and developing nations.

FBM KLCI Marginally Higher At Mid-day

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia remained marginally higher, tracking Wall Street’s strong overnight performance and aligning with most regional peers.

BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024. 

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.

Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI

KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

PM Anwar Sees Rising Interest In Malaysia Among Chinese Investors, Companies

From Massita Ahmad

SHANGHAI, Nov 6 (Bernama) -- Chinese investors and companies are showing greater interest in Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia To Showcase Digital City Initiative During Smart City Expo KL 2025

BARCELONA, Nov 6 (Bernama) -- Malaysia plans to highlight its Digital City Initiative, which will be launched early next year at the Smart City Expo Kuala Lumpur 2025, showcasing innovative digital services and proof of concepts implemented.

Kuala Lumpur Gears Up For Southeast Asia's Inaugural Smart City Expo - Gobind

From NurulJannah Kamaruddin

BARCELONA, Nov 5 (Bernama) -- Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the country’s commitment to innovation and sustainable digital city development while positioning itself as a leading nation in ASEAN. 

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

Funding Societies Secures 3rd HSBC facility, Surpassing RM436 Mln In Total Financing

KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).