AEON Credit Fully Redeems RM200 Mln Subordinated Sukuk

KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today. 

FBM KLCI Extends Decline Amid Rising Global Trade Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.

Wholesale, Retail Trade Up 4.6 Pct Y-o-y To RM148.9 Bln In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia's wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a 4.6 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).

SME Bank Projects Malaysia’s Growth At 4.5-5.0 Pct For 2025

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).

Xsolla Unveils Customisable Loyalty As A Service Solution For Game Developers 

KUALA LUMPUR, March 12 (Bernama) -- Xsolla, a global video game commerce company, has introduced a customisable loyalty as a service solution to help developers seamlessly integrate rewards into their games’ purchase flows.

DistribuTECH 2025: Bidgely To Leverage AI For A Smarter Grid

KUALA LUMPUR, March 12 (Bernama) -- Bidgely, an artificial intelligence (AI)-powered Software as a Service (SaaS) company, has announced its participation at the upcoming DistribuTECH International conference in Dallas, Texas, from March 24 to 27.

Ringgit Rises As US Dollar Index Retreats

KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.  

Gold Futures Close Lower Ahead Of US Inflation Data

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday on caution ahead of US inflation data tomorrow.

Rubber Market Closes Slightly Lower On Weaker Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 11 (Bernama) -- The Malaysian rubber market eased slightly on Tuesday, tracking downward momentum in the regional rubber futures markets as the global sentiment was ruled by worries over global economic slowdown and rising trade war, said a dealer. 

FBM KLCI Continues Slide Amid Heightened Volatility, Wall Street Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.

Rubber Market Close Slightly Lower On Weaker Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 11 (Bernama) -- The Malaysian rubber market eased slightly on Tuesday, tracking downward momentum in the regional rubber futures markets as the global sentiment was ruled by worries over global economic slowdown and rising trade war, said a dealer. 

Malaysian BNPL Transactions Surge To RM7.1 Bln In 2H 2024 

KUALA LUMPUR, March 11 (Bernama) -- Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half (2H) of 2024, reaching RM7.1 billion, up from RM4.9 billion in the first half, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.