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Malaysia Approves RM185.3 Bln In Digital Investments From 2021 To June 2024 – PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Digital investment totalling RM185.3 billion has been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.

Malaysia’s Pepper Exports In First 7 Months Increase To RM86.4 Mln

JOHOR BAHRU, Sept 20 (Bernama) -- Malaysia’s pepper exports reached RM86.4 million from January to July 2024, higher than the RM80.2 million during the same period last year.

Business Export Programme Generates RM74 Mln In Export Sales -- SME Bank

KUALA LUMPUR, Sept 20 (Bernama) -- SME Bank Malaysia Bhd’s business export programme (BEP) has generated over RM74 million in incremental export sales as of Aug 31, 2024, with 65 per cent of the companies entering new export markets.

Gold Futures Close Higher

KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher amid ongoing concerns over economic slowdowns in the United States and China.

Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan

By Jailani Hasan

LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.

Ringgit The Clear Winner From FFR Cut, Pivots Vs USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst. 

iPhone 16 Buyers Weigh Options Amid Price Differences

KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.

Bank Muamalat's Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award

KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

Subang Airport Records 25 Pct Rise In International Passenger Traffic For August

KUALA LUMPUR, Sept 20 (Bernama) -- Sultan Abdul Aziz Shah Airport, also known as Subang Airport (SZB), recorded a 25 per cent rise in international passenger traffic in August 2024, according to Malaysia Airports Holdings Bhd (MAHB).

AmInvest Declares RM96.9 Mln Income Distribution For 23 Funds

KUALA LUMPUR, Sept 20 (Bernama) -- AmInvest has declared a total net income distribution of RM96.9 million for 23 unit trust funds and wholesale funds from April 2024 to June 2024.