1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government has channelled RM5.76 billion in financing to 261,651 micro, small, and medium enterprise (MSME) entrepreneurs from January to August this year through the Entrepreneur and Cooperatives Development Ministry (KUSKOP) and its agencies.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The federal government has channelled grants amounting to RM39.74 billion to 1Malaysia Development Bhd (1MDB) from 2019 to 2023.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- United Overseas Bank (Malaysia) Bhd today launched its Sustainable Vendor Financing Programme (SVFP) to support Malaysia's oil and gas services and equipment (OGSE) sector in its decarbonisation and energy transition efforts, offering financing of up to RM1 billion.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s barometer index was marginally higher at midday as traders awaited the upcoming United States (US) Producer Price Index data for cues to gauge the Federal Reserve’s future interest rate moves, analysts said.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The federal government suffered a loss of RM112.53 million on the disposal of Astronautic Technology (M) Sdn Bhd shares, where the nominal value of shares worth RM112.58 million was sold for RM50,000.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- Foreign investors continued selling domestic equities for a third consecutive week, though at a more moderate pace of RM45.7 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures rose in early trade today, following the performance of the underlying cash market.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.
1y ago
By Nurunnasihah Ahmad Rashid
DUBAI, Oct 13 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) emphasises the importance of exposing local digital technology companies to international best practices to help them expand beyond the Malaysian market, attract foreign investment, and nurture talent.