Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB

KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).

MOF Leads Whole-Of-Government Approach To Curb Illegal Influx Of Foreign Businesses

KUALA LUMPUR, June 10 (Bernama) -- The Ministry of Finance (MOF) is leading relevant ministries and agencies in adopting a “whole-of-government” approach to address the illegal influx of foreign products, services and businesses, said Deputy Finance Minister Liew Chin Tong.

Anwar's Call For Nationwide Crackdown For Illegal Foreign-run Businesses Timely - Economist

KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.

Move Over Matcha: Malaysian Entrepreneur Bets On Pandan Making It Big In India

KUALA LUMPUR, June 7 (Bernama) -- While Japan’s matcha flavoured tea has become hugely popular in cafés and bakeries across India, Malaysian entrepreneur Shivaani Suppiah is betting that another green food ingredient - pandan - might make it big in the South Asian nation.

Local Institutions, Retailers Extend Net Buying On Bursa Malaysia

KUALA LUMPUR, June 3 (Bernama) -- Local institutions and retailers extended their net buying streaks on Bursa Malaysia last week, with institutions recording a sixth consecutive week of net inflows and retailers posting a third straight week, amounting to RM2.12 billion and RM410.6 million, respectively.

Local Institutions Extend Buying Streak On Bursa Malaysia

KUALA LUMPUR, May 18 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia for the fifth consecutive week, recording net inflows of RM233.2 million last week amid continued foreign selling across regional equity markets.

Foreign Funds Extend 3-week Net Buying On Bursa Malaysia, RM470.3 Mln In Inflows

KUALA LUMPUR, April 13 (Bernama) -- Foreign institutions extended their net buying streak to three consecutive weeks, recording RM470.3 million in net inflows, according to MBSB Investment Bank Bhd (MBSB IB).

Foreign Investors Continue As Net Buyers On Bursa Malaysia For 6th Straight Week

KUALA LUMPUR, Feb 16 (Bernama) -- Foreign investors remained net buyers on Bursa Malaysia for a sixth consecutive week, recording RM377.2 million in net foreign inflows, around 25 times higher at RM15.0 million than the previous week, according to MBSB Investment Bank Bhd.

Govt Rejects Floating Price Approach To Protect The People - PM Anwar

KUALA LUMPUR, Feb 11 (Bernama) -- The government has not chosen the floating price approach as recommended by the World Bank and several economic experts because it is considered to be burdensome for the majority of the people, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit's Superlative Performance Driven By Solid Economic Fundamentals Rather Than US Fed Rates – Analysts

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.

Targeted Subsidy Doesn't Increase National Debt, Savings Up To RM4 Bln Per Year -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.