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Economic

Blackberry Establishes APAC Regional Cybersecurity HQ In Malaysia

KUALA LUMPUR, Oct 28 (Bernama) -- Canada-based BlackBerry Ltd has established its Asia Pacific (APAC) regional headquarters (HQ) for its cybersecurity division in Cyberjaya, Malaysia, which is now fully operational.

FBM KLCI Rebounds From Five Days Of Losses

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s barometer index rose after five days of losses as fresh interest emerged with investors piling into recently beaten-down heavyweights.

Local Institutional Investors Net Bought RM244.6 Mln Equities On Bursa Malaysia Last Week

KUALA LUMPUR, Oct 28 (Bernama) -- Local institutional investors net bought RM244.6 million equities on Bursa Malaysia last week after briefly net selling the week before.

MIH Megatrends 2024 Draws 2 Million Online Views, Showcases Malaysia’s Global Healthcare Readiness

KUALA LUMPUR, Oct 27 (Bernama) -- The Malaysia International Healthcare (MIH) Megatrends 2024 has surpassed expectations with a record 2 million online engagements, reflecting the heightened interest in Malaysia’s healthcare sector as it gears up for the 2025 ASEAN Megatrends.

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election which will be held on Nov 5.

Malaysia's Application To Join BRICS Gets Solid Support From Bloc Members Including India, China - PM Anwar

KUALA KANGSAR, Oct 27 (Bernama) -- Malaysia’s application to become a BRICS partner has received strong and solid support from all BRICS members including Russia, China and India during a meeting of the eight founding members of the bloc.

Budget 2025 To Stimulate Additional Investments In Malaysia - Alliance Bank

KUALA LUMPUR, Oct 27 (Bernama) -- Alliance Bank Malaysia Bhd expects the Budget 2025 to stimulate additional investments in Malaysia and prove the government’s persistent efforts to strengthen the nation’s economic fundamentals.

US-Malaysia Economic Ties Generate 312,000 New Jobs – Economic Counselor

KUALA LUMPUR, Oct 27 (Bernama) -- Over the last decade, the economic relationship between the United States (US) and Malaysia has grown remarkably, resulting in the creation of more than 312,000 jobs, with the US being the leading source of foreign direct investment (FDI) in Malaysia.

Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

SME Corp Celebrates Over 700 Outstanding MSME Entrepreneurs At Enterprise 50 Awards

KUALA LUMPUR, Oct 26 (Bernama) -- SME Corp Malaysia has successfully nurtured 763 high-achieving Micro, Small, and Medium Enterprises (MSMEs), now recognised as distinguished recipients of the Enterprise 50 (E50) Award.

Amphenol Opens New Facility In Penang

KUALA LUMPUR, Oct 26 (Bernama) -- Amphenol DC Electronics Malaysia Sdn Bhd, a global provider of engineering, design, and manufacturing services, has opened its new 70,000 square feet (sq ft) facility in Penang, with the potential for an additional 60,000 sq ft in the second phase. 

Budget 2025: MITI Urges Malaysian Companies To Explore Opportunities In Ethiopia

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysian companies are urged to explore new business opportunities in Ethiopia, taking advantage of the RM40 million allocation announced recently in the Budget 2025, said the Ministry of Investment, Trade and Industry (MITI).