PMB Investment Announces Total Gross Distribution Of RM2.88 Mln For Dana Bestari

KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Government Channels RM5.76 Bln To 261,651 MSME Entrepreneurs - KUSKOP

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.

Budget 2025: Direct Sellers Want Govt To Tighten E-commerce Regulations

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 14 (Bernama) -- The Direct Selling Association Malaysia (DSAM) has urged the government to allocate funds to tighten regulations, increase enforcement and continuously educate ethical e-commerce practices in Budget 2025.

Audit Report: Federal Govt Channels Grants Worth RM39.74 Bln to 1MDB

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.

UOB Malaysia Launches RM1 bln Sustainable Financing Programme For OGSE Sector

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.

FBM KLCI Stays Marginally Up At Midday; Market Breadth Negative

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. 

Federal Govt Records RM112.53 Mln Loss On Disposal Of Astronautic Shares - Audit Report

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.

Foreign Selling Of Malaysian Equities Eases To RM45.7 Mln Last Week

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).

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

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.

Auditor-General: 3,942 Projects Under 12MP In Progress As Of August 26

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.

Bursa Malaysia Opens Higher On Wall Street Cues

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.