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Malaysia Will Not Be Complacent Despite Current Achievement - PM Anwar

KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.

Malaysia To Focus On Strengthening Economic Cooperation, Attracting Investments In ASEAN Summit

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 7 (Bernama) -- Malaysia will focus on strengthening economic cooperation in ASEAN and enhancing regional trade and investment at the 44th and 45th ASEAN Summit and Related Summits that will begin tomorrow in Laos.

E-wallet Companies Want SST Exemption For Digital Financial Services To Be Extended In Budget 2025

KUALA LUMPUR, Oct 7 (Bernama) -- The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital financial services in Budget 2025 to sustain the industry’s growth.

Foreign Investors Dispose RM1.1 Bln Worth Of Equities Last Week

KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

FBM KLCI Futures Firmer In Early Trade

KUALA LUMPUR, Oct 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trade today, tracking the underlying cash market.

Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Anwar Reaffirms Commitment To Strengthen Palm Oil Industry

KUALA LUMPUR, Oct 6 (Bernama) -- The MADANI government remains committed to bolstering the country’s palm oil industry, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

BSN SSP Produces 103 Millionaires From 6.2 Million Depositors, With Savings Of RM5.4 Bln

JOHOR BAHRU, Oct 5 (Bernama) -- Bank Simpanan Nasional (BSN) has captured 6.2 million Premium Savings Certificate (SSP) depositors and produced 103 millionaires so far, said BSN chairman Datuk Seri Dr Awang Adek Hussin.

Malaysians Must Realise That Country Is Not Immune To Effects Of Global Uncertainty -- Rafizi

KOTA KINABALU, Oct 5 (Bernama) -- Malaysians need to understand and accept that the country, being an open market economy, is exposed to the effects arising from global economic uncertainty, according to Economy Minister Rafizi Ramli.