Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
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AHB Announces 5.00 Sen Income Distribution For Full-Year 2024
KUALA LUMPUR, Oct 9 (Bernama) -- Amanah Hartanah Bumiputera (AHB) has set its final income distribution for the six-month period ended Sept 30, 2024 at 2.50 sen per unit, bringing the total distribution to five sen per unit for the full year of 2024.
Public Bank, LPI Capital Shares To Be Suspended On Wednesday Pending Major Announcement
KUALA LUMPUR, Oct 8 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will be suspended from 9 am tomorrow, pending a major announcement, separate filings from the two companies to Bursa Malaysia said on Tuesday evening.
Ireka's Unit Secures RM1.07 Bln Sub-contract For Pan Borneo Highway Project
KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.
Mytheresa To Acquire YNAP From Richemont
KUALA LUMPUR, Oct 7 (Bernama) -- MYT Netherlands Parent B.V. (Mytheresa) and Richemont announced they have entered into binding agreements for the acquisition of 100 per cent of the share capital of YOOX Net-a-Porter (YNAP) by Mytheresa.
Kenanga Expects Stable 3.0 Pct OPR In 2025
KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.
Middle East Tensions To Sustain Interest In Gold Futures Next Week
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 5 (Bernama) -- Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.
Ringgit Seen Holding Steady Against US Dollar Next Week
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.
Gold Futures End Higher Spurred By Safe-Haven Demand
KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.
Banking System Continues To Be Strong, Well-positioned To Weather Shocks -- HLIB
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
Ringgit Opens Higher vs Greenback AS Investors Await NFP Data
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.
Sarawak Mulls Forming 'Consolidated Entity' For State's Asset Management, Investment - Abang Jo
KUCHING, Oct 3 (Bernama) -- Sarawak is considering establishing a “consolidated entity” for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.