LATEST NEWS   A total of 75,196 EPF members received RM11.4 mln in government incentives under the i-Suri scheme in 2024 – Amir Hamzah | The total EPF i-Saraan contributions received in 2024 amount to RM2.6 bln from 529,667 members, with a govt incentive allocation of RM114.8 mln – Amir Hamzah | Intel Corporation appoints Malaysian-born Lip-Bu Tan as chief executive officer effective March 18 | Additional audits, due diligence are prerequisites for finalising Sapura Energy's restructuring and RM1.1 bln injection - PM Anwar. | Previous major shareholders no longer manage Sapura Energy, with a new professional team leading its restructuring - Anwar | 

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RON95 Targeted Subsidy Can Influence Malaysia's Inflation Trends, Says Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s inflation rate easing to 1.9 per cent in August 2024 has raised concerns about the implications of a RON95 targeted subsidy mechanism, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Ringgit Opens Higher Vs US Dollar, Revisits RM4.19 Level

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.

Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.

Cropmate Gets Bursa's Nod To List On Ace Market

KUALA LUMPUR, Sept 23 (Bernama) -- Specialty fertiliser company Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing. 

Bursa Malaysia: Invest Malaysia To Attract Over 500 Delegates, AUM Over RM56.7 Trillion

KUALA LUMPUR, Sept 23 (Bernama) -- Invest Malaysia 2024 is expected to attract over 500 delegates, including foreign fixed income, equity, and private equity investors, with a combined asset under management (AUM) of over RM56.7 trillion.

Bursa Malaysia Ends Easier Amid Consolidation Mode   

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst. 

Rubber Market Ends Lower In Line With Regional Declines

KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market closed lower today, tracking declines in regional rubber futures markets, amid concerns over a slowing Chinese economy and rising tensions in the Middle East.

BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.

Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).

Bursa Malaysia Ends Morning Session Lower

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights, said an analyst.