Federal Govt's Debt Growth Expected To Decrease To 7.5 Pct At End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).

Ringgit Strengthens Against Major Currencies On Positive Budget Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the close today, driven by positive sentiment ahead of the tabling of the national budget this Friday, said SPI Asset Management managing director Stephen Innes.

Allianz Life Extends Coverage For Critical Illness Riders

KUALA LUMPUR, Oct 16 (Bernama) -- Allianz Life Insurance Malaysia Bhd has launched the Complimentary Multi-Claim Critical Illness (CI) coverage campaign, which provides its customers with a vital safety net not just for their first CI diagnosis but for future diagnoses as well.

Xsolla Partners IT Park Uzbekistan To Unlock New Level In Game Development

KUALA LUMPUR, Oct 16 (Bernama) -- Global video game commerce company, Xsolla has signed a memorandum of understanding (MoU) with IT Park Uzbekistan to advance the gaming industry in Uzbekistan.

Bursa Malaysia Lower at Mid-Morning

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia traded lower at mid-morning as sentiments and risk appetites remained subdued after a Wall Street sell-off overnight. 

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

Malaysia Aviation Group's First A330neo Delivery Delayed, Some Flights Impacted

KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.

AirAsia Aims To Propel KLIA As World's Leading Aviation Megahub And Position ASEAN As The Next Dubai

SEPANG, Oct 15 (Bernama) -- AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade.

Penang's Silicon Island Project On Right Track In Its First Year

GEORGE TOWN, Oct 15 (Bernama) -- One year after development work started, the Silicon Island project here has progressed as scheduled, with the interests of the people of Penang especially fishermen taken care of.

Sarawak Aims To Take Harvesting Innovation 'Lipan’ And ‘Kerbau’ To Global Level

KUCHING, Oct 14 (Bernama) -- Sarawak would like to promote two palm fruit harvesting machines produced by Sarawak Plantation Bhd (SPB) globally.