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SC Unveils Family Office Incentive Scheme To Boost Investment

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission Malaysia (SC) today unveiled the framework for a new Family Office incentive scheme designed to enhance Malaysia's investment landscape.

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).

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.

MATRADE To Lead 150 Malaysian Organisations At CAEXPO 2024

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead 150 Malaysian organisations at the China-Asean Expo 2024 (CAEXPO) in Nanning, China, from Sept 24 to 28, 2024.

Foreign Investors Remain Net Buyers Last Week, Snapping Up Equities Worth RM271.5 Mln

KUALA LUMPUR, Sept 23 (Bernama) -- Foreign investors remained net buyers of domestic equities for the sixth consecutive week, recording an inflow of RM271.5 million last week.

Preqin Expects Global Alternative Markets To Surpass US$30 Trillion By 2030

KUALA LUMPUR, Sept 23 (Bernama) -- Preqin in its Future of Alternatives 2029 report forecasted the global alternatives industry to reach US$29.2 trillion in assets under management (AUM) by 2029, from US$16.8 trillion at the end of 2023. (US$1=RM4.20)

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.

Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.

AIBC Leadership To Boost ASEAN-India Trade, Investment Ties

KUALA LUMPUR, Sept 21 (Bernama) -- The newly appointed leadership of the ASEAN-India Business Council (AIBC) has reaffirmed its commitment to promote private sector cooperation in trade and investment, in line with the ASEAN Economic Community (AEC) Blueprint 2025.

FBM KLCI Futures Poised For Gains Next Week On Cash Market Strength

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is poised to rise next week, tracking an anticipated upward trend in the underlying cash market.

Bursa Malaysia Set To Trend Higher Next Week

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.

Malaysia Approves RM185.3 Bln In Digital Investments From 2021 To June 2024 – PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Digital investment totalling RM185.3 billion has been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.