EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Analysts Expect Maxis To Continue Positive Momentum

KUALA LUMPUR, Nov 11 (Bernama) -- Maxis Bhd’s earnings performance is commendable despite the rather saturated market view with regards to competitive pricing, quota and speed offerings, said MIDF Amanah Investment Bank Bhd.

Fadillah Assures Careful Review Before Nuclear Power Commitment

KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

Bursa Malaysia Closes Marginally Lower Amid Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia closed marginally lower on the final trading day of the week, weighed by profit-taking amid cautious sentiment after Donald Trump’s US election victory.

Rubber Market Ends Mixed On Lower Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.

BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024

KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.

Malaysia Advised To Prepare Contingency Measures In Anticipation Of US Policy Shifts Under Trump 2.0

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.

Duck Creek To Help MDA National Develops, Provides Innovative New Services 

KUALA LUMPUR, Nov 7 (Bernama) -- Duck Creek Technologies has been selected by MDA National (MDAN), an Australia-wide medical defence organisation, to deliver their new policy administration, policyholder portal, billing and next-gen analytics and insights solutions.

Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities

KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil. 

Greenery To Showcase Climate-friendly Solutions At COP29

KUALA LUMPUR, Nov 7 (Bernama) -- Greenery Inc announced it will bring its innovative solutions for low-carbon agriculture to the 29th UN Climate Change Conference of the Parties (COP29), at Azerbaijan from Nov 11 to 13.