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Profit-taking Hits Heitech Padu After RM892 Mln NIISe Contract News

KUALA LUMPUR, Oct 21 (Bernama) -- HeiTech Padu Bhd shares fell 4.61 per cent in early trade due to profit-taking following the announcement of a RM892.19 million contract secured for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.

Foreign Investors Turn Net Buyers, Inflow at RM404.1 Mln Last Week

KUALA LUMPUR, Oct 21 (Bernama) -- After three weeks of selling, foreign investors shifted to buying domestic equities, resulting in a significant inflow of RM404.1 million last week, compared to the RM45.7 million outflow recorded in the previous week.

Ringgit Extends Positive Momentum To Open Higher Against US Dollar

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.

Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive

KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.

Budget 2025 Seen Modestly Expansionary With Govt Trying To Balance Growth And Fiscal Consolidation

KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.

10 Startups Shine At SAP 2024, Poised For Global Growth Through SIDEC's Initiative

KUALA LUMPUR, Oct 20 (Bernama) -- The top 10 winners of the Selangor Accelerator Programme (SAP 2024) have joined the ranks of over 190 startups that have participated in the programme since its launch in 2018.

Budget 2025 To Accelerate Malaysia's Digitalisation, Adoption Of AI

KUALA LUMPUR, Oct 20 (Bernama) -- The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage the adoption of artificial intelligence (AI) and drive inclusive growth, said the Malaysia Digital Economy Corporation (MDEC).

Future Income Classifications To Consider Multiple Factors For Greater Fairness - Rafizi

PUTRAJAYA, Oct 20 (Bernama) -- Future income classifications will no longer rely solely on gross household income but will incorporate various factors to ensure greater fairness, said Economy Minister Rafizi Ramli.

Biggest Budget Allocation Due To Good Governance, Fiscal Discipline - Rafizi

PUTRAJAYA, Oct 20 (Bernama) — The largest allocation in history of RM421 billion for Budget 2025 is the result of good governance, prudent fiscal discipline and the country's rapid economic growth, said Economy Minister Rafizi Ramli.

Tiktok Shop SME Digitalisation Conference Aims To Create Robust Ecosystem For SMEs Growth

KUALA LUMPUR, Oct 20 (Bernama) -- The TikTok Shop SME Digitalisation Conference, a collaborative effort between the Selangor Smart City & Digital Economy Convention (SDEC) 2024 and TikTok Shop aims to create a robust ecosystem to support small and medium enterprises (SMEs) growth. 

Budget 2025 Initiatives On AI, Digital Monitoring Systems Can Enhance Transportation Efficiency - Experts

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 20 (Bernama) -- Experts say that key initiatives in Budget 2025 focusing on integrating artificial intelligence (AI) and digital monitoring systems can enhance transportation infrastructure and improve its overall efficiency.

Malaysia Remains Open, Welcoming To Chinese Companies Seeking To List On Bursa Malaysia -- SC Director

HAINAN (China), Oct 20 (Bernama) -- Malaysia remains open and welcoming to Chinese companies seeking to list on Bursa Malaysia whether for their first or second listing exercise, in line with both countries’ shared goals of fostering innovation and promoting high-value products and services.