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Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

Global Commercialisation Strategies Set To Boost Malaysian Tech Startups, Scaleups -- MDEC

From Nurunnasihah Ahmad Rashid

DUBAI, Oct 16 (Bernama) -- Malaysia’s focus on global commercialisation strategies is set to drive significant economic impact for local tech startups and scaleups, particularly as the nation positions itself as the digital gateway to ASEAN.

Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew

By Zarul Effendi Razali

HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

EBC Expands Services For HNWIs, Institutional Investors With Second AFSL

KUALA LUMPUR, Oct 16 (Bernama) -- In a significant move toward expanding its global asset management footprint, EBC Financial Group (EBC) has successfully obtained an Australian Financial Services Licence (AFSL) for Asset Management from the Australian Securities & Investments Commission (ASIC).

SC Plays Active Role In ASEAN Taxonomy - Chairman

KUALA LUMPUR, Oct 16 (Bernama) -- The Securities Commission of Malaysia (SC) has actively contributed to the ASEAN Taxonomy through the ASEAN Taxonomy Board, which includes central banks, securities regulators and insurance regulators.

MIDA, MTUN Deal To Boost Highly-skilled Workforce

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Technical Universities Network (MTUN) today formalised a collaboration to bolster Malaysia’s high-skilled workforce through the signing of a Memorandum of Understanding (MoU).

NCER Records RM48.25 Bln Realised Investments In First 9 Months Of 2024 - Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The Northern Corridor Economic Region (NCER) has successfully realised RM48.25 billion in investments during January to September this year, a 60 per cent growth compared to the same period last year, Prime Minister Datuk Seri Anwar Ibrahim said.

KPK, MoF To Mull Increasing oil Palm Replanting Grant for Smallholders - Johari

KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will discuss with the Ministry of Finance (MOF) to increase the assistance provided in the oil palm replanting grant to boost productivity among smallholders. 

Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

Infrastructure Projects to Dominate Malaysia's Construction Sector - RHB IB

KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).

ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target

KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.

FBM KLCI Ends Higher On Buying In Selected Stocks

By Rosemarie Khoo

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.