| LATEST NEWS | Ringgit slips to 3.9620/9670 against the US dollar from 3.9530/9585 on Tuesday | |
By Adnan Zaylani
There is a growing realisation across Malaysia that financial literacy is no longer a luxury skill reserved for financially savvy individuals. It is fast becoming a necessity for every household, student, worker, entrepreneur and retiree.
KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.
KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.
KUALA LUMPUR, March 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of KBFG Insurance (China) Co Ltd (KBFG China) with a stable outlook.
KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 16 (Bernama) -- PMB Investment Bhd has declared an income distribution of 8.88 sen per unit for PMB Shariah Growth Fund for the financial year ended Feb 28, 2026, amounting to gross distribution of RM10,593,976.21.
KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.
By Zufazlin Baharuddin
KUALA LUMPUR, March 16 (Bernama) – Companies with a strong brand position and better cost management are likely to deliver improved quarterly results, driven by festive sales, which in turn could support their share price, analysts said.
KUALA LUMPUR, March 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity in the financial system.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking overnight losses on Wall Street amid rising crude oil prices.
KUALA LUMPUR, Mar 16 (Bernama) -- Foreign investors extended a four-week streak of net selling across eight Asian markets, with net outflows totalling US$16.8 billion, according to MBSB Investment Bank Bhd.
KUALA LUMPUR, March 16 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains.
