Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts
KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.
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Cropmate Gets Bursa's Nod To List On Ace Market
KUALA LUMPUR, Sept 23 (Bernama) -- Specialty fertiliser company Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing.
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.
Budget 2025: KPK Proposing Initiatives To Strengthen Oil Palm Industry
PUTRAJAYA, Sept 23 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has submitted two proposals to the Ministry of Finance to be considered for inclusion in Budget 2025, namely a revision of the windfall profit levy (WPL) on palm oil and additional allocations for palm oil replanting programmes.
BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.
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).
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)
Labuan FSA Wins ‘Best International Jurisdiction For Islamic Banking & Finance 2024
LABUAN, Sept 23 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has been named the ‘Best International Jurisdiction for Islamic Banking and Finance 2024’ at the 14th Global Islamic Finance Awards (GIFA).
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.
Sarawak To Announce Acquisition Of Affin Bank In A Week - Abang Johari
KUCHING, Sept 21 (Bernama) -- An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.