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25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

Malaysia To Refine Economic Growth Projections With Adoption Of 2025 SNA

PUTRAJAYA, March 11 (Bernama) -- The adoption of the 2025 System of National Accounts (2025 SNA) is expected to refine Malaysia's economic growth projections by enhancing the accuracy and comprehensiveness of its statistical framework, according to the Department of Statistics Malaysia (DOSM).

BRF Ingredients, Symrise Win F3 Krill Replacement Challenge For Aquaculture Innovations

KUALA LUMPUR, March 11 (Bernama) -- The F3 – Future of Fish Feed announced the winners of the F3 Krill Replacement Challenge, awarding Brazil-based BRF Ingredients and Germany-based Symrise for their innovative solutions to replace krill in aquaculture feed.

Kenanga Research Keeps Overweight On Plantations Amid Supply Deficit

KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.

Kerjaya Prospek's Shares Lower In Early Trade Despite Contract Win

KUALA LUMPUR, March 11 (Bernama) -- Kerjaya Prospek Group Bhd’s share price took a tumble in the early trading session today despite news that its wholly-owned subsidiary had secured a second contract win for the year.

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives fell in the early trading session.

CPO Futures End Lower On Weaker Export Pace

KUALA LUMPUR, March 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on weaker export pace, said palm oil trader David Ng. 

Gold Futures End Lower As Stronger Greenback Weighs On Market

KUALA LUMPUR, March 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, reflecting losses in the US COMEX gold market due to a stronger greenback amid concerns regarding Donald Trump’s trade policies.

Capital A Eyes Exit From PN17 By May 2025

SEPANG, March 10 (Bernama) -- Capital A Bhd is eyeing to exit from Practice Note 17 (PN17) status by May 2025 after receiving approval from shareholders and the High Court on its regularisation plan.

FBM KLCI Futures End Lower

KUALA LUMPUR, March 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today in line with the underlying cash market.

Majority Of Local Banks Hold Above-Average ESG Ratings

KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.

Kerjaya Prospek Bags RM51.03 Mln Contract In Penang

KUALA LUMPUR, March 10 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has received a contract from Persada Mentari Sdn Bhd (PMSB) to execute and complete piling and earthworks for a proposed service apartment in Penang, valued at RM51.03 million.