BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030. 

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

Govt Channels RM6.35 Bln Financing To Over 260,000 Entrepreneurs Until sept 2024 - KUSKOP

KUALA LUMPUR, Oct 29 (Bernama) -- The government has channelled a total of RM6.35 billion in financing to 265,097 entrepreneurs through the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) until September this year.

Ringgit Rebounds, Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar today, despite cautious sentiment ahead of next week’s United States (US) presidential election and the Federal Open Market Committee (FOMC) meeting.

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

EBC, DiNapoli Experts Provide Insights To Navigate Volatile Markets

KUALA LUMPUR, Oct 22 (Bernama) -- EBC Financial Group (EBC), in partnership with DiNapoli Experts, has hosted ‘Harnessing the Power of DiNapoli Indicators to Conquer Black Swan Events’, an exclusive gathering that brought together financial experts, traders, investors, and economic strategists to explore key strategies for navigating volatile markets.

NIMP 2030 Succeeds In Raising Value Added, Jobs, Median Salary In Manufacturing Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.