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Bursa Malaysia, Stockbroking Industry Issue Cyber Resilience Enhancement Recommendation Paper

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia Bhd in collaboration with Malaysia’s stockbroking industry today announced a recommendation paper comprising a series of cyber resilience enhancements to strengthen the integrity of the stockbroking ecosystem.

Ringgit Continues Uptrend Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).

MOF Denies Claim That Petronas Takes 95 Pct Of Borneo’s Oil Revenue

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Finance (MOF) has denied claims that Petroliam Nasional Bhd (Petronas) has taken up to 95 per cent of the petroleum revenue from Sabah and Sarawak.

ISDA Confirms Enforceability Of Close-Out Netting In Saudi Arabia 

KUALA LUMPUR, Nov 11 (Bernama) -- The International Swaps and Derivatives Association (ISDA) has published legal opinions recognising the enforceability of close-out netting in Saudi Arabia, providing global financial institutions with greater legal certainty when transacting in the Kingdom’s derivatives market.

MIDA: Central Region Industrial Cluster To Contribute RM24.5 Bln To Annual GDP

KUALA LUMPUR, Nov 11 (Bernama) -- The Central Region Industrial Cluster Development initiative is projected to contribute RM24.5 billion annually to the gross domestic product (GDP) of Selangor, Melaka, Negeri Sembilan, and the Federal Territories of Kuala Lumpur and Putrajaya, said the Malaysian Investment Development Authority (MIDA).

DayOne, Amata In Deal To Build Thailand’s First 1GW Power Platform

KUALA LUMPUR, Nov 11 (Bernama) -- Singapore-headquartered DayOne Data Centers has signed a memorandum of understanding (MoU) with Amata Corporation to advance the development of Thailand’s first one-gigawatt (GW) power platform for the future development of Chonburi Tech Park Plot 2 (CTP2) and the expansion of the existing CTP1 campus.

Equinox Partnership Launched To Boost Oxford’s Global Innovation Ecosystem

KUALA LUMPUR, Nov 11 (Bernama) -- A new regional partnership, Equitable Innovation Oxford (Equinox), has been launched to position Oxford as a global hub for innovation and entrepreneurship.

Khazanah-China Rare Earth Investment Should Be Accelerated – PM Anwar

KUALA LUMPUR, Nov 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged that Khazanah Nasional Bhd (Khazanah) accelerate its investment with China in rare earth element (REE) development to capitalise on the sector’s potential and ensure balanced regional development.

Bursa Malaysia Tracks Wall Street To Open Higher

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia opened higher today, buoyed by a positive spillover following Wall Street’s gains as US Senate lawmakers made headway toward a potential deal to end the US government shutdown.

Ringgit Appreciates To Strongest Level Since October 2024

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.

Mah Sing To Develop Prime Penang Land With RM528 Mln GDV

GEORGE TOWN, Nov 10 (Bernama) -- Mah Sing Group Bhd plans to undertake a new mixed development project, M Cora, on its newly-acquired Penang land with a projected gross development value (GDV) of RM528 million.

Govt Efforts To Enhance Malaysia's Diverse Economy A Success -- Amir Hamzah

KUALA LUMPUR, Nov 11 (Bernama) -- The government's efforts to enhance the country’s economic diversity are successful, considering the performance of the competitive economic sectors projected for the third quarter (3Q) of this year, said Finance Minister II and acting Economy Minister Datuk Seri Amir Hamzah Azizan.