RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Bursa Malaysia Opens Lower

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.

Chinese Investors Eye Opportunities In Labuan -- Zaliha Mustafa

LABUAN, Nov 4 (Bernama) -- Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors. 

Bina Puri Holdings Bags RM113.29 Mln Contract For Water Supply Project In Sarawak

KUALA LUMPUR, Nov 4 (Bernama) -- Bina Puri Holdings Bhd's (Bina Puri) wholly-owned subsidiary, Bina Puri Builder Sdn Bhd (BPB), has been awarded a RM113.29 million contract by Tokoh Ilham Sdn Bhd for a water supply project in Serian, Sarawak.

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (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 Generali Life (Hong Kong) Limited (Generali Hong Kong).

Rubber Market Ends Lower Amid Regional Futures Downtrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.

Chinese Western City Weinan Emerging As Printing, Packaging Hub

KUALA LUMPUR, Nov 4 (Bernama) -- The 2024 Belt and Road Printing and Packaging Industry Development Conference, organised by the Weinan Municipal People's Government was held in the northwestern Chinese city of Weinan from Oct 23 to 25.

Bursa Malaysia Rises 0.47 Pct At Midday On Regional Optimism

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia's main index closed the morning session higher, mirroring positive sentiment across regional markets.

Xsolla, Long Tale Games Team Up For Charity Campaign 

KUALA LUMPUR, Nov 4 (Bernama) -- Xsolla, a global video game commerce company, has partnered with Long Tale Games to launch a charity campaign, where 50 per cent of the proceeds from the three-month subscription package to Life is Feudal will be donated to Games For Change.

Rehda: Imposing Home Purchase Limits May Hurt Housing Sector, Economy

KUALA LUMPUR, Nov 4 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (Rehda) has cautioned that imposing limits on the number of residential units that Malaysians can purchase for investment may cause a collapse in the housing sector.

Influx Of Multinational Companies Boosts Kuala Lumpur’s Office Market Competitiveness - Knight Frank  

KUALA LUMPUR, Nov 4 (Bernama) -- The influx of multinational companies seeking regional headquarters in Kuala Lumpur (KL) is contributing to a more competitive office landscape, according to Knight Frank.