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).

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.

ITMAX System Secures 15-year Smart Parking Contract In Johor

KUALA LUMPUR, Sept 23 (Bernama) -- ITMAX System Bhd’s 65 per cent owned subsidiary, Southmax Sdn Bhd (SSB), has been appointed by the Segamat Municipal Council (MPS) to operate smart parking for 7,637 on-street parking spaces in the district. 

CIOs Find AI Both Exciting, Stressful - Expereo Study

KUALA LUMPUR, Sept 23 (Bernama) -- Expereo in its latest survey revealed that 64 per cent of technology leaders from large global enterprises find it challenging and/or stressful to meet the technology demands of the business and that artificial intelligence (AI) is a key source of both pressure and opportunity.

Capital A To Hold EGM On Oct 14, 2024, For Disposal Of Aviation Business

KUALA LUMPUR, Sept 23 (Bernama) -- Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company AirAsia X Bhd (AAX) will be tabled for shareholders’ approval. 

Malaysia's August Inflation Eases To 1.9 Pct - DoSM

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

MATRADE To Lead 150 Malaysian Organisations At CAEXPO 2024

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead 150 Malaysian organisations at the China-Asean Expo 2024 (CAEXPO) in Nanning, China, from Sept 24 to 28, 2024.

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.

Malaysia’s Air Traffic Recovery To Hit 94 Pct In 2024 - MIDF

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s aviation passenger traffic is now forecast to recover to 94 per cent this year, a sharp increase from the modest four per cent growth initially projected, MIDF Research said.

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). 

MIHAS 2024 Awards Introduces Sustainability Category, Recognising Eco-friendly Practices

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 20 (Bernama) -- The prestigious Malaysia International Halal Showcase (MIHAS) 2024 Awards returns this year with a new category, the Sustainability Award, recognising efforts in the adoption of sustainable practices in the Halal industry.