Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

FBM KLCI Ends Higher On Buying In Selected Stocks

By Rosemarie Khoo

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.

Supply Bill 2025 Tabled For First Reading In Dewan Rakyat

KUALA LUMPUR, Oct 15 (Bernama) -- The Supply Bill 2025 (Budget 2025) was tabled for the first reading in the Dewan Rakyat today.

Government To Look Into A 'Scorecard' For High-quality Investments - MITI

KUALA LUMPUR, Oct 15 (Bernama) -- The government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations (NIA) and New Industrial Master Plan (NIMP), said the Investment, Trade and Industry Ministry (MITI). 

Enlit Asia 2024 Urges ASEAN To Unite, Embrace Digitalisation, Drive Innovation

KUALA LUMPUR, Oct 11 (Bernama) -- The just-concluded three-day Enlit Asia 2024 has called on ASEAN to unite, embrace digitalisation and drive innovation to accelerate the region’s energy transition agenda.

MARii Trains 1,253 Engineers, Elevating Malaysia As ASEAN's Automotive Leader

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Automotive, Robotics, and IoT Institute (MARii) has trained and certified 1,253 engineers through the Digital Engineering and Prototyping (DEP) Professional Certification Programme since its inception in 2020. 

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Ringgit Retreats Against US Dollar Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.