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Third Sector In Islamic Finance Can Play Significant Role In Sutainable, Equitable Development - Fadillah

PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

CIMB Partners With CGC To Offer Additional RM1.5 Bln Financing For SMEs

KUALA LUMPUR, Oct 1 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized enterprises (SMEs).

Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

China-ASEAN Industrial Chain And Supply Chain Conference Injects Impetus For Cooperation

KUALA LUMPUR, Oct 1 (Bernama) -- The China-ASEAN (Baise-Cao Bang) Industrial Chain and Supply Chain Cooperation and Innovative Development Conference, held in Nanning, China, witnessed the signing of 19 projects valued at 20.663 billion Chinese yuan. (100 Chinese yuan = RM59.24)

National Cloud Policy Forthcoming, To Focus On Four Key Areas -- PM Anwar

KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that the National Cloud policy will be forthcoming, emphasising on the four core areas of public service innovation and efficiency; economic competitiveness and growth; fuelling economic expansion by enabling businesses, strengthening user trust and data security; and empowering citizens through digital inclusivity.

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

​Global Mayors Exchange Ideas On Sustainable Urban Development In Hangzhou

KUALA LUMPUR, Oct 1 (Bernama) -- Mayors and representatives from 24 cities in 15 countries and regions recently attended the Global Mayors Dialogue · Hangzhou and the ninth Hangzhou International Sister City Mayors Conference in Hangzhou.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

Felda To Foster Connections Between Malaysian And Indonesian Businesses

JAKARTA, Sept 30 (Bernama) -- The Federal Land Development Authority (Felda) is poised to connect Malaysian companies, particularly its business units, with firms in the Indonesian Chamber of Entrepreneurs (KEIND) to explore new opportunities in both countries and internationally.