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AWS Region's RM57.3 Bln GDP Contribution could Be Fast-tracked To 2032- PM Anwar

KUALA LUMPUR, Sept 26 (Bernama) -- The government believes that the Amazon Web Services (AWS) Asia Pacific (Malaysia) Region’s projected RM57.3 billion contribution to Malaysia's gross domestic product (GDP) could be fast-tracked to 2032 from 2038, given its current pace of development, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia’s Digital Gaming Content Exports Expected To Show Significant Potential In 2024

By Durratul Ain Ahmad Fuad

TOKYO, Sept 26 (Bernama) -- Malaysia's digital gaming content exports are expected to show significant potential this year, with Japan emerging as a key market, amid global projections of the gaming industry reaching US$187.7 billion in 2024. 

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

Bursa Malaysia Ends Marginally Lower On Profit-taking, Bucking Regional Trend

By Karina Imran

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia closed marginally lower on Thursday on profit-taking after previous strong gains, bucking the regional trend, an analyst said. 

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

Revo Zero, Grupo Édora Partners To Fast-Track Green Hydrogen Revolution

KUALA LUMPUR, Sept 26 (Bernama) -- REVO ZERO Corporation, a zero-emissions technology company, and Grupo Édora, an European renewable energy developer, announced Grupo Édora's strategic investment in REVO ZERO to accelerate the deployment of a green hydrogen generation and refuelling network in the United States (US) and Europe.

MIDF Expects Bursa Malaysia's Positive Momentum To Continue In 4Q And Into 2025

KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.

MITI’s New Circular Economy Policy Framework Promotes Sustainable Manufacturing Growth - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models and catalysing green growth practices across the manufacturing value chain.

Covid-19 Undermined Progress In Reducing Poverty, Urban Households Hit Hardest - KRI

KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.

Malaysia Has Potential To Increase Investment In Laos: Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia possesses significant potential to augment its investment in Laos, particularly in the renewable energy, agriculture, tourism, and infrastructure sectors, stated Malaysian Ambassador to Laos Edi Irwan Mahmud.

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

FBM KLCI Rebounds On Late Buying To End Higher As Broader Market Falls  

By Karina Imran

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.