PropertyGuru Supports KPKT's Madani Deposit Scheme To Boost Home-ownership Among First-time Buyers

KUALA LUMPUR, Oct 2 (Bernama) -- PropertyGuru Malaysia has given full support to the Housing and Local Government Ministry's (KPKT) suggestion on the MADANI Deposit scheme in the upcoming Budget 2025.

Acquisition Of Eye Nation Helps Sunzen To Expand Into New Market

KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.

MIDF Expects Malaysia's Production Activities To Continue To Grow In Coming Months

KUALA LUMPUR, Oct 2 (Bernama) -- Despite concerns over slower factory activities, MIDF Amanah Investment Bank Bhd (MIDF) expects Malaysia’s production activities to continue to grow in the coming months. 

Tanco Shares Rise On Smart Ai Container Port Approval

KUALA LUMPUR, Oct 2 (Bernama) -- Tanco Holdings Bhd's shares drew attention on Bursa Malaysia during the early session today, following the group's approval to develop and construct the smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan.

Ringgit Retreats To Open Lower Vs US Dollar

KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit took a breather from recent gains to open lower against the US dollar today, weighed by a risk-off sentiment amid heightened global geopolitical tension, an analyst said.

CPO Futures Stage Rebound To End Higher

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 1 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives rebounded from Monday’s loss to close higher today.

Govt’s Strong Narrative Positions Ringgit As World's Best-performing Currency - Rafizi

SHAH ALAM, Oct 1 (Bernama) – Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.

Gold Futures End Higher

KUALA LUMPUR, Oct 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly higher on Tuesday amidst geopolitical risks in the Middle East and hawkish remarks from Federal Reserve chairman Jerome Powell regarding potential interest rate cuts.

BNM Penalises Agrobank For Development Financial Institutions Act Non-compliance

KUALA LUMPUR, Oct 1 (Bernama) -- Bank Negara Malaysia (BNM) had imposed an Administrative Monetary Penalty (AMP) of RM660,000 on Bank Pertanian Malaysia Berhad (Agrobank) for non-compliance with the Development Financial Institutions Act 2002 (DFIA).

Ringgit Retreats On Profit-taking As Hopes For Another Oversized US Interest Rate Cut Fade

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

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.

Govt Duly Considers All Infrastructure Development Applications - Lim

BATU PAHAT, Oct 1 (Bernama) -- The government takes into careful consideration every application for infrastructure development funding in budget planning and policy implementation, said Deputy Finance Minister Lim Hui Ying.