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Three Companies Qualify For Online Bid To Supply Renewable Energy

KUALA LUMPUR, Oct 23 (Bernama) -- Three companies have met all the requirements to participate in the online bidding on June 16, 2024, for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).

Bursa Malaysia Opens Higher Amid Mixed Wall Street Overnight

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid Wall Street’s mixed performance overnight as traders expect a potentially less aggressive rate cuts by the United States (US) Federal Reserve (Fed) next month, said an analyst. 

FBM KLCI Futures Open Higher

KUALA LUMPUR, Oct 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trade today, tracking the underlying cash market.

7,400 Companies Using E-invoice System; 58 Mln E-invoices Issued As At Oct 14 -- MoF

KUALA LUMPUR, Oct 23 (Bernama) -- A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance (MoF).

Ringgit Rebounds Slightly Vs USD In Early Trade

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.

Diesel Subsidy Claims Down By 51.6 Pct In August Vs May -- Economy Ministry

KUALA LUMPUR, Oct 22 (Bernama) -- Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6 per cent against claims in May 2024 since the June 10 2024 implementation of targeted diesel subsidy, said the Economy Ministry.

MATRADE Committed To Boosting Foreign Trade Through Budget 2025

KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will continue as the country's export promotion agency under Budget 2025 to help Malaysian companies to remain competitive in foreign markets.

As ASEAN Chair In 2025, Malaysia Should Prioritise People-centric Measures, Intra-ASEAN Trade - Experts

KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia assumes the ASEAN chairmanship next year, it should focus on implementing more people-centric measures and enhancing intra-ASEAN trade, said experts.

Budget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination - MIDA

KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).

CPO Futures Close Higher On Expectation Of Weaker Production

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday due to expectation of weaker production in the coming weeks, a trader said. 

Gold Futures Close Marginally Lower

KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally lower amidst continued concerns over escalating geopolitical tensions, the United States (US) election uncertainties as well as the slower pace of US interest rate cuts, analysts said. 

DNB Appoints Former PLUS Boss Azman Ismail As CEO

KUALA LUMPUR, Oct 22 (Bernama) -- Digital Nasional Bhd has appointed Datuk Azman Ismail as its new chief executive officer (CEO), effective Oct 23, 2024.