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Bursa Malaysia Maintains Positive Momentum At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia maintained its positive momentum at midday, buoyed by continuous buying activities despite negative performance in the regional markets.

Plan To Extend ECRL To Rantau Panjang Still In Initial Discussion Stage - Anwar

From Voon Miaw Ping

BEIJING, Sept 3 (Bernama) -- The proposal to extend the East Coast Rail Link (ECRL) project to Rantau Panjang, Kelantan, bordering the Thai border is still in the initial discussion stage, Prime Minister Datuk Seri Anwar Ibrahim said.

Bursa Malaysia Maintains Upward Momentum Amid Continuing Buying Interest

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia extended yesterday’s upward momentum amid continued buying interest.

Gold Futures Hit Record High On Rate Cut Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.

FBM KLCI Stages Rebound On Late Bargain Hunting

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia rebounded from last Friday’s loss to close higher on Tuesday as late buying lifted the key index amid a mixed regional market performance and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Thursday.

ICHAM Unveils Asia’s First Open-Ended Autocall Fund For Accredited Investors

KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.

JD.com Interested In Expanding Business, Exploring Logistics Sector In Malaysia - PM Anwar

From Voon Miaw Ping

BEIJING, Sept 2 (Bernama) -- Leading Chinese e-commerce and logistics retailer JD.com has expressed its intention to expand its business in Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Local Institutions Extend Buying Streak For Fifth Week With Purchases Of RM1.16 Bln - MBSB Investment

KUALA LUMPUR, Sept 2 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia for the fifth consecutive week last week, registering purchases of RM1.16 billion from RM391.8 million in the previous week, according to MBSB Investment Bank Bhd (MBSB IB).

MIHAS 2025 Surpasses 2,300-booth Mark, Signalling Strong Global Halal Demand 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 30 (Bernama) -- The Malaysia International Halal Showcase (MIHAS) 2025 has surpassed its initial target of 2,300 booths, with over 2,380 booths already confirmed from 45 countries, reflecting strong global demand for halal trade opportunities.

Northstar To Join JTB Corp In Strategic Acquisition Deal

KUALA LUMPUR, Aug 29 (Bernama) -- Northstar Travel Group (Northstar), a powerhouse in business-to-business (B2B) travel industry events, media, and information services, is set to be acquired by JTB Corp, one of Japan’s leading travel solutions providers.

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Procurement, Consumer Credit And Anti-Dumping Bills Passed Reflecting The MADANI Reform Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.