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Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.

Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying

KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

Malaysia's Official Reserve Assets At US$116.77 Bln As At End-August 2024 - BNM

KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM). 

Budget 2025: Green Bonds, Tax Rebates Will Help Telecommunication Companies To Move Into Renewable Energy

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 30 (Bernama) -- Introducing competitive green bonds, tax breaks or rebates in the upcoming Budget 2025 may encourage companies, including telecommunication companies, to transition into renewable energy (RE) in their operations.

Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.

Ringgit Extends Gains, Opens At 4.1150 Vs US Dollar 

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.

MDEC, MATRADE Generate Over 150 Potential Business Matches At TGS 2024

From Durratul Ain Ahmad Fuad

TOKYO, Sept 29 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) and the Malaysia External Trade Development Corporation (MATRADE) have facilitated over 150 potential business matches for 10 Malaysian studios and companies during the four-day Tokyo Game Show (TGS) 2024 held from Sept 26-29, 2024.

Malaysian Pride Soars With The Ringgit

By Wong Chun Wai

KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.

U Mobile, Huawei Partner To Advance 5G Adoption In Malaysia

KUALA LUMPUR, Sept 28 (Bernama) -- U Mobile and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have inked a memorandum of understanding (MoU) to explore and promote the adoption and commercialisation of 5G-powered applications, solutions and intelligent services for Malaysian businesses, collectively known as X2B.

Malaysia And Indonesia Renew Local Currency Bilateral Swap Agreement

JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.

Gold Futures To Trade In Consolidation Mode Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst. 

Rubber Market Is Expected To Trade At Equilibrium Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The local rubber market is expected to trade at equilibrium with supply and demand dynamics off-setting each other as trading activities will be curtailed to a certain extent due to the coming Golden Week holidays in China, said industry expert Denis Low.