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Khazanah's Market-value-based Leverage To Remain At 30-35 Pct - Moody's Ratings

KUALA LUMPUR, Oct 17 (Bernama) -- Moody’s Ratings expects Khazanah Nasional Bhd's market-value-based leverage to remain between 30 per cent and 35 per cent over the next few years.

InvestCloud Redefines FirstCape’s Wealth Management Via Multi-phase Digital Transformation

KUALA LUMPUR, Oct 17 (Bernama) -- InvestCloud, a global leader in wealth technology, has been selected by FirstCape, New Zealand’s wealth advice and asset management firm, to transform the wealth management experience it delivers for advisors and their clients.

Bursa Malaysia Closes Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting stepped in after yesterday's decline, while investors shrugged off the overall regional market weakness, said an analyst.

SC-Khazanah MoU To Catalyse Mid-tier Companies Access To Capital Market

KUALA LUMPUR, Oct 17 (Bernama) -- The Securities Commission Malaysia (SC) has inked a memorandum of understanding (MoU) with Khazanah Nasional Bhd (Khazanah) to support the growth and expansion of Malaysian mid-tier companies (MTCs).

EY: Central Bank Policies, Geopolitics To Impact Global IPO Market For Rest Of 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY). 

Taiwan Seeks 10,000 Engineers Annually To Strengthen Its Semiconductor Sector

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan is seeking 10,000 semiconductor and related industry engineers each year to support its role as a main hub for the semiconductor industry, with Taiwan Semiconductor Manufacturing Co (TSMC) being a key player.

Saudi Fund For Development Finances Three Projects Worth US$205 Mln In Serbia 

KUALA LUMPUR, Oct 17 (Bernama) -- The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth US$205 million to fund key projects supporting the agriculture, education and energy sectors. (US$1=RM4.29)

Batik Air To Fly To Timor-Leste By First Quarter Of 2025 -- Malaysian Envoy

By Vijian Paramasivam

PHNOM PENH, Oct 17 (Bernama) -- Batik Air will be the first Malaysian carrier to launch flight services between Timor-Leste’s capital Dili and Kuala Lumpur by the first quarter of next year.

MDEC CEO Says Public-private Partnerships Key To Driving Asean’s Digital Economy

KUALA LUMPUR, Oct 17 (Bernama) -- Public-private partnerships (PPPs) are expected to play a crucial role in shaping ASEAN’s future, particularly in driving the digital economy forward as they are the backbone of progress, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO) Anuar Fariz Fadzil. 

Malaysia's AI Roadmap 2021-2025 Achieves 63 Pct Completion Milestone As Of 3Q 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The implementation of initiatives outlined in the National Artificial Intelligence (AI) Roadmap 2021-2025 has reached 63 per cent completion as of the third quarter (3Q) of 2024.

BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by ongoing bargain hunting in selected heavyweights, particularly within the consumer and industrial products and services sectors, analysts said.