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Yayasan Bank Rakyat Bags 'Community Initiative' Award At ACES 2024

BANGKOK, Nov 15 (Bernama) -- Yayasan Bank Rakyat (YBR) received the ‘Community Initiative’ award at the Asia Corporate Excellence & Sustainability (ACES) 2024 here on Thursday in recognition of its efforts to improve the socioeconomic status of Malaysians.

Govt To Ensure Corridor Authorities' Role Do Not Overlap

KUALA LUMPUR, Nov 14 (Bernama) -- The government will ensure that the economic corridor authorities (PBK) fulfil their role as outlined, without overlapping with the responsibilities of other agencies, said Economy Minister Rafizi Ramli.

MPOGCF Spends RM31.86 Mln Cess Allocation As At October 2024 - KPK

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian Palm Oil Green Conservation Foundation (MPOGCF) has spent 78 per cent of the cess allocation, amounting to RM31.86 million, for tree planting and habitat restoration.

Kuskop Launches New Initiatives For Indian Entrepreneurs

KUALA LUMPUR, 12 Nov (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has launched new initiatives for Indian entrepreneurs, involving additional financing funds totalling RM136 million.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.

Rally In CPO Futures Lifts Bursa Derivatives To Record Monthly Trading Volume In October

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.

BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024. 

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

Chinese Investors Eye Opportunities In Labuan -- Zaliha Mustafa

LABUAN, Nov 4 (Bernama) -- Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors. 

ECERDC To Develop Database To Measure Socioeconomic Progress Of Target Groups - Economy Ministry

KUALA LUMPUR, Nov 4 (Bernama) -- The Ministry of Economy said the East Coast Economic Region Development Council (ECERDC) will implement all recommendations and suggestions in the National Audit Report 2/2024, including establishing a database to measure the socioeconomic progress of target groups.