Ringgit Opens Higher vs Greenback AS Investors Await NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

USIM Expert Highlights Pakistan's ICT Potential For Malaysia

KUALA LUMPUR, Oct 3 (Bernama) -- Industry players in the digital and information and communication technology (ICT) sectors should view Pakistan as a market with significant growth potential for their expertise and innovative products.

CPO Futures Close Mostly Lower On Profit-taking After Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.

Gold Futures End Lower As Greenback Strengthens

KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreat from its gains to end lower on Thursday, weighed down by the US dollar’s stronger performance.

Late Buying Of Blue Chips Lifts Bursa Malaysia Out Of Red

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters.

Proton Retains Second Place In September's Automotive Sales

KUALA LUMPUR, Oct 3 (Bernama) -- National carmaker Proton Holdings Bhd (Proton) remained in second place in the automotive sales rankings for September, with sales of 11,269 units (domestic and export), bringing its year-to-date (YTD) total sales volume to 112,758 units. 

Malaysia's Digital Creative Industry Thriving With Over 300 Studios, RM6.3 Bln In Revenue

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia is currently home to over 300 digital content studios, with more than 180 original intellectual properties (IPs) in animation and gaming, said Digital Minister Gobind Singh Deo.

Domestic Financial Markets Remain Resilient Amid Global Volatility - BNM

KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).

AMRO Lowers ASEAN+3 Growth Forecast For 2024 To 4.2 Pct

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.

Duck Creek Payments Facilitator Provides Seamless End-to-end Insurance Payment Solution

KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.

UPM-NXP Collaboration To Boost Malaysia’s Competitiveness In Global Semiconductor Market

SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry. 

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.