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Affin Bank Upbeat On Malaysian Economy Amidst Low Global Recession Possibility

GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.

Worldcoin Introduces Proof Of Personhood Pilot In Malaysia

KUALA LUMPUR, Sept 24 (Bernama) -- The Worldcoin Foundation is expanding the availability of proof of personhood services to include a pilot or a beta testing phase in Malaysia.

Encouraging July Economic Performance Driven By Real Imports Of Semiconductors - DOSM

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia witnessed encouraging economic performance in July 2024, with the leading index (LI) registering 5.2 per cent, reaching 115.1 points as compared to 109.4 points in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

AirAsia Cambodia’s Siem Reap-Singapore Route To Propel the Kingdom’s Aviation Sector

From Vijian Paramasivam

PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.

Ringgit Opens Higher Vs US Dollar, Revisits RM4.19 Level

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.

MRC Projects Exports Of Rubber, Related Products To Exceed RM30 Bln

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports could exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).

Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Cropmate Gets Bursa's Nod To List On Ace Market

KUALA LUMPUR, Sept 23 (Bernama) -- Specialty fertiliser company Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing. 

Bursa Malaysia: Invest Malaysia To Attract Over 500 Delegates, AUM Over RM56.7 Trillion

KUALA LUMPUR, Sept 23 (Bernama) -- Invest Malaysia 2024 is expected to attract over 500 delegates, including foreign fixed income, equity, and private equity investors, with a combined asset under management (AUM) of over RM56.7 trillion.

Bursa Malaysia Ends Easier Amid Consolidation Mode   

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst. 

Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO

BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.

LYB Starts Constructions Of Advanced Recycling Plant In Germany

KUALA LUMPUR, Sept 23 (Bernama) -- LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.