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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.

Bursa Malaysia Higher At Midday On China’s Stimulus Support 

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, aligning with regional peers and bolstered by new stimulus measures from China, according to an analyst.

ASEAN Data Centre Market Can Reach US$11 Bln By 2028 - Maybank IB

KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.

CPO Futures Higher On Greater Export Outlook, Slowing Sept Production

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.

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).

Securities Commission Releases Updated Investor Alert List

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes. 

Fed Rate Cut Impact Propels Gold Futures To Close Higher

KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.

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.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

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.