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Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

Govt Duly Considers All Infrastructure Development Applications - Lim

BATU PAHAT, Oct 1 (Bernama) -- The government takes into careful consideration every application for infrastructure development funding in budget planning and policy implementation, said Deputy Finance Minister Lim Hui Ying.

Stronger Ringgit Boosts Consumer, REITs And Plantation Sectors On Bursa Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.

MIDF Research Expects Malaysia's Positive Economic Growth Momentum To Sustain

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024. 

Finance Professionals Urged To Address Wage Inequality For Sustainable Business Practices

KUALA LUMPUR, Oct 1 (Bernama) -- Finance and accountancy professionals must confront wage inequality and take a leading role in promoting sustainable business practices, according to a report published by ACCA Global, Shift, and Forvis Mazars.

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Maritime Industry Seeks Budget 2025 Incentives For Growth And Decarbonisation

KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.

Budget 2025: KLSICCI Proposes Inclusive Measures For MSMEs To Lift Economic Growth

KUALA LUMPUR, Oct 1 (Bernama) – The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has submitted several proposals to the Finance Ministry for Budget 2025 to lift and empower micro, small, and medium enterprises (MSMEs) while promoting inclusive economic growth in line with the MADANI Economy framework.

Ringgit Marginally Higher Vs US Dollar At Opening

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.

Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.