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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.

Ringgit Expected to Remain Strong, Says AMRO Chief Economist

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.

Producer Price Index Eases By 1.9 Pct In 2023 - DoSM

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).

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.

Sunway Shares Up On Plan To Acquire Cheras Land For RM320 Mln

KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.

Plus Xnergy Advocates For Policies To Accelerate Solar Adoption In Budget 2025

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.

Budget 2025: Hoteliers Urge Govt To Address Low Room Rates Despite Rising Operational Costs

KUALA LUMPUR, Oct 3 (Bernama) -- The hotel industry is calling on the government to address persistently low room rates and rising operational costs for the upcoming Budget 2025 to be tabled on Oct 18.

TNG Digital Urges Govt To Extend SST Exemption For Digital Services

KUALA LUMPUR, Oct 3 (Bernama) -- TNG Digital Sdn Bhd, operator of TNG eWallet, has urged the government to extend the sales and services tax (SST) exemption on digital services in Budget 2025.

Bursa Malaysia Rebounds To Open Higher

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia staged a rebound from yesterday's losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst.

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, Oct 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trade today.

CPO Futures Close Higher Amid Rising Tension In The Middle East

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 2 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher on Wednesday due to the escalation of tension in the Middle East, said a dealer.

Cebu Pacific Signs Purchase Agreement For Up To 152 A321 Neos, Valued At US$24 Bln 

From Kisho Kumari Sucedaram

MANILA, Oct 2 (Bernama) — Cebu Pacific, the Philippines' low-cost carrier, has signed a landmark purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF engines.