13MP Aims To Narrow State Gaps By Balancing Development Expenditure -- Amir Hamzah

GEORGE TOWN, Sept 23 (Bernama) -- The implementation of the 13th Malaysia Plan (13MP) emphasises reducing the development gap between states through a more balanced distribution of development expenditure (DE).

Bursa Malaysia Edges Higher On Heavyweight Buying

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia turned slightly higher at midday, lifted by buying in selected heavyweights, particularly in the consumer products and services, as well as utilities sectors.

Bursa Malaysia Opens Higher On Wall Street Gains

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia rose at the open on Tuesday, tracking Wall Street gains after Nvidia Corp announced a partnership with OpenAI and pledged up to US$100 billion in investment.

4tify Projected To Generate US$20 Mln In Bio-material Sales Starting Next Year

GEORGE TOWN, Sept 22 (Bernama) — BioNexus-status company 4tify Sdn Bhd (4tify) is projected to generate annual sales of US$20 million (RM84.2 million) starting in 2026 via the production of bio-materials for local and international distribution.

Malaysia Must Reposition As A Technology Creator - Liew

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

FBM KLCI Ends Higher On Gains In Construction, Financial Stocks

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Monday, supported by sustained buying of heavyweight counters in the construction, utilities and financial services sectors.

ASEAN Must Build And Grow Regional And Global Tech MNCs -- Liew

KUALA LUMPUR, Sept 22 (Bernama) -- ASEAN cannot grow purely on a foreign direct investment (FDI) model but must grow and invest in the region's technology companies to move forward.

Foreign Investors Extends Net Buying On Bursa Malaysia With RM492.1 Mln Inflow Last Week

KUALA LUMPUR, Sept 22 (Bernama) -- Foreign investors have continued to be net buyers on Bursa Malaysia last week, marking the second consecutive week of net buying streak with a net inflow of RM492.1 million, according to MBSB Investment Bank Bhd (MBSB IB).

Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.

Ringgit To Trade Within Tight Range Next Week

By Anas Abu Hassan

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.

FBM KLCI Futures Likely To Consolidate Around 1,600 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to stabilise around the key level of 1,600 as investors take a cautious approach ahead of significant external developments.

Ringgit Ends Lower As Greenback Rebounds

By Anas Abu Hassan

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.