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Robust 1H 2024 Domestic Investments Show Country Not Dependent On Foreign Investments -- MIER

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s RM160 billion approved investments in the first half of 2024 (1H 2024), comprising RM85.4 billion in domestic investments (DI) and RM74.6 billion in foreign investments (FI), showed that the country is not overly dependent on FI to stimulate its economy.

CPO Futures End Higher On Worries Over Tighter Supply Due To Weaker Production

KUALA LUMPUR, Sept 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday due to worries over weaker production of the commodity that might affect its supply, said a trader.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

PKNS Allocates RM0.5 Mln To Help Entrepreneurs Participate In International Exposition

KUALA LUMPUR, Sept 19 (Bernama) -- The Selangor State Development Corporation (PKNS) has allocated more than RM0.5 million to help potential entrepreneurs participate in international exposition in the country to expand their businesses. 

Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point. 

Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan

CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Trade Rises 18.6 Pct To RM252.65 Bln In August, Fastest Growth Rate In 22 Months

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).

HR Gradual Changes, Strategic Shifts Expected In Next 12 To 18 Months - Study

KUALA LUMPUR, Sept 19 (Bernama) -- People Matters, a people and work community platform, in its  study on largest human resources (HR) industry in Asia Pacific (APAC) and Middle East (ME), highlighted the evolving state of HR and the strategic shifts expected in the next 12 to 18 months.

AirAsia, Airbus Partner For ASEAN Aviation Sustainability

From Soraya Jamal

BALI, Sept 19 (Bernama) -- AirAsia today announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives aimed at reducing carbon emissions in the ASEAN region.

AM Best Maintains Stable Outlook On China's Non-life Insurance Segment

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on China’s non-life insurance segment, citing several factors that include a supportive regulatory environment, increased health insurance awareness and strong growth potential in the electric vehicle (EV) insurance market.

SMART Modular Technologies Flash Memory Drives Feature SEU Mitigation For Remote Applications

KUALA LUMPUR, Sept 19 (Bernama) -- SMART Modular Technologies Inc (SMART), a division of SGH announced a proprietary technology to mitigate the adverse impact of single event upsets (SEUs) in high-reliability flash-memory based systems.