FBM KLCI Futures Close Mixed
KUALA LUMPUR, Sept 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mixed today.
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Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
FBM KLCI Rebounds On Late Buying To End Higher As Broader Market Falls
By Karina Imran
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.
New Regulatory Framework On CCUS Aims To Make Malaysia A Global Hub - Rafizi
KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia plans to introduce a robust regulatory framework in parliament by November with the aim of establishing Malaysia as a global carbon capture, utilisation and storage (CCUS) hub, said Minister of Economy Mohd Rafizi Ramli.
Accumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 -- Dosm
KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said.
CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week
KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
RHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.
RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.
Bursa Malaysia Opens Higher On Strong Global Sentiment
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.
Ringgit Extends Gains Against Greenback On US Economic Concerns
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.