RHB IB Lifts 2024 TIV Forecast To 790,000 Units
KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.
| LATEST NEWS | Japan 7.5-magnitude quake: Fukushima Daiichi, Daini nuclear plants report no abnormalities - Kyodo | Japan halts Tokyo–Aomori bullet train services after 7.5 quake - Kyodo | Japan quake magnitude revised to 7.5; tsunami observed off Iwate and Aomori in the Pacific, Kyodo reported | A powerful 7.4-magnitude quake struck off northeast and northern Japan on Monday, with a tsunami warning issued, media reported | Government considering exemption of import duty and sales tax for re-importation of Malaysian-made goods affected by West Asia conflict until Dec 31, 2026 -- MOF | |
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BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
Empowering Youth Through TVET: Syed Hussien's Key Agenda
KLUANG, Sept 19 (Bernama) -- One of the key agendas of Syed Hussien Syed Abdullah, the Barisan Nasional (BN) candidate for the Mahkota state assembly by-election, is to empower the young people in the constituency through Technical and Vocational Education and Training (TVET).
FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.
MIDA, Alliance Bank Host CBAM Workshop To Explore Sustainable Industrial Practices
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.
Gentrification Of Islamic Finance - More Than Just Shariah Compliance
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
Insurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps - BNM Governor
KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct
KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025.
Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation
KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.
CAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges - Hasbi
KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.
Malaysia To Expand Recognition Of JAKIM’s Halal Certification Through Halal Diplomacy - Ahmad Zahid
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia planned to expand the recognition of the halal certification issued by the Department of Islamic Development Malaysia (JAKIM) from more countries through diplomatic halal cooperation, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.