1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- Preqin in its Future of Alternatives 2029 report forecasted the global alternatives industry to reach US$29.2 trillion in assets under management (AUM) by 2029, from US$16.8 trillion at the end of 2023. (US$1=RM4.20)
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.
1y ago
LABUAN, Sept 23 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has been named the ‘Best International Jurisdiction for Islamic Banking and Finance 2024’ at the 14th Global Islamic Finance Awards (GIFA).
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 20 (Bernama) -- The prestigious Malaysia International Halal Showcase (MIHAS) 2024 Awards returns this year with a new category, the Sustainability Award, recognising efforts in the adoption of sustainable practices in the Halal industry.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- The two-day World Rivers Day celebration, held along the banks of Sungai Tebrau in Johor, starting today, aims to raise awareness about the critical role of rivers and streams, as vital water sources and cherished national treasures.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- SME Bank Malaysia Bhd’s business export programme (BEP) has generated over RM74 million in incremental export sales as of Aug 31, 2024, with 65 per cent of the companies entering new export markets.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- The Energy Commission will issue guidelines as a regulatory framework for industry players and stakeholders interested in participating in the Corporate Renewable Energy Supply Scheme (CRESS), said the Ministry of Energy Transition and Natural Resources (PETRA).
1y ago
By Vijian Paramasivam
KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.