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Household Spending To Grow By 5 Pct  Y-o-y Over 2025 To RM952.6 Billion - BMI

KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

Ringgit Opens Marginally Higher versus US Dollar, Traders Await Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.

Malaysia Needs RM85.7 Bln R&D Investment To Achieve NSTIP 2021-2030 Targets - MOSTI

KUALA LUMPUR, Oct 17 (Bernama) -- A total investment of RM85.7 billion in research and development (R&D) is required to achieve the targets set by the National Science, Technology and Innovation Policy (NSTIP) 2021-2030, according to the Ministry of Science, Technology, and Innovation (MOSTI).

Taiwan Seeks 10,000 Engineers Annually To Strengthen Its Semiconductor Sector

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan is seeking 10,000 semiconductor and related industry engineers each year to support its role as a main hub for the semiconductor industry, with Taiwan Semiconductor Manufacturing Co (TSMC) being a key player.

Malaysia Actively Seeks BRICS Support For Membership - Liew

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia is actively seeking support from BRICS member countries for its bid to join the economic bloc, Deputy Investment, Trade and Industry Minister Liew Chin Tong said.

Ringgit Opens Marginally Higher Vs USD Amidst Global Interest Rate Cuts Gaining Momentum

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, with the US Dollar Index (DXY) increasing by 0.2 per cent to 103.47 points, as global interest rate cuts gained momentum, while the United States (US) Federal Reserve seemed hesitant to follow suit.

Kuala Lumpur Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- The Kuala Lumpur rubber market closed mixed amid weaker advice from the regional rubber futures markets.

Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew

By Zarul Effendi Razali

HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Allianz Life Extends Coverage For Critical Illness Riders

KUALA LUMPUR, Oct 16 (Bernama) -- Allianz Life Insurance Malaysia Bhd has launched the Complimentary Multi-Claim Critical Illness (CI) coverage campaign, which provides its customers with a vital safety net not just for their first CI diagnosis but for future diagnoses as well.

Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.