Government Channels RM5.76 Bln To 261,651 MSME Entrepreneurs - KUSKOP

KUALA LUMPUR, Oct 14 (Bernama) -- The government has channelled RM5.76 billion in financing to 261,651 micro, small, and medium enterprise (MSME) entrepreneurs from January to August this year through the Entrepreneur and Cooperatives Development Ministry (KUSKOP) and its agencies.

Auditor-General: 3,942 Projects Under 12MP In Progress As Of August 26

KUALA LUMPUR, Oct 14 (Bernama) -- A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General.

Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.

CPO Futures Forecast To Trade With Positive Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said. 

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

CPO Futures Snap Three-day Losing Streak To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said. 

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

MCO Climbs Up Chartis Research RiskTech 100 Rankings

KUALA LUMPUR, Oct 11 (Bernama) -- Global compliance software provider MyComplianceOffice (MCO) announced it has climbed to number 44 on the RiskTech100 2025 list of the world's top risk and compliance technology solutions, after being listed among them once again by global research and analysis firm Chartis Research.

Manufacturing Sales Value Rises 7.7 Pct To RM163.9 Bln In August -- DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- The manufacturing sector's August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department (DOSM).

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Wholesale And Retail Trade Sales Rise 4.7 Pct To RM149.2 Bln In August - DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's wholesale and retail trade sector registered a 4.7 per cent year-on-year (y-o-y) growth with total sales of RM149.2 billion in August 2024, said the Department of Statistics Malaysia (DOSM).

Malaysia’s IPI Rises 4.1 Pct In August, Propelled By Manufacturing Sector's Growth

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 4.1 per cent in August 2024, propelled by the moderate growth in the manufacturing sector, said the Department of Statistics (DOSM).