New Customised Incentive Mechanism Set To Support Investments In Malaysia’s Automotive Sector - MITI

KUALA LUMPUR, Sept 9 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism (NCM), aimed at providing a more transparent and attractive tax and incentive structure to strengthen Malaysia’s automotive industry.

AmBank To Continue Supporting Chinese Banks, Investors To Bring FDI Into Malaysia

KUALA LUMPUR, Sept 9 (Bernama) -- AmBank Group will continue to strengthen its strategic partnerships with Chinese banks such as China Construction Bank (CCB), Industrial and Commercial Bank of China (ICBC) and Bank of China, as well as leading Chinese entities to support the inflow of foreign direct investment (FDI) into Malaysia.

Ringgit Ends Higher Ahead Of Revision Of US Employment Figures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 9 (Bernama)  -- The ringgit ended higher against the American dollar on Tuesday as the greenback extended its decline following the weak US jobs report on Friday and ahead of a revision in US job growth figures for the 12 months through March later today.

Bursa Malaysia Rebounds As Late Buying Offsets Profit-taking

KUALA LUMPUR, Sept 9 (Bernama) -- The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

Stocks On Bursa Malaysia Mixed At Lunch Break

KUALA LUMPUR, Sept 9 (Bernama) -- Stocks on Bursa Malaysia turned mixed at lunch break, with the key index losing 0.11 per cent while the wider market remained in positive territory, with investors focused on the US Federal Reserve’s rate-cut trajectory.

MIDA Connects Capital With Ideas To Power Malaysia’s Economic Transformation

KUALA LUMPUR, Sept 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has reinforced its pivotal role in advancing Malaysia’s bid to be ASEAN’s hub for innovation, sustainability and advanced industries by linking businesses with investors via its Investment Pitching Day 2025.

Ringgit Closes Firmer On Weak US Nonfarm Payrolls Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed higher against the US dollar today as the greenback weakened following a disappointing United States labour market report released last Friday.

Islamic Finance Must Leverage Climate Action, Digital Inclusion, Islamic Innovation To Benefit World -- SC Chair

KUALA LUMPUR, Sept 8 (Bernama) -- Islamic finance must leverage three key drivers, mainly climate action, digital inclusion and Islamic innovation, to serve a higher purpose for Malaysia, Oman and the rest of the world, said Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.

Large-Cap Buying, Regional Cues Push Bursa Up 0.47 Pct At Close

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed 0.47 per cent higher today as investors shifted their focus to large-cap stocks while tracking key regional indices.

FBM KLCI Firmer At Midday, Broader Market Remains Positive

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia’s benchmark index rose 0.54 per cent at lunch break, while the broader market also remained in positive territory as investors chased regional peers after a quiet week, focusing on selected counters.

Bursa Malaysia Seen Trading Range-bound With Upside Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 6 (Bernama) -- Bursa Malaysia is expected to remain range-bound with a slight upward bias next week, as investors await new catalysts to determine the market’s direction.

Ringgit Ends Slightly Lower Against US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.