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Govt Channels RM6.35 Bln Financing To Over 260,000 Entrepreneurs Until sept 2024 - KUSKOP

KUALA LUMPUR, Oct 29 (Bernama) -- The government has channelled a total of RM6.35 billion in financing to 265,097 entrepreneurs through the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) until September this year.

Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To Asia

KUALA LUMPUR, Oct 29 (Bernama) -- International real estate technology group Juwai IQI said that Chinese capital is moving away from the Group of Seven (G7) economies and coming back to Asia, especially Southeast Asia, where Malaysia and its neighbours are some of the biggest beneficiaries of the Chinese pivot to Asia.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

More To Come For Johor’s Data Centre Industry – Gobind

KUALA LUMPUR, Oct 29 (Bernama) -- More exciting developments are anticipated in Johor in the near future, particularly in the data centre sector, said Digital Minister Gobind Singh Deo.

IOI Properties To Develop RM12 Bln Rio City Over 12 Years

PUCHONG, Oct 29 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development valued at RM12 billion over 12 years.

Penang Welcomes New Direct AirAsia Route From Shenzhen

GEORGE TOWN, Oct 29 (Bernama) -- Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state's tourism development.

ACE Debutante OB Holdings Eyes Doubling Production Capacity By 2026

KUALA LUMPUR, Oct 29 (Bernama) -- OB Holdings Bhd aims to double its production capacity by 2026 with the completion of its new factory in Serendah, Selangor.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

Dividend Tax Reduced To 2 Pct In Response To MSME Appeals - PM Anwar

KUALA LUMPUR, Oct 29 (Bernama) -- The dividend tax, initially set at five per cent, has been reduced to two per cent after considering appeals, including those from micro, small and medium enterprises (MSMEs), said Prime Minister Datuk Seri Anwar Ibrahim.

FBM KLCI Futures Open Firmer

KUALA LUMPUR, Oct 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened firmer in early trade today.

Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.

Stable Prices Expected Following September PPI Decline - MIDF

KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.