Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts
KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.
| LATEST NEWS | A total of 75,196 EPF members received RM11.4 mln in government incentives under the i-Suri scheme in 2024 – Amir Hamzah | The total EPF i-Saraan contributions received in 2024 amount to RM2.6 bln from 529,667 members, with a govt incentive allocation of RM114.8 mln – Amir Hamzah | Intel Corporation appoints Malaysian-born Lip-Bu Tan as chief executive officer effective March 18 | Additional audits, due diligence are prerequisites for finalising Sapura Energy's restructuring and RM1.1 bln injection - PM Anwar. | Previous major shareholders no longer manage Sapura Energy, with a new professional team leading its restructuring - Anwar | |
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Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO
BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.
SC Unveils Family Office Incentive Scheme To Boost Investment
KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission Malaysia (SC) today unveiled the framework for a new Family Office incentive scheme designed to enhance Malaysia's investment landscape.
Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).
KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending
PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.
Malaysia's August Inflation Eases To 1.9 Pct - DoSM
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).
Preqin Expects Global Alternative Markets To Surpass US$30 Trillion By 2030
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)
Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.
Gold Futures Likely To Remain Well-supported Next Week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst.
Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week
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.
Bursa Malaysia Set To Trend Higher Next Week
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
MAHB Records 12 Mln Passengers In Aug 2024
KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia Airport Holdings Bhd (MAHB) reported a total of 12 million passengers across its airport network in August 2024.