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Bursa Malaysia: Invest Malaysia To Attract Over 500 Delegates, AUM Over RM56.7 Trillion
KUALA LUMPUR, Sept 23 (Bernama) -- Invest Malaysia 2024 is expected to attract over 500 delegates, including foreign fixed income, equity, and private equity investors, with a combined asset under management (AUM) of over RM56.7 trillion.
Bursa Malaysia Ends Easier Amid Consolidation Mode
By Karina Imran
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst.
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.
Rubber Market Ends Lower In Line With Regional Declines
KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market closed lower today, tracking declines in regional rubber futures markets, amid concerns over a slowing Chinese economy and rising tensions in the Middle East.
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.
Budget 2025: KPK Proposing Initiatives To Strengthen Oil Palm Industry
PUTRAJAYA, Sept 23 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has submitted two proposals to the Ministry of Finance to be considered for inclusion in Budget 2025, namely a revision of the windfall profit levy (WPL) on palm oil and additional allocations for palm oil replanting programmes.
BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.
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.
AirAsia To Add 2,000 Weekly Flights, 150,000 Seats Across 40 Key Routes By Year-end
KUALA LUMPUR, Sept 23 (Bernama) -- AirAsia is expanding its domestic connectivity across Malaysia with the addition of 2,000 weekly flights and 150,000 seats across 40 key routes by the end of the year.
ITMAX System Secures 15-year Smart Parking Contract In Johor
KUALA LUMPUR, Sept 23 (Bernama) -- ITMAX System Bhd’s 65 per cent owned subsidiary, Southmax Sdn Bhd (SSB), has been appointed by the Segamat Municipal Council (MPS) to operate smart parking for 7,637 on-street parking spaces in the district.