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Lenovo Is FIFA's World Cup Technology Partner

KUALA LUMPUR, Oct 16 (Bernama) -- Chinese multinational technology company, Lenovo has been named the official FIFA technology partner, FIFA’s top-tier sponsorship category, at Lenovo’s annual Tech World innovation event in Seattle, United States (US).

Bursa Malaysia Ends Morning Session Lower On Profit-taking

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by profit-taking as markets digested the latest corporate earnings in the United States (US), analysts said. 

Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

Budget 2025: Call For Government To Address Labour Shortage In Automotive, EV Technology

KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.

Bursa Malaysia Opens Mixed But Turns Lower Thereafter

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened mixed today but turned lower thereafter, tracking Wall Street's overnight performance which closed lower after its recent rally, said an analyst. 

Ringgit Up Vs USD On Trump's Tariff Hike Plan

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF

KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

Gold Futures Close Lower On Strengthening US Dollar

KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance.