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MATRADE Yangon Launches Malaysian Bazaar To Seek Out New Indochina Market

PHNOM PENH, Oct 16 (Bernama) -- Thirty Malaysian companies participated in the Malaysia External Trade Development Corporation’s (MATRADE) multi-sector trade fair in Yangon, Myanmar, recording a potential sales of RM39.1 million.

Xsolla Partners IT Park Uzbekistan To Unlock New Level In Game Development

KUALA LUMPUR, Oct 16 (Bernama) -- Global video game commerce company, Xsolla has signed a memorandum of understanding (MoU) with IT Park Uzbekistan to advance the gaming industry in Uzbekistan.

AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

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.

Bursa Malaysia Lower at Mid-Morning

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia traded lower at mid-morning as sentiments and risk appetites remained subdued after a Wall Street sell-off overnight. 

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in the early trade today, tracking the underlying cash market. 

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. 

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. 

FBM KLCI Futures End Higher

KUALA LUMPUR, Oct 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the underlying cash market performance. 

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.