Bursa Malaysia Opens Slightly Lower, Tracks Wall Street

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.

Tower B Fully Sold, Tower A Selling Fast As COVO Topping Out Marks 68 Pct Progress

PUTRAJAYA, Sept 23 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) COVO development in 16 Sierra has achieved a major milestone with Tower B fully sold and Tower A selling rapidly.

Kensana Health Secures US$120 Mln Investment Deal With GEM Ahead Of Planned Nasdaq Listing

KUALA LUMPUR, Sept 22 (Bernama) -- Kensana Health Inc (Kensana) announced it has inked a share subscription facility of up to US$120 million with Luxembourg-based alternative investment group GEM Global Yield LLC SCS (GEM), signalling a major financial boost as the company eyes a public listing. (US$1=RM4.20)

Bursa Malaysia Ends Flat Amid Lack Of Fresh Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia wrapped up the holiday-shortened trading week on a slightly weaker note on Friday, remaining below the 1,600 points psychological level amid a lack of fresh leads.

Digital Platforms Key To Startup Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- Digital platforms are a key element for start-up businesses to build resilience and drive sustainable growth, according to industry players.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia failed to maintain the 1,600 level and ended the morning trading session lower, dragged down by persistent selling in most heavyweight counters.

Foreign Investors Turn Net Buyers On Bursa Malaysia With RM223.9 Mln Inflow Last Week

KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors turned net buyers on Bursa Malaysia last week, ending a nine-week selling streak since July with a net equities inflow of RM223.9 million, according to MBSB Investment Bank Bhd (MBSB IB).

Ivan Khong's (Boss A) Journey From Weak Student To E-commerce Entrepreneur

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Sept 12 (Bernama) -- Once dismissed as a weak student, SCE Distributor Sdn Bhd founder Ivan Khong has built a career in refurbished computers and live online sales, earning recognition as the only refurbished computer seller to secure “mall” status on social media.

SST Expanded, Low-value Goods Tax Retained To Ensure Stable Revenue, Fair Competition - Lim

KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.

Bursa Malaysia Rebounds As Late Buying Offsets Profit-taking

KUALA LUMPUR, Sept 9 (Bernama) -- The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

Market Determines Vehicle Prices, Not The Govt -- MITI

KUALA LUMPUR, Sept 4 (Bernama) -- Vehicle selling prices in Malaysia are not controlled by the government and are determined by the market, according to the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia In Negative Territory At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia was in negative territory at midday amid lacklustre trading despite most regional markets performing positively.