Malaysian Franchises Penetrate Central Asian Market, Kazakhstan Strategic Gateway To Eurasia

PUTRAJAYA, Sept 23 (Bernama) -- Malaysia is taking a new step to penetrate the Central Asian market by bringing local franchises to Kazakhstan as a strategic gateway to Eurasia, a move expected to boost export value, attract foreign investment and create more high-value jobs.

Nasi Lemak, ASEAN Fruits Among Culinary Diplomacy Highlights At AEM Meeting

KUALA LUMPUR, Sept 23 (Bernama) --  The country’s iconic dish, nasi lemak, along with fruits from Malaysia and neighbouring ASEAN countries, such as salak and mata kucing, are among the culinary diplomacy highlights that have added flavour to this year’s ASEAN Economic Ministers’ (AEM) Meeting.

ASEAN Must Boost Interdependence, Trade, Investments For Long-term Economic Survival

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's role as the chair of ASEAN in promoting trade and investment in Southeast Asia, as well as deepening integration through greater interdependence, is crucial for its long-term economic survival amid the uncertainties of the international marketplace.

Ringgit Extends Gains On RON95 Subsidy Reform

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.

FBM KLCI Ends Higher On Gains In Construction, Financial Stocks

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 22 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Monday, supported by sustained buying of heavyweight counters in the construction, utilities and financial services sectors.

Targeted RON95 Subsidies A Landmark To Narrow Fiscal Deficit, Strengthen Debt -- Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.

Malaysia Agrees To Exempt Some Palestinian Food Products From Duties -- Tengku Zafrul

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia has agreed in principle to exempt some Palestinian agricultural and food products from customs duties, the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.

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.

Ringgit Retreats Against Greenback As Markets Reassess US Interest Rate Outlook 

By Anas Abu Hassan

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit retreated against the greenback at the close on Thursday as investors reassessed the US interest rate outlook following the US Federal Reserve's (Fed) interest rate cut on Wednesday, an economist said.

C1 Fund Secures Seven Investment Agreements Following IPO 

KUALA LUMPUR, Sept 18 (Bernama) -- C1 Fund Inc (Fund), a registered closed-end investment company, has announced the signing of seven investment agreements in the weeks following its Aug 7 initial public offering (IPO).

Banks Offer To Defer Instalments For Sabah Flood, Landslide Victims

KUALA LUMPUR, Sept 18 (Bernama) -- Bank Rakyat is offering to defer instalments for six months for individual and business customers affected by the recent floods and landslides in several districts in Sabah.