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Budget 2025 Reflects Govt's Commitment To Fiscal Responsibilty - Khazanah

KUALA LUMPUR, Oct 19 (Bernama) -- The tabling of Budget 2025 by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in Parliament yesterday reflected the government’s sustained commitment to fiscal responsibility and equitable growth while bolstering Malaysia’s resilience against global uncertainties, said Khazanah Nasional Bhd.

Bursa Malaysia Opens Marginally Higher On Cautious Trading

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.

BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Rubber Market Ends Higher, Tracking Regional Futures Markets

KUALA LUMPUR, Oct 14 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets.

Banking Industry Seeks Well-balanced Strategic Initiatives In Budget 2025 - RHB

KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth

LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector. 

Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.