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Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks. 

Global Passenger Demand Up 7.1 Pct In September, An All-time High -- IATA

KUALA LUMPUR, Nov 1 (Bernama) -- Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

Johor Stands To Gain US$190 Mln Potential Investments From South Korean Firms

JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

Malaysia's Halal Industry Set For Growth Under ASEAN Leadership, Budget 2025

MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.

Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To Asia

KUALA LUMPUR, Oct 29 (Bernama) -- International real estate technology group Juwai IQI said that Chinese capital is moving away from the Group of Seven (G7) economies and coming back to Asia, especially Southeast Asia, where Malaysia and its neighbours are some of the biggest beneficiaries of the Chinese pivot to Asia.

Khazanah Nasional Establishes Jelawang Capital As National Fund-of-Funds

KUALA LUMPUR, Oct 28 (Bernama) -- Khazanah Nasional Bhd has announced Jelawang Capital Sdn Bhd as the National Fund-of-Funds to accelerate the growth of Malaysia’s venture capital ecosystem.

Sabah’s Investor-friendly Policy Attracting More Investors – Hajiji

TUARAN, Oct 28 (Bernama) -- The Sabah government’s investor-friendly policy has shown promising results, with the state now attracting a growing number of local and foreign investors across various sectors.

Penang's Northern TechValley @ BKE Targets High-value Investments - Suling Hill Development

BUKIT MERTAJAM, Oct 28 (Bernama) -- Property developer Suling Hill Development Sdn Bhd today launched the Northern TechValley @ BKE, an industrial park project projected to have a gross development value (GDV) of RM1.3 billion.

GDS Partners Global Suppliers To Bring In RM1 Bln Investment -- MIDA

KUALA LUMPUR, Oct 28 (Bernama) -- Leading developer and operator of high-performance data centres GDS International exchanged memoranda of understanding (MoUs) with global suppliers in a series of partnerships that will bring an estimated RM1 billion investments for integrated factories and service centres.

Partnership With State Govts Key To Reducing Livestock Feed Imports - Johari

KUALA LUMPUR, Oct 28 (Bernama) -- The Ministry of Plantation and Commodities is open to collaborating with state governments to reduce the country’s reliance on imported livestock feeds.