ECERDC Secures RM3.1 Bln In Realised Investments In Terengganu, On Fast Track To Achieve RM4.2 Bln In 2024

KUALA LUMPUR, Oct 4 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM3.1 billion in Terengganu, 98 per cent of which is in the manufacturing sector and the balance in the tourism sector

Bursa Malaysia Lower At Midday, Tracking Weaker Regional Market

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring the weaker performance in the regional markets as sentiments remained cautious due to the Middle East tensions, said an analyst.

IGEM 2024 Expects To Generate RM4.8 Bln Business Leads

KUALA LUMPUR, Oct 4 (Bernama) – The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) is expected to attract 48,000 participants and 480 exhibitors from 48 countries, generating business leads estimated at RM4.8 billion.

Banking System Continues To Be Strong, Well-positioned To Weather Shocks -- HLIB

KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).

Msia: 53 PCT Of E&E, Semiconductor Companies Optimistic On Business Outlook In 4Q

KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).

Bursa Malaysia Suspends Short Selling In Pertama Digital To Oct 7

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia has suspended short selling in Pertama Digital Bhd’s shares to Monday, Oct 7, 2024, at 8.30 am.

Bursa Malaysia Opens Lower

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia opened lower today, retreating from yesterday's gains, driven by mild profit-taking in selected heavyweights amid mixed sentiment in regional markets, according to an analyst.

Ringgit Opens Higher vs Greenback AS Investors Await NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

India To Spend US$1.2 Bln Over Seven Years To Cut Edible Oil Imports

By Shakir Husain

NEW DELHI Oct 4 (Bernama) -- India will spend 101 billion rupees (US$1.2 billion) over the next seven years to reduce its dependence on edible oil imports.

Anwar's Pakistan State Visit Secures RM2.65 Bln In Trade Deals - Tengku Zafrul

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia, Pakistan Leaders Commit To Enhancing Trade And Commerce - Anwar

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 3 (Bernama) -- There is a clear commitment from the leadership of Malaysia and Pakistan to resolve any issues that could impede the flourishing trade and commerce between the two countries, said Prime Minister Datuk Seri Anwar Ibrahim.

Global Air Cargo Demand Grows 11.4 Pct In August 2024 - IATA

KUALA LUMPUR, Oct 3 (Bernama) -- Global air cargo markets demonstrated robust annual growth in demand for August 2024, with cargo tonne-kilometers (CTKs) rising by 11.4 per cent compared to August 2023, according to the International Air Transport Association (IATA).