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MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).

LCR Expects To Improve, Supporting NIM Recovery - Maybank IB

KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).

Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct

KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025. 

Perak Aims To Become Major Global Halal Gelatine Industry Player

IPOH, Sept 17 (Bernama) -- The Perak state government, through the Perak State Agricultural Development Corporation (Perak SADC), has signed a joint venture (JV) agreement with Pakistani halal gelatine manufacturer Leiner Gelatine Sdn Bhd to grow the state’s halal gelatine industry.

MIHAS To Make Dubai Global Debut In November, Targets Rm1 Bln Sales — Tengku Zafrul

KUALA LUMPUR, Sept 17 (Bernama) — The Nov 18-20 Malaysia International Halal Showcase (MIHAS) will make its international debut at MIHAS@Dubai with an export sales target of RM1 billion.

ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

NCIA Facilitates JV Agreement Between Yenher And Danish Company Involving RM75 Mln Investment

GEORGE TOWN, Sept 14 (Bernama) -- The Northern Corridor Implementation Authority (NCIA) has facilitated a joint venture agreement between Yenher Holdings Bhd and Danish firm Fermentationexperts A/S (FE) to form YH European Protein Asia Sdn Bhd (YHEPA).

India Hikes Import Tax On Palm Oil, Other Edible Oils By 20 Pct

By Shakir Husain

NEW DELHI, Sept 14 (Bernama) -- India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers.

India Removes Minimum Price Restriction On Basmati Rice, Onion Exports

By Shakir Husain

NEW DELHI, Sept 14 (Bernama) -- India has removed the minimum price bar for basmati rice and onion exports, with the country's trade minister hailing the decision as beneficial to farmers.

Bursa Malaysia Set To Consolidate Next Week Amid Strength In Global Equities

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia is expected to consolidate within the 1,630-1,670 range next week, offering accumulation opportunities and potentially setting the stage for an upward move as market sentiment improves.

MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence

KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence.