Foreign Investors Continue To Sell Asian Equities, Bursa Malaysia Recorded Smaller Outflow Last Week

KUALA LUMPUR, Nov 11 (Bernama) -- Foreign investors reduced their equity sell-off on Bursa Malaysia last week, resulting in a smaller outflow of RM392 million, in line with the regional trend where other markets also experienced outflows.

Folk Dances, Rhythmic Beats Add Vibrant Colour To Peru's Hosting Of APEC For Third Time

LIMA (Peru), Nov 11 (Bernama) -- Folk dancers, adorned in vibrant costumes and brimming with energy, brought an added splash of colour and spirit to celebrate the Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW) from Nov 14-16, 2024, in the South American nation’s capital city.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

AKWEL Posts Noticeable Drop In Third Quarter Revenue

KUALA LUMPUR, Nov 8 (Bernama) -- AKWEL has reported a consolidated revenue of 757.7 million euros, down 5.2 per cent over the first nine months of this year, compared to same period last year. (1 euro = RM4.73)

Labuan’s IDAC on Track To Achieve US$1 Bln In Shariah-compliant digital Assets

LABUAN, Nov 8 (Bernama) -- Labuan’s Islamic Digital Asset Centre (IDAC), launched in 2022, has marked major milestones, with digital assets now collectively valued at US$820 million.

Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment

KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.

Taobao Malaysia Simplifies International Shopping, From App Navigation To Doorstep Delivery

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 8 (Bernama) -- Taobao Malaysia is introducing a myriad of new service enhancements, making it easier than ever for Malaysians to shop across borders seamlessly. 

CPO Futures Ends Higher Amid Weaker Production Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday amid a weaker production outlook in Malaysia, a trader said.

Narrowing Of Interest Rate Differentials Positive For Ringgit - BNM Governor 

KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM). 

Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM

KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM). 

Govt Adopting Pragmatic Approach In Economic Development - Rafizi

KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.

Rubber Market Ends Mixed Amid Gains In Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.