Malaysia Remains Competitive Despite New US Tariff Rates - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia remains in an overall competitive position despite the new tariff rates imposed on the country by the United States.

Bursa Malaysia Ends Lower On Profit-taking, Tracking Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

Bursa Malaysia Closes Above Key 1,600 Level, Tracking Regional Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.

Khazanah Welcomes PAC Recommendations, Reaffirms Commitment To Nation-Building Through Venture Capital

KUALA LUMPUR, Aug 22 (Bernama) — Khazanah Nasional Bhd has welcomed the findings and recommendations of the Public Accounts Committee (PAC) on its (Khazanah) past investment in FashionValet and the broader approach to domestic venture capital (VC) investments, as part of its overall mandate and mission in advancing Malaysia.

Bulls Dominate As Bursa Malaysia Ends At Over 5-month High

By Zarul Effendi Razali

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the week higher, briefly breaching the 1,600 key level during the early session, driven by persistent buying in selected heavyweights, led by telecommunications and media, as well as industrial products and services counters, a dealer said.

Bursa Malaysia Maintains Uptrend, Ends On Positive Note

By Zarul Effendi Razali

KUALA LUMPUR, Aug 21 (Bernama) --Bursa Malaysia reversed yesterday’s losses to continue its upward momentum to close higher, driven by persistent buying in selected heavyweights, amid mixed sentiment in regional markets, a dealer said.

Bursa Malaysia Pares Most Early Losses To Close Marginally Lower

By Zarul Effendi Razali

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said.

Tengku Zafrul Reiterates Difference Between MIDA-Approved Investments And Net FDI Reported By DoSM

KUALA LUMPUR, Aug 19 (Bernama) -- The Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz reiterated that the investment figures approved by the Malaysian Investment Development Authority (MIDA) refer specifically to the compilation of proposed investments that have been approved.

Bursa Malaysia Extends Upward Momentum To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia extended its upward trajectory to close higher today, supported by sustained buying in selected heavyweights, despite cautious sentiment in regional markets, a dealer said.

Bursa Malaysia Ends Higher, Tracking Most Regional Markets

By Zarul Effendi Razali

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia closed higher today, tracking the mostly positive performance of regional markets, supported by continued buying in selected heavyweights, a dealer said.