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Govt Tables Procurement Bill To Strengthen Fiscal Management, Curb Leakages - PM Anwar

KUALA LUMPUR, Aug 27 (Bernama) -- The government has proposed the Government Procurement Bill 2025 as a continuation of the Public Finance and Fiscal Responsibility Act 2023 (FRA), which complements the Financial Procedure Act 1957, to further strengthen fiscal management.  

FBM KLCI Closes At Intraday High After Sluggish Session, CI Up 0.40 Pct

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended in positive territory, with the index closing at its intraday high after a sluggish session, buoyed by late buying interest and strong corporate earnings announcements, said Rakuten Trade Sdn Bhd.

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

Ringgit Slips Against Greenback On Profit-Taking Ahead Of US Economic Data Release

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.

Ringgit Slips Against Greenback On Profit-Taking Ahead Of US Economic Data Release

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.

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.

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.

Bursa Malaysia Expected To Continue Uptrend, To Test 1,600 Level Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Aug 23 (Bernama) -- Bursa Malaysia is expected to remain on an upward trajectory next week, testing the psychological 1,600 level, with some profit-taking activity possibly emerging ahead of the long weekend, an economist said.

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 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.