Malaysia's Official Reserve Assets At US$116.22 Bln As At End-December 2024 - BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM). 

Malaysia Remains Key Data Centre Hub Despite Global Concerns – MIDF

KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.

Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

Bursa Malaysia Ends Lower On Continuous Selling, Deepseek Launch Raises Investor Concerns

By Anas Abu Hassan

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.

Datasonic Unit Bags New Extension To Passport Chips Supply Contract With Additional RM104.78 Mln Contract Value

KUALA LUMPUR, Jan 28 (Bernama) -- Datasonic Group Bhd’s wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), has received a 12-month extension from the Home Ministry to supply Malaysian passport chips to the Immigration Department.

Penang Remains Top Exporter In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Penang remained Malaysia’s top exporter in December 2024, accounting for 38 per cent of the country’s total exports, according to the latest Department of Statistics Malaysia (DOSM) data.

Analysts Maintain Bullish View On Bursa Malaysia Amid Strong Earnings, IPO Pipeline

KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.

KL Rubber Market Closes Lower Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking trends in regional rubber futures markets as traders responded to weak Chinese economic data, a dealer said.

AvePoint Seeks Dual Listing On Singapore Exchange To Expand APAC Presence

KUALA LUMPUR, Jan 27 (Bernama) -- AvePoint, a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading Limited (SGX-ST), in addition to its current Nasdaq Global Select Market listing.

Malaysia Records 27.9 Mln Online Threats For 2024 - Kaspersky

KUALA LUMPUR, Jan 27 (Bernama) -- Global cybersecurity company Kaspersky detected and blocked 27.9 million web threats in Malaysia last year, up four per cent from 2023.

Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.