Foreign Investors Extend Net Selling With US$1.74 Bln Outflow From Asian Markets

KUALA LUMPUR, Oct 27 (Bernama) -- Foreign investors extended their net selling streak to two consecutive weeks across Asian markets last week, recording US$1.74 billion of net foreign outflows.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Modenas Sets 27,000 Unit Annual Sales Goal For Z15GT Supermoped

KUALA LUMPUR, Oct 24 (Bernama) -- Motosikal dan Enjin Nasional Sdn Bhd (Modenas), a subsidiary of DRB-Hicom Bhd, has set an annual sales goal of 27,000 units for its newly launched Z15GT 149.5cc (cubic centimetre) supermoped, the company’s first fully Malaysian-developed model.

Malaysia Poised To Shape Regional AI Policy, Talent Development -- Cognizant

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia can shape regional artificial intelligence (AI) policy and standards to drive cross-border collaboration and talent development across Southeast Asia by leveraging its 2025 ASEAN chairmanship, said Cognizant. 

Gold Futures End Higher, Tracking US COMEX Gains

KUALA LUMPUR, Oct 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, tracking the positive performance of the US COMEX gold market.

ASEAN Must Step Up Services Liberalisation, Trade Facilitation To Deepen Regional Integration - AMRO

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO), the professional regional policy advisory firm, has highlighted advancing services liberalisation, strengthening trade facilitation and internationalising regional firms as vital ingredients for ASEAN to achieve deeper economic integration.

FBM KLCI Ends At Intraday High On Late Bargain Hunting

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at an intraday high today, supported by mild bargain hunting in several key index heavyweights.

Cabotage Flexibility Could Ease Sabah's Shipping Costs

LABUAN, Oct 23 (Bernama) -- A time-bound exemption to Malaysia’s cabotage policy could help ease Sabah’s long-standing shipping imbalance and high logistics costs, drawing lessons from similar policy adjustments in the United Kingdom (UK) and Indonesia.

ATIGA To Hasten Region’s Emergence As Unified Growth Engine, Raise ASEAN's Bargaining Power - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The upgraded ASEAN Trade in Goods Agreement (ATIGA) will further accelerate Southeast Asia’s emergence as a self-reliant and unified growth engine able to stave off headwinds from economic superpower rivalry, an economist said.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.

Digital Policy Alignment Crucial To Unlock Next Phase Of ASEAN-S. Korea Growth 

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Closer policy alignment between ASEAN and South Korea is key to unlocking the next phase of digital-driven growth in Southeast Asia and foster mutually beneficial economic linkages, a technology research expert said.