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Malaysia Stronger Today After Major Fiscal Reforms - SC Chairman

KUALA LUMPUR, Sept 14 (Bernama) -- Malaysia is in a stronger position than a decade ago, thanks to major fiscal decisions by the government, such as subsidy cuts and a focus on economic development, said Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi.

Malaysia, Keralam To Strengthen Economic Cooperation, Trade And Investment

From R.Ratcharathan

KERALAM (INDIA), Sept 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Keralam Chief Minister V. D. Satheesan today discussed efforts to strengthen economic cooperation and facilitate greater trade and investment between Malaysia and India’s southern state, Keralam, formerly known as Kerala.

Gold Futures Close Lower, Tracking Losses In US COMEX

KUALA LUMPUR, Sept 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, following the decline in gold futures on the United States Commodity Exchange (US COMEX).

Akmal Nasrullah: PSC, GSA Signings Cap Successful Two-day Thailand Working Visit

BANGKOK, Sept 14 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir’s two-day working visit to Thailand, which concluded today, has further strengthened bilateral energy cooperation, notably through the signing of new agreements for the development of Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).

Ringgit Ends Higher Against Most Major, ASEAN Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit appreciated against most major and ASEAN currencies at Monday’s close, although it declined against the US dollar.

KLCI Futures Ends Higher, Tracking Cash Market

KUALA LUMPUR, Sept 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Monday in line with the underlying cash market.

NLC Reform Could Unlock Waqf Land Worth Billions For Housing – Idzham

JOHOR BAHRU, Sept 14 (Bernama) – Billions of ringgit worth of underutilised waqf land in Malaysia could be tapped for affordable housing if a clear legal framework is established to facilitate long-term development without transferring ownership of the land, according to real estate practitioner Datuk Idzham Mohd Hashim.

GFM Unit’s Release Order Value Revised To RM104.2 Mln For Pengerang Integrated Complex

KUALA LUMPUR, Sept 14 (Bernama) -- GFM Services Bhd's indirect 60 per cent-owned subsidiary, Shapadu CR Asia Sdn Bhd (SCRA), has received a revised release order (RO) from Pengerang Refining Company Sdn Bhd, raising its estimated value by 56 per cent to RM104.2 million.

FBM KLCI Snaps Four-day Losing Streak, Closes At Intraday High

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.

Yes Group Receives Nod For Listing On Bursa Malaysia's ACE Market

KUALA LUMPUR, Sept 14 (Bernama) -- Customised incentive travel solutions provider Yes Group Management Bhd (Yes Group) has received Bursa Malaysia Securities Bhd’s approval for its listing on the ACE Market.

Rubber Market Ends Lower On Weaker Regional Futures, Softer China Demand

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 14 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures, with Japanese rubber futures extending losses for the fourth consecutive session, a dealer said.

Space42, Viasat To Form Shared Space And Ground Infrastructure Platform

KUALA LUMPUR, Sept 14 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and Viasat Inc have signed an agreement to formally establish Equatys, a shared space and ground infrastructure platform, with the two companies to make an initial equity contribution of up to US$1 billion. (US$1 = RM4.06)