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Budget 2027: Economy Ministry Finalising Development Spending Proposals

GEORGE TOWN, Aug 10 (Bernama) -- The Economy Ministry is finalising its development spending proposals for Budget 2027, with its findings and recommendations expected to be submitted to the Ministry of Finance by mid-August.

Bursa Malaysia Ends Marginally Lower as Investors Stay On Sidelines

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said.

AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

Local Institutions Extend Net Buying Streak To Two Consecutive Weeks – MBSB IB

KUALA LUMPUR, Aug 10 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to two consecutive weeks, recording net inflows of RM451.1 million last week, MBSB Investment Bank Bhd (MBSB IB) said.

Malaysia Can Emerge As A Global Pioneer In Shariah-Compliant Digital Finance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia possesses the necessary ingredients to be a global pioneer in Shariah-compliant digital finance, driven by the emergence of blockchain innovation and efforts to develop the world's first Shariah-compliant products within crypto banks, a global mobility entrepreneur said.

Gold Futures Expected To Hover Around US$4,250-US$4,350 Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

SC Approves IOI Properties REIT For Main Market Listing

KUALA LUMPUR, Aug 7 (Bernama) -- IOI Properties Group Bhd (IOIPG) has received the Securities Commission Malaysia’s (SC) approval for the establishment and proposed listing of IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT) on Bursa Malaysia’s Main Market.

Malaysia's Economy Stays Resilient Despite Global Uncertainty - Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- The Malaysian economy remains resilient by recording encouraging growth despite facing global economic uncertainty and geopolitical conflicts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MRCB's Indirect Unit To Dispose Of 14.83-hectare Land In Cyberjaya For RM419.05 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysian Resources Corporation Bhd’s indirect wholly owned subsidiary, Subang Sentral Sdn Bhd, is disposing of 14.83 hectares of land in Cyberjaya, Selangor, to Digital Cosmos (S) Pte Ltd’s wholly owned subsidiary, Digital Cosmos Malaysia Sdn Bhd, for RM419.05 million.

Govt To Continue Efforts To Boost Wealth Of Bumiputera Households Via Various Mechanisms

PUTRAJAYA, Aug 7 (Bernama) -- The government will continue to strengthen the wealth of bumiputera households, particularly among the B40 and M40 income groups, through efforts to increase savings and investment opportunities, as well as skill development to raise incomes.

Bursa Malaysia Ends Week On Softer Note

By Karina Imran

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst.