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Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

Bursa Malaysia Opens Lower Amid Continued Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, with continued profit-taking capping gains despite an overnight rebound on Wall Street, an analyst said.

New Smart Manufacturing Scheme To Give SMEs, Mid-tier Firms Greater Access To Capital

KUALA LUMPUR, July 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Securities Commission Malaysia (SC) have introduced the Smart Manufacturing scheme to facilitate greater access to capital and support the business growth of small and medium enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.

Bursa Malaysia Ends Lower On Profit-Taking Despite Positive Market Breadth

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.

Bursa Malaysia Lower At Midday As It Tracks Wall St Weakness

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia ended the morning session in negative territory, tracking the weaker performance on Wall Street overnight.

Sabah Collects RM1.38 Bln In State Sales Tax As Of June

KOTA KINABALU, July 21 (Bernama) -- Sabah’s state sales tax collection for the main sectors as of June 30 this year stood at RM1.38 billion, the State Legislative Assembly was told today.

HLIB Optimistic On Sunway Property’s Bayshore Drive Development In Singapore

KUALA LUMPUR, July 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) viewed Sunway Property Bhd’s project in Bayshore Drive, Singapore positively given the attractive acquisition price.

Bursa Malaysia Opens Higher On Renewed Foreign Inflows

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, as renewed foreign inflows are expected to continue supporting the recovery of the FTSE Bursa Malaysia KLCI (FBM KLCI).

Bursa Malaysia Closes Lower On Profit-taking In Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia’s key index closed lower on Monday as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady.

AirBorneo To Expand Operations Across ASEAN, Maintains Rural Air Services

SEPANG, July 20 (Bernama) --  AirBorneo Airways will expand its operations to several destinations across ASEAN while maintaining its responsibility to provide rural air services in Sarawak and Sabah.

KWAP's Performance Needs To Be Evaluated Fairly, It Records RM12.9 Bln Net Profit - PM Anwar

KUALA LUMPUR, July 20 (Bernama) -- The performance of the Retirement Fund (Incorporated) (KWAP) needs to be assessed fairly considering that the retirement fund managed to record a net profit of RM12.9 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Lower At Midday Weighed Down By Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia ended the morning session in the red, weighed down by selling pressure in banking stocks.