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Malaysia Awaits US Findings On Excess Capacity Probe Within Four Weeks -- Johari

KUALA LUMPUR, Sept 1 (Bernama) -- The United States (US) is expected to announce the findings of its investigation into excess capacity involving Malaysia in about three weeks to four weeks, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

IKEA Malaysia Appoints Takeshi Murai As Country Retail Director

KUALA LUMPUR, Sept 1 (Bernama) -- IKEA Malaysia has appointed Takeshi Murai as its country retail director, effective today, succeeding Malcolm Pruys, who has led the Malaysia business since September 2022.

PNB Merdeka Ventures Eyes More Global Brands From India, China And West Asia - CEO

By M.Saraswathi

KUALA LUMPUR, Sept 1 (Bernama) -- PNB Merdeka Ventures Sdn Bhd is stepping up efforts to attract more global brands from India, China and West Asia to its flagship Menara Merdeka Maybank, chief executive officer Datuk Izwan Hasli Mohd Ibrahim said, citing the building’s strong commercial value.

China's Guizhou Builds Integrated AI Value Chain, Eyes Southeast Asian Markets

From Abdul Hamid A Rahman

GUIYANG, CHINA, Sept 1 (Bernama) -- A roughly 40-minute drive from Guiyang to the Gui’an New Area reveals a concentration of technology companies and digital infrastructure that may feel somewhat familiar to a Malaysian visitor, as it bears some resemblance to Cyberjaya.

Malaysian Manufacturing Sector Posts Slight Improvements In August -- PMI Data

KUALA LUMPUR, Sept 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral mark of 50.0 that separates growth from contraction for a third straight month in August.

FBM KLCI Futures Open Lower

KUALA LUMPUR, Sept 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Tuesday.

Bursa Malaysia Pares Gains At Opening On Weak Wall Street Cue

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.

Local Institutions Extend Buying Streak To Five Weeks With RM200.5 Mln Inflow -- MBSB IB

KUALA LUMPUR, Sept 1 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to five consecutive weeks, recording net inflows of RM200.5 million last week, MBSB Investment Bank Bhd (MBSB IB) said.

Ringgit Opens Lower Amid Elevated US Treasury Yields

KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.

RM120 Digital Pivot Helps Coffee Entrepreneur Hit RM4 Mln Sales

KUALA LUMPUR, Aug 31 (Bernama) -- A RM120 investment in a website helped local coffee entrepreneur Mirwan Badri Ahmad Badri turn a pandemic setback into nearly RM4 million in sales within two years.

PM Anwar Announces Six Immediate Measures To Address People's Cost Of Living

PUTRAJAYA, Aug 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced six immediate measures for the people covering fuel subsidies, school maintenance, artificial intelligence (AI), healthcare digitalisation, e-Invoicing and microfinancing, which will take effect on Sept 1.

West Asia Crisis: Govt Monitoring Inflation To Avoid Cost Pressure On The People

KOTA BHARU, Aug 29 (Bernama) -- The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people.