| LATEST NEWS | Increase in coal prices has direct impact on electricity generation -- Akmal Nasrullah | Daily peak demand reached 21,949 megawatts on Sept 9, 4.7 per cent higher than the August average - Akmal Nasrullah | Key fuel sources record stronger price pressure in September compared to August, especially crude oil and LNG - Akmal Nasrullah | The government ensures domestic supply chain continues to function, supply of basic necessities sufficient and global cost pressures do not affect the people's well-being -- Akmal Nasrullah | The global supply crisis has shifted from managing temporary shocks to managing economic risks that are expected to persist -- Akmal Nasrullah | |
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Wednesday as investors remain cautious ahead of the United States Personal Consumption Expenditures (PCE) inflation data release tomorrow.
KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today in tandem with the better cash market performance.
KUALA LUMPUR, June 24 (Bernama) -- AEON Credit Service (M) Bhd (AEON Credit) has been fined RM520,000 for failing to to comply with requirements relating to targeted financial sanctions (TFS).
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia finished higher on Wednesday as bargain-hunting activities emerged following recent pullback in the market, analysts said.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, June 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday amid softer crude oil prices and a mixed performance in regional rubber futures markets, a dealer said.
KUALA LUMPUR, June 24 (Bernama) -- The government has no plans to expand the fuel subsidy programme after the recent adjustment in subsidised diesel prices, said Deputy Finance Minister Liew Chin Tong.
GEORGE TOWN, June 24 (Bernama) -- Eden at Botanica CT Sdn Bhd and AIA Pension and Asset Management Sdn Bhd (APAM) have signed a memorandum of understanding (MoU) to integrate Private Retirement Scheme (PRS) solutions into a senior living development, aimed at strengthening financial preparedness among Malaysia’s ageing population.
KUALA LUMPUR, June 24 (Bernama) -- The aerospace and low-altitude economy (LAE) segments could potentially generate RM100 billion in revenue by 2035, driven by emerging opportunities, according to the National Aerospace Industry Corporation Malaysia (NAICO Malaysia).
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia was higher at midday, supported by persistent bargain hunting across most sectors, led by healthcare stocks, analysts said.
KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today hosted the MIDA-GreatAsic Value Chain Programme, highlighting a strategic collaboration between GreatAsic Technology Sdn Bhd and Xenith Technology (Malaysia) Sdn Bhd to strengthen Malaysia’s semiconductor design capabilities.
