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Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

SC Developing Sukuk Prisma SDG To Fund Climate Adaptation, Resilience

KUALA LUMPUR, Sept 13 (Bernama) -- The Securities Commission Malaysia (SC) is developing a new shariah-based framework, known as Sukuk Prisma SDG, to facilitate non-ringgit sukuk issuances that support climate adaptation, resilience and other national sustainable development priorities.

MAHB Expects Another Three International Airlines Flying To Kuala Lumpur By End-2026

KUALA LUMPUR, Sept 12 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) expects another three international airlines to commence flights to Kuala Lumpur by the end of this year, further strengthening the city’s connectivity as a regional aviation hub.

Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce

KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.

PNB Invests Nearly RM570 Mln Since 1996 To Develop Malaysia's Talent

KUALA LUMPUR, Sept 10 (Bernama) -- Permodalan Nasional Bhd (PNB) has invested nearly RM570 million in education since 1996 through its PNB Scholarship Programme to develop talent that can contribute to the country's progress.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Smallholder Support Key To Strengthening Agri-Commodity Value Chain -- Noraini

PUTRAJAYA, Sept 8 (Bernama) -- Support for smallholders must progress in tandem with efforts to strengthen the entire agri-commodity value chain to ensure that industry growth also benefits these groups, said Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad. 

Bursa Malaysia Opens Lower With Profit Taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day holiday.

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

EB5 Capital Achieves Full Early Repayment Of JF38 Project

KUALA LUMPUR, Sept 7 (Bernama) -- EB5 Capital has announced the full early repayment of JF38 – Hutchinson Island Apartments, a 288-unit multifamily development in Savannah, Georgia.

AM Best Sees Steady Prospects For China’s Non-Life Insurance

KUALA LUMPUR, Sept 7 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.