17m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index extended its decline to close below the 1,600 support level as persistent foreign selling weighed on banking heavyweights, said an analyst.
1h ago
KUALA LUMPUR, Oct 19 (Bernama) -- Cybersecurity firm Horizon3 is setting up its ASEAN headquarters and a regional centre of excellence in Singapore, backed by new investments from EDBI and its parent, SG Growth Capital, the investment platform set up by the Singapore Economic Development Board and Enterprise Singapore.
2h ago
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.
2h ago
By Kenny Teng
BANGKOK, Oct 19 (Bernama) -- Malaysia’s message at the International Monetary Fund (IMF)-World Bank Group Annual Meetings here is clear: the country is back in business, backed by political stability, policy clarity and sustained reforms that are strengthening investor confidence amid global uncertainty.
4h ago
By Nurunnasihah Ahmad Rashed
KUALA LUMPUR, Oct 19 (Bernama) – The government’s financial exposure to Digital Nasional Bhd (DNB) has been reduced to zero following the completion of its RM5.2 billion financing facility, with the company expected to be fully self-financed going forward, Communications Minister Datuk Seri Fahmi Fadzil said.
5h ago
PUTRAJAYA, Oct 19 (Bernama) -- The government continues to shoulder debt obligations inherited from previous administrations, including liabilities linked to 1Malaysia Development Bhd (1MDB), while working to reduce its reliance on new borrowing, said Prime Minister Datuk Seri Anwar Ibrahim.
5h ago
KUALA LUMPUR, Oct 19 (Bernama) -- Digital Nasional Bhd (DNB) has completed its RM5.2 billion syndicated Islamic term financing facility, it said in a statement here today.
6h ago
KUALA LUMPUR, Oct 19 (Bernama) -- Digital Nasional Bhd (DNB) will work with its mobile network operator shareholders, customers and technology partners to accelerate 5G adoption and bring practical solutions to market, helping businesses improve efficiency, reduce costs and reach wider markets.
7h ago
KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia was among Asian markets that recorded net foreign institutional outflows last week, with foreign institutions extending their net selling streak on Bursa Malaysia to four consecutive weeks, amounting to RM270.2 million (US$1=RM4.0790), according to MBSB Investment Bank Bhd (MBSB IB).
8h ago
KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index eased in early trade on Monday, tracking losses on Wall Street last Friday amid a sell-off in technology and artificial intelligence-related stocks.
1d ago
By Kenny Teng
BANGKOK, Oct 18 (Bernama) -- Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- Alumni bodies have been urged to strengthen their support for schools, with Finance Minister II Datuk Seri Amir Hamzah Azizan highlighting the tax incentive announced in Budget 2027 for contributions towards such efforts.