Government Takes Immediate Steps To Strengthen GLC, GLIC Governance -- Anwar

KUALA LUMPUR, Oct 27 (Bernama) -- The government is taking immediate steps to strengthen the governance of government-linked companies (GLCs) and government-linked investment companies (GLICs), including a proposal to introduce legislation governing state-owned entities, Prime Minister Datuk Seri Anwar Ibrahim said.

GEAR-uP Implementation On Schedule, Investments Expected To Rise End-2026 -- PM Anwar

KUALA LUMPUR, Oct 27 (Bernama) -- The implementation of the GEAR-uP programme remains on schedule, with investments expected to rise towards the end of this year and end-2027, Prime Minister Datuk Seri Anwar Ibrahim said today.

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.

Lufthansa Resumes Kuala Lumpur-Frankfurt Direct Flight Service

SEPANG, Oct 26 (Bernama) -- Lufthansa Airlines today launched its nonstop service between Kuala Lumpur and Frankfurt, Germany, restoring a direct air link between the two cities after nearly a decade.

Bursa Malaysia Ends Lower On Selling In Utilities, Banking Heavyweights

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.

Malaysia Well Positioned To Play Key Role As Regional Data Centre Hub - Moody's Ratings

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia is well positioned to play a key role as a regional data centre hub if it can maintain its competitive advantage, Moody’s Ratings said.

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets. 

Ringgit Expected To Trade In Narrow Range Vs Greenbback Ahead Of Fed Meeting Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

CelcomDigi Unit Proposes RM10 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 23 (Bernama) -- CelcomDigi Bhd’s wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CelcomDigi Tel), has proposed to establish a Sukuk Murabahah programme of up to RM10 billion in nominal value to fund corporate requirements and refinancing.

Ringgit Ends Easier Vs US Dollar Amid AI-Related Share Price Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.

Bursa Malaysia's Key Index Ends At Intraday High On Selective Buying In Heavyweights

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the week on a flattish note, although the benchmark index managed to finish marginally higher as selective buying in index heavyweights helped offset cautious sentiment ahead of the weekend, said an analyst.