Latest Bursa Malaysia News
Hang Seng Index Futures: Upside Movement Rejected By 20-Day SMA Line – BusinessToday
The HSIF's uptrend was halted at the 20-day SMA line, with the index shedding 277 pts before closing at 18,304 pts. RHB Retail Research, in [more]
Try To Top That, Asia – BusinessToday
Asian markets have a tough act to follow on Monday - their own. On Friday, Asian stocks wrapped up a mixed August with robust weekly [more]
U.S. Stocks Slip Ahead Of Public Holiday – BusinessToday
U.S. stock futures were trading in a right range following a positive week among major benchmark averages, with markets set to remain closed on Monday [more]
ASEAN’s US$20 Trillion Investment Potential Needs Collaboration – BusinessToday
ASEAN member countries need to collaborate to maximize investment potential in the region which is estimated to reach US$20 trillion by 2045, Chairman of the [more]
Indonesia Engages Finland In Making Nusantara Capital A Smart And Happy City – BusinessToday
Indonesia's Nusantara Capital City Authority is collaborating with Finland's Smart City Innovation Cluster (SCIC) to make its new capital Nusantara in East Kalimantan become a [more]
MPI Generali Malaysia Told To Improve Its Screening Process
This comes after BNM fined the group for onboarding sanctioned individuals. Read More
Why TNG Digital Was Fined RM600,000 By Bank Negara?
The ewallet service provider was fined by BNM but it was not about missing credit Read More
MIDF Lowers Hong Leong Financial Group’s FY24/25 Profit Forecast
In terms of segments, Insurance and Associate contributions improved, while the commercial banking segment remained flattish. Investment banking, however, contracted. Read More
NIMP 2030 From Sector Based To Mission Based
The first mission of the NIMP 2030 is to increase economic complexity which is to encourage innovation and production of more sophisticated high-value-added products. Read [more]
PM Leads Delegation For 43rd ASEAN Summit, Bilateral Meetings Include With Kamala Harris
On Tuesday, the prime minister will participate in the 43rd Asean Summit and the opening of the Asean-Indo Pacific Forum, as well as hold meetings [more]
RAM Places KLK and Batu Kawan On Negative Rating Watch
This stems from the KLK's recent announcement on the strategic collaboration agreement with Boustead. Read More
Taiwan Under Attack From Typhoon Haikui, Thousands Evacuated, Flights Cancelled
Taiwan President Tsai Ing-wen told a meeting of disaster management officials this would be the first typhoon to make landfall on the island and cross [more]
S P Setia Makes Maiden Foray Into Sydney With RM200 Million Land Acquisition
The group will be acquiring the land for AUD73.3million (RM220 million) and plans to develop a residential development with secondary commercial and retail use estimated [more]
KPJ Expects Better Earnings In 2H, From Higher Elective Surgeries
The group explained that the sequential weakness in 2QFY23 was due to fewer patients seeking treatment during the festive month. Read More
Controversial Redevelopment Of Shah Alam Stadium Still On Schedule
The controversy surfaced when the cost of redevelopment was about RM800 million which state taxpayers deemed high, however, Amirudin defended the high bill as the [more]
Developer Auto Tech Enhancement, NIMP 2030, Maybank Gains, Rahmah 5G Packages, Among Salient Headlines – BusinessToday
MGB Adopts Automation Tech From Italy For Its Factory In Saudi Arabia MGB Berhad announced that its indirect wholly owned subsidiary, MGB International for Industry [more]
Global EV Shift Pushes Japan’s Midsize Auto Suppliers To Adapt – BusinessToday
Japan's midsize auto suppliers are investing in new talent and production lines in response to surging global demand for electric vehicles, following in the footsteps [more]
NIMP 2030 Can Complement Madani Economy With Skilled Workforce – BusinessToday
The New Industrial Master Plan 2030 (NIMP 2030) can complement the Madani Economy provided the country has a skilled tech-based workforce. Bank Muamalat chief economist [more]
Indonesia’s Provincial Government To Promote Its MSMEs In Malaysia – BusinessToday
The West Nusa Tenggara a provincial government in Indonesia said it will carry out trade missions to help its micro, small, and medium enterprises (MSMEs) [more]
China Raises Its Vehicles Sales Target For 2023 To 27 Million
Car companies have been encouraged to develop and produce products for the international market and increase efforts to explore markets in Belt and Road countries [more]
MCMC Targets To Expand Starlink Service Nationwide
Deputy Communications and Digital Minister Teo Nie Ching said MCMC had ordered 30 high-performance devices and 10 of them had been obtained. Read More
Sustained Traction In O&G Sector With Petronas Ramping CAPEX : Top Picks Yinson, Armada
Petronas' capex spend in 1HFY23 spiked by 13% YTD to RM21.4b - which translates to the group's highest 6M capex spend since 1HFY16. Read More
MBSB Missed 1H Expectations, Long Term Play From MIDF Beckons
Although the group registered a trivial credit cost of 3bps, guidance for full-year readings to stand at 30-35 bps could indicate significantly heftier provisions to [more]
Always Be Sceptical When Receiving Information: Fahmi Says On Cyber Crimes – BusinessToday
The public is advised to always be sceptical when receiving information in the face of threats from cyber criminals or scammers, Communications and Digital Minister [more]