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Bursa Malaysia ends higher on Budget 2025 optimism

Bursa Malaysia ends higher on Budget 2025 optimism

The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
Bursa Malaysia opens higher, tracking Wall Street performance

Bursa Malaysia opens higher, tracking Wall Street performance

Turnover stood at 119.77 million units, valued at RM42.94 million.
Thu Oct 10 2024
Ringgit opens higher against US dollar on firmer oil prices

Ringgit opens higher against US dollar on firmer oil prices

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.
Mon Oct 07 2024
Children rescued from GISB face PTSD, higher risk of mental health issues - Experts

Children rescued from GISB face PTSD, higher risk of mental health issues - Experts

To make matters worse, all of the victims were deprived of the opportunity to get an education, casting a dark shadow over their future.
Wed Oct 02 2024
Ringgit opens higher against weakening US dollar

Ringgit opens higher against weakening US dollar

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
Malaysia will still benefit under Trump or Harris' policies due to trade diversion, reshoring

Malaysia will still benefit under Trump or Harris' policies due to trade diversion, reshoring

Rubber gloves may benefit from higher medical demand under Kamala Harris, said CIMB Securities in its Equities Research note.
Fri Sep 06 2024
Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.
Fri Sep 06 2024
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.
Wed Sep 04 2024
[COLUMNIST] Cultivating creativity in children: Fostering originality and innovation

[COLUMNIST] Cultivating creativity in children: Fostering originality and innovation

Creative children will have better self-esteem, be more self-disciplined, and show higher aspirations and motivation.
Tue Sep 03 2024
Bursa rebounds higher as heavyweights recover from previous losses

Bursa rebounds higher as heavyweights recover from previous losses

FBM KLCI climbed 4.54 points to close at 1,682.73, up from 1,678.19 on Monday.
Tue Sep 03 2024
Ringgit easier against US dollar but higher versus other major currencies in early trade

Ringgit easier against US dollar but higher versus other major currencies in early trade

Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.
Mon Sep 02 2024
Displaced Gaza student tries to study despite destruction of universities

Displaced Gaza student tries to study despite destruction of universities

The war has destroyed all 12 of the higher education institutions in the Gaza Strip, according to Palestinian official data.
Sat Aug 24 2024
Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 0.17 per cent or 2.83 points compared with Tuesday's close of 1,609.52.
Wed Aug 14 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024