Bursa Malaysia: Invest Malaysia To Attract Over 500 Delegates, AUM Over RM56.7 Trillion

KUALA LUMPUR, Invest Malaysia 2024 is expected to attract over 500 delegates, including foreign fixed income, equity, and private equity investors, with a combined asset under management (AUM) of over RM56.7 trillion.

In a statement today, Bursa Ma…

Securities Commission Releases Updated Investor Alert List

KUALA LUMPUR, The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes.

The regulator said some entities in the list might impersonate legitimate entities, …

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favo…

Fed Rate Cut Impact Propels Gold Futures To Close Higher

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.

The September 2024 gold futures contract rose to US$2,624.50 per tr…

Menlo Security Named Leader For Secure Enterprise Browsing In GigaOm Radar Report

KUALA LUMPUR, Menlo Security, the pioneer of Secure Enterprise Browsers, has announced its position as a Leader and Fast Mover in the GigaOm Radar Report for Secure Enterprise Browsing.

Specifically, GigaOm recognised Menlo Security’s Secure Enterp…

Johor Allocates Almost RM1 Million To Address Flood Problems In Kluang

KLUANG, The Johor government has disbursed RM910,840 this year to overcome flood problems in the Kluang district, involving work on Sungai Melantai and Sungai Mengkibol.

State Public Works, Transport, Infrastructure and Communications Committee chai…

Akwel Anticipates Minor Sales Drop For Current Fiscal Year

KUALA LUMPUR, AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)

Meanwhile, revenue for the f…