CIMB Investment Expects Ringgit To Appreciate Below 4.30 Against US Dollar

KUALA LUMPUR, The ringgit may fall below its fair value target of 4.30 against the US dollar, supported by Malaysia’s export and foreign direct investment (FDI) recovery, according to CIMB Investment Bank Bhd.

In a note, the research bank maintains …

Malaysia Among Top 5 In APAC With Most Users Affected By Online Threats In 2024 – Kaspersky

NEGOMBO (Sri Lanka), Malaysia is among the top five countries in the Asia Pacific (APAC) region with the most users affected by online threats, according to global cybersecurity company Kaspersky.

It said that from January to July 2024, more than a …

Bursa Malaysia Fundamentals Remain Strong, Global Equities Rout Due To Overreaction – Economist

KUALA LUMPUR, Bursa Malaysia’s fundamentals remain strong, even as global equities fall in response to a softer-than-expected US jobs report that heightened recession fears, UOB Kay Hian Wealth Advisors Sdn Bhd head of Investment Research Mohd Sedek …

Weak US Job Data Continues To Push Bursa Malaysia Lower At Midafternoon

KUALA LUMPUR, The weak United States (US) jobs data has continued to push Bursa Malaysia lower at mid-afternoon, in tandem with the sharp downtrend in the regional bourses, especially the Japan’s Nikkei 225 Index.

At the time of writing, Japan’s sto…

Malaysia’s digital investment soars to RM66.22 bln in 1H 2024

PUTRAJAYA, Malaysia’s digital investment soared to RM66.22 billion in the first half of this year (1H 2024), demonstrating robust growth and resilience of the digital economy despite global geopolitical tensions.

Digital Minister Gobind Singh Deo sa…

PTP Hits Another Throughput Record In Handling 1.11 Mln TEUs In July

JOHOR BAHRU, Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and Netherlands-based APM Terminals, has set a new throughput record by handling 1.11 million twenty-foot equivalent units (TEUs) in a single month without experiencing any…

Neurogine MPEX, CB Bank To Provide Myanmar’s MSMEs With Digital Financial Services

LABUAN, Financial tech innovator Neurogine MPEX (L) Ltd has partnered Myanmar’s CB Bank PCL to revolutionise the merchant onboarding process using mobile-centric platform Neurogine nMerchant.

Neurogine chief executive officer Owen Chen said the coll…