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Tag: Malaysia

Posted on November 9, 2023

Malaysia, Singapore agree to expand financing scope of business development fund

Tengku Datuk Seri Zafrul Abdul Aziz signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund.
Posted on November 9, 2023

Malaysia: Foreign Portfolio outflows surprised to the upside in October – UOB

which fell 1.6% against the USD to USDMYR4.766 at end-Oct. Bank Negara Malaysia’s foreign reserves fell USD1.7bn m/m to USD108.5bn, bringing year-to-date decline to USD6.1bn. The latest reserves …
Posted on November 9, 2023

Malaysia: Foreign Portfolio outflows surprised to the upside in October – UOB

which fell 1.6% against the USD to USDMYR4.766 at end-Oct. Bank Negara Malaysia’s foreign reserves fell USD1.7bn m/m to USD108.5bn, bringing year-to-date decline to USD6.1bn. The latest reserves …
Posted on November 9, 2023

US Anti-Hamas Bill unlikely to destabilise Malaysia’s economy

Hamas International Financing Bill proposed by the United States (US) House of Representatives is not expected to destabilise Malaysia’s economy in the long term. According to Universiti Sains Islam …
Posted on November 9, 2023

Malaysia finance ministry: no intention to peg ringgit, impose foreign exchange controls

KUALA LUMPUR, Nov 1 (Reuters) – Malaysia’s finance ministry on Wednesday reiterated it had no intention to peg the Malaysian ringgit or impose controls on foreign exchange, as the currency …
Posted on November 9, 2023

Anwar says Malaysia fully committed to green energy transition

Prime Minister Datuk Seri Anwar Ibrahim today affirmed the government’s “unwavering dedication” towards green technology, especially in electric vehicles (EV). Anwar, who is also the finance minister, …
Posted on November 8, 2023

STT GDC acquires land in Johor, Malaysia

Founded in 1989, Crescendo is a publicly-listed Malaysian property development firm … provides colocation and managed data center services from two data centers in Malaysia: one in Glenmarie and the …

( read original story …)



Posted on November 7, 2023

Fowl business? Malaysians face higher chicken prices as PM Anwar eyes subsidy cuts

Malaysia’s move to remove blanket chicken subsidies last week has already led to a price spike in premium cuts Anwar has suffered an electoral blowback from cost-of-living issues and risks further …
Posted on November 7, 2023

CGS-CIMB: Malaysia’s economic strategy gains investor confidence but needs swifter implementation

Investors are increasingly believing that Malaysia’s policy direction has improved, but they are still frustrated over delays in the implementation of projects and critical approvals from Parliament …

( read original story …)



Posted on November 7, 2023

Gas Malaysia to allocate up to RM1.4bil for capex to build 800km of pipelines

Gas Malaysia Bhd (Gas Malaysia) will allocate between RM1.2 billion and RM1.4 billion for capital expenditure to build up to 800 kilometres (km) of gas pipelines in Peninsular Malaysia in the next …

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