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MIDF Research anticipates Malaysia’s equity market will continue its positive momentum in the second half of this year (2H2024). — Picture by Hari Anggara

MIDF Research: Malaysia’s equity market to continue positive momentum in 2H2024 

According to the Department of Statistics Malaysia, the country recorded foreign direct investment (FDI) net inflows of RM40.4 billion in 2023 from RM75.4 billion the previous year. — Picture by Yusof Mat Isa

Stats Dept: Malaysia's FDI inflow at RM40.4b, direct investment abroad outflow at RM40.6b in 2023

The ringgit is expected to be stronger against the US dollar in the last quarter of 2024, according to Deputy Finance Minister Lim Hui Ying. — Picture by Sayuti Zainudin

Finance ministry: Ringgit expected to be stronger against US dollar in the last quarter of 2024 

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Trend Micro #1 in Vulnerability Disclosure, Helping Prevent Breaches and Save Businesses Millions

Deputy Finance Minister Lim Hui Ying said the appropriate follow-up actions, as provided under the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA), would depend on an assessment of the root cause and impact of the disruptions from the affected institutions. — Bernama pic

Deputy finance minister: BNM may take supervisory actions, impose penalties on banking services outages 

Vietnamese Prime Minister Pham Minh Chinh said on Wednesday the country’s gross domestic product (GDP) growth in the second quarter will be faster than the 5.66 per cent annual growth in the first quarter. — Reuters pic

Vietnam PM says Q2 GDP growth seen faster than Q1

 Malaysia’s air passenger traffic recorded a significant 12.2 per cent year-on-year increase to 8.0 million in May 2024, and a 0.8 per cent month-on-month rise compared to April 2024. — Picture by Hari Anggara

Mavcom: Air passenger traffic surges 12.2pc to eight million in May 2024 

Google’s latest investment highlights Malaysia’s competitiveness, ease of doing business and growing importance as a regional hub for digital innovation, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. — Bernama pic

Tengku Zafrul: Google investment is a testament to Malaysia’s current competitiveness 

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Generali Hong Kong Honored as Marketing Team of the Year at the 2024 Stevie® Awards

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New Home, New Vibes: Senoko Energy Welcomes New Homeowners with special rates and housewarming gifts worth over $10,000

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80% of professionals prepare for job change as a 'career cushioning' tactic amidst Taiwan layoffs and AI development

The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of US price data at the end of the week. — Reuters pic

Steady dollar sends yen to the brink of 160

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.62 points to 1,581.76 from Tuesday’s close of 1,585.38. The benchmark index had opened 1.01 points better at 1,586.39. — Picture by Hari Anggara

Bursa Malaysia opens higher, reverses amid volatility 

At 9am, the ringgit was trading at 4.7065/7095 against the greenback, compared with Tuesday’s close of 4.7035/7070. — Picture by Sayuti Zainudin

Ringgit strengthens on rate hold expectations

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Cantine CECI 1938 Presents 'For the Future Sustainability Project’

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Country and Sector Risk Barometer – June 2024 Turbulence ahead?