Category: General

SME Bank Malaysia Berhad (‘SME Bank’), the lead implementing agency for the Ministry of Entrepreneur and Cooperatives Development’s (‘MECD’) pavilion continues to reaffirm the Bank’s mandate to empower and enable SMEs in the Halal industry by once again participating in the 20th Malaysia International Halal Exhibition (‘MIHAS’) 2024. SME Bank has been a strong supporter of the world’s largest Halal showcase and has actively participated in MIHAS since 2013 and this year’s edition comprised 26 Halal entrepreneurs and 14 local franchise companies. SME Bank’s customers also participated in the exhibition, showcasing their products and offerings at the MECD’s pavilion Source:

Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 6.96 points to 1,672.61 from Thursday’s close of 1,665.65. The benchmark index opened 5.03 points higher at 1,670.68 and moved between 1,669.37 and 1,674.04 throughout the session. Gainers outpaced decliners 663 to 403, with 410 counters unchanged, 1,039 untraded and 32 suspended. Turnover stood at 2.15 billion units worth RM1.72 billion. In a research note today, Hong Leong Investment Bank said the FBM KLCI resumed its uptrend towards short-term resistances at the 1,684-1,710 levels in the

Bursa Malaysia moved higher in early trade today, tracking a rally on Wall Street overnight. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.10 points to 1,670.75 from Thursday’s close of 1,665.65. The benchmark index opened 5.03 points higher at 1,670.68. In the broader market, gainers led decliners 400 to 105, with 273 counters unchanged, 1,697 untraded and 32 suspended. Turnover amounted to 301.88 million shares worth RM224.0 million. Malacca Securities Sdn Bhd expects the local technology sector to track Wall Street’s performance overnight as American tech stocks surged to new highs following the recent US interest

Manila: The Philippines is pushing for the retention of a protocol in the free trade agreement (FTA) in the Association of Southeast Asian Nations (ASEAN) that will protect sensitive agricultural products in the country such as rice and sugar. During the ASEAN Economic Ministers (AEM) Meeting and Related Meetings in Vientiane, Laos from Sept. 16 to 22, Department of Trade and Industry Undersecretary Ceferino Rodolfo conveyed the Philippines’ request to keep the special consideration for rice and sugar with the ongoing review of the ASEAN Trade in Goods Agreement (ATIGA). “The Philippines is not requesting its retention as a trade-restrictive

Manila: Leaders of the House quad committee (Quadcom) on Friday hailed the arrest of Tony Yang, elder brother of former presidential adviser Michael Yang, saying his capture will push the joint panel to dig deeper into illegal drugs and Philippine Offshore Gaming Operators (POGO). Surigao del Norte 2nd District Rep. Robert Ace Barbers said the elder Yang is a crucial figure in exposing the criminal network hiding behind legitimate businesses. ‘This is a major breakthrough in our fight against illegal drugs and organized crime. Tony Yang’s arrest exposes illicit activities disguised as legitimate businesses,” the overall chair of the Quadcom