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

August 5, 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…

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

August 5, 2024

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…

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

August 5, 2024

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 …

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

August 5, 2024

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 …

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CIMB Investment Expects Ringgit To Appreciate Below 4.30 Against US Dollar

August 5, 2024

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 …

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