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SC URGES CONSISTENT HIGH-QUALITY AUDITS FOR PUBLIC INTEREST ENTITIES

July 24, 2024

KUALA LUMPUR, The Securities Commission Malaysia (SC) has urged audit firms to intensify efforts to achieve consistent performance across all public interest entities (PIEs) audit engagements.

In a statement, the SC emphasised the importance of tale…

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5G ROLLOUT TO CONTINUE IN SECOND HALF OF 2024 — HLIB

July 24, 2024

KUALA LUMPUR, Malaysia’s 5G rollout will continue in the second half of 2024, regardless of the political climate, whether in a Single Wholesale Network (SWN) model or a Dual Wholesale Network (DWN) structure, said Hong Leong Investment Bank (HLIB).
…

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BURSA MALAYSIA ENDS ON WEAKER NOTE IN SYNC WITH REGIONAL PEERS

July 24, 2024

KUALA LUMPUR, Bursa Malaysia closed on a weaker note today in tandem with the downbeat regional market performance as investors took profits amid the global sell-off, said Rakuten Trade Sdn Bhd.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shave…

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ONLY 74 PCT OIL PALM SMALLHOLDERS ACHIEVE MSPO CERTIFICATION – KPK

July 24, 2024

KUALA LUMPUR, The Ministry of Plantation and Commodities (KPK) said today the number of private smallholders who achieved Malaysian Sustainable Palm Oil (MSPO) certification was only at 73.88 per cent as of June 30.

During a question and answer sess…

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MALAYSIA FINTECH MARKET VALUE EXPECTED TO REACH US$100 BLN IN THE NEXT FIVE YEARS

July 24, 2024

KUALA LUMPUR, Malaysia’s fintech market value is expected to double up to US$100 billion (US$1 = RM4.6720) in the next five years.

Fintech Association of Malaysia president Wilson Beh said currently the fintech market value is estimated at US$50 bil…

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