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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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SABAH OFFERS VAST POTENTIAL FOR HALAL INDUSTRY – HDC

July 23, 2024

TAWAU, Sabah has much to offer the halal industry, given its rich reserves of raw materials and semi-finished goods, alongside its strategic geographical advantages, said Halal Development Corporation (HDC) chief executive officer Hairol Ariffein Sah…

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MAYBANK IB SEES RINGGIT RISING TO 4.60 AGAINST US DOLLAR BY YEAR-END

July 23, 2024

KUALA LUMPUR, The ringgit is expected to end firmer at 4.60 against the US dollar by the end of this year, said Maybank Investment Bank Bhd (Maybank IB).

Its group chief economist, Suhaimi Ilias said the forecast of a stronger ringgit follows the US…

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