Vietnam aims to be major regional and international financial centre; move creates new driving forces for development, says PM
Politburo member, Prime Minister Pham Minh Chinh chaired a conference in Ho Chi Minh City on January 4 to announce the Government’s resolution on promulgating action plan to implement the Politburo’s conclusion on developing regional and international financial centres in Vietnam.
Jail for pair linked to bogus scheme with more than 2,000 Singapore investors, over S$13.7mil in losses
SINGAPORE: He was the managing director of a firm called Singliworld which lured more than 2,000 investors in Singapore into an “investment scheme” that promised trading returns as high as 13 per cent per month.
Vietnam offers up to 50% of initial investment costs for semiconductor and AI investors
The Vietnam Government has issued a decree allowing support of up to 50% of initial investment costs for businesses engaging in semiconductor and AI research and development (R&D) projects.
Investors association calls for independent professional inquiry into SingPost’s firing of execs
SINGAPORE: An independent professional inquiry should be called to look into the circumstances that led to Singapore Post (SingPost) firing three of its executives, said the Securities Investors Association (Singapore), or Sias, as shareholders deserve to know what exactly happened.
Vietnam offers up to 50 per cent of initial investment costs for semiconductor and AI investors
HANOI: The Government has issued a decree allowing support of up to 50 per cent of initial investment costs for businesses engaging in semiconductor and AI research and development (R&D) projects.
Marking the return of investor confidence
Bursa’s IPO target surpassed while ringgit strengthened.
Call for govt to do more to curb online financial scams
KUALA LUMPUR: The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade and tourism as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.
Strong financial grasp critical for investors
Malaysian investors looking for opportunities in the real estate sector should consider investing in foreign markets, says an expert.
A strategic year-end investment for a strong financial 2025
AS THE year draws to a close, Malaysians are exploring ways to make the most of their finances.
Wall St Week Ahead: Investors hope for 'Santa Claus' rally
With December so far delivering Scrooge-like returns in an otherwise stellar year for US stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.
Foreign investors offload RM1.07bil on Bursa Malaysia for ninth week running
KUALA LUMPUR: Foreign investors extended their selling spree on Bursa Malaysia for the ninth consecutive week, posting outflows of RM1.07bil last week.
Asian investors wary as China action disappoints; financial markets on cautious note
Financial markets kicked off the week on a cautious note after China’s Finance Ministry briefing at the weekend underwhelmed and a drop in factory prices reinforced concerns about the economy.
MIDA's commitment to investors - a stronger, more unified investment landscape
KUALA LUMPUR: Malaysian Investment Development Authority (MIDA) has hosted a landmark gathering of the nation's most influential investment ecosystem partners, highlighting its commitment to support investors in a stronger and more unified investment landscape.
Italy’s Meloni pledges financial discipline amid budget debates
ROME: Italy’s Prime Minister Giorgia Meloni said she would lead the government responsibly until the end of its mandate as parliament debates a budget aimed at supporting the eurozone’s third-largest economy while trimming its debt.
Foreign investors extend Bursa Malaysia sell-off with RM882.4mil outflow
KUALA LUMPUR: Foreign investors extended their selling streak on Bursa Malaysia for the eighth consecutive week, recording outflows of RM882.4mil — the second-largest weekly outflow in the last six weeks.
China c.bank urges financial institutions to guard against rate risks in bond market
SHANGHAI: China's central bank on Wednesday urged financial institutions to guard against interest rate risks when trading in bonds, signalling discomfort among policymakers over recent frenzied buying that has helped drive yields sharply lower.
Abu Dhabi Global Market plans China roadshow to boost financial ties
Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid ‘overwhelming interest’ in the UAE financial centre.
Secure your financial future and enjoy tax relief in 2024
Principal Malaysia’s RetireEasy solution allows you to boost your retirement fund, while enjoying tax reliefs up to RM3,000 in annual tax relief until 2030.
Lim: Financial Markets Ombudsman Service (FMOS) to be formed by 2025
KUALA LUMPUR: The Financial Markets Ombudsman Service (FMOS) will be established by 2025 to streamline financial dispute resolution for consumers and institutions, says Lim Hui Ying.
MobiKwik IPO gets bids worth $4.7 billion as investors bet on fintech growth, listing gains
(Reuters) - Investors flocked to India's MobiKwik's $67 million IPO with bids for about 120 times the shares on offer, betting on strong listing gains and the fintech company's prospects in a booming online payments market.