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Jenny Gim

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News

No New Debt And Debt Reduction To Curb Deficit At 3% Of GDP

Jenny Gim -
The Prime Minister at the beginning of his budget speech vowed not to add on new debts and has reduced the newly incurred debts...
News

Malaysia To Collect RM340 Billion Tax Revenue In 2025

Jenny Gim -
The Prime Minister Datuk Seri Anwar Ibrahim in the third Madani budget announcement revealed that Malaysia has the lowest tax rate, 12.6%, in the...
News

Budget 2025 Preview: Economic Development

Jenny Gim -
Budget 2025, scheduled to be presented at the Dewan Rakyat today at 4pm, is the last budget of the 12th Malaysia Plan (12MP) spanning...
News

Budget 2025 Preview: Greater Fiscal Consolidation Via Reforms

Jenny Gim -
Just hours ahead of the announcement of the 2025 National Budget, consumers and businesses alike are eager to get a glimpse of the fiscal...
News

BOT Cuts Rate By 25-bps Against Prediction

Jenny Gim -
The Bank of Thailand (BoT) on Oct 16 cut the Overnight Repurchase Rate by 25 basis points (bps), bringing the rate down from 2.50%...
News

ABN AMRO Clearing Pays US$300k Fine For Audit Query

Jenny Gim -
ABN AMRO Clearing Bank NV, a subsidiary of ABN AMRO Bank NV, has agreed to pay a fine of nearly US$300,000 (£230,000), according to...
News

Global Chipmaker TSMC Q4 Earning Rises

Jenny Gim -
Asian chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC), has projected a significant increase of revenue in the last quarter of 2024, pushing its shares up...
Markets

Foreign Exchange Rates Oct 17, 2024

Jenny Gim -
The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 17, 2024 (Thursday) provide a comprehensive overview of...
Markets

MPI Advances RM1.06 As Nestle Sheds RM1.50

Jenny Gim -
On the broader market, gainers outnumbered decliners by 634 to 391, 492 counters unchanged and 976 untraded. The total daily trading volume totaled at 2.69...
Markets

Benchmark KLCI Recovers, Closes Above 1640

Jenny Gim -
The Kuala Lumpur Stock Exchange's benchmark index, FBM KLCI, today recovered from yesterday's loss of nearly 10 points, gaining 8.81 points, or 0.54%, to...
News

Value Chain Upgrade And Fiscal Consolidation Crucial For Malaysia

Jenny Gim -
Malaysia should support local firms in moving up the industrial value chain as the government continues with fiscal consolidation and tax reforms, according to...
News

US Alternative Credit Asset Offers Potential ROI Beyond 10%

Jenny Gim -
Alternative Credit, specifically middle market direct lending, is a reasonably new investment offering in the Asia-Pacific (APAC) region which has the potential to award over...
News

Local Firms Urged To Adopt E-invoicing For Business Expansion

Jenny Gim -
The automation of the invoicing processes, or e-invoicing, is more than just cost saving and operational efficiency, it is a catalyst to foster a...
News

Decline in Foreign Inflows Into Malaysian Govt Debts

Jenny Gim -
Foreign fund inflows into Asian government securities markets, including that of Malaysia, have slowed down, according to a Reuters report on Wednesday. Statistics from regional...
Markets

Foreign Exchange Rates Oct 16, 2024

Jenny Gim -
The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 16, 2024 (Wednesday) provide a comprehensive overview of...
Markets

Heineken Adds RM1.26 As KLK Leads Decliners, Losing 46 sen

Jenny Gim -
The Kuala Lumpur stock market today saw active trading of beverage and foodstuff shares. Heineken Malaysia, an alcoholic beer supplier, was the top gainer,...
Markets

Benchmark KLCI Loses Nearly 10 Points, Closes Near 1630

Jenny Gim -
Kuala Lumpur Stock Exchange's benchmark KLCI index today shed 9.34 points, or 0.57%, to close at 1,632.63 points. During the trading day, the...
News

Indonesia’s Trade Surplus In September At Six-month High

Jenny Gim -
Indonesia, the most populous country in Southeast Asia and the third most populous in Asia, recorded a six-month-high trade surplus of US$3.3 billion in...
News

D&O LEDs Thrive Amid EV’s Growing Popularity

Jenny Gim -
D & O Green Technologies Bhd (D&O) to shine brightly in 2024, beamed by its SpicePlus and NagaJo series, also driven by the rising...
News

AI-chip Maker Nvidia’s Market Capitalisation Closing In On Apple

Jenny Gim -
Semiconductor giant Nvidia Corporation is thriving in the US stock market as the company's market capitalisation at one point reached US$3.306 trillion, closing in...
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