<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Mar 6): The international reserves of Bank Negara Malaysia amounted to RM386 billion (US$110.5 billion) as at Feb 27, 2015, up from RM385.9 billion (US$110.5 billion) as at Feb 13.<br />
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In a statement today, the central bank said the reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the short-term external debt.<br />
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The main components of the international reserves are the foreign currency reserves US$101 billion (RM352.71 billion),International Monetary Fund(IMF) reserves position at US$900 million (RM3.14 billion), special drawing rights (SDRs) of US$1.9 billion (RM6.6 billion), gold at US$1.4 billion (RM4.82 billion) and other reserve assets at US$5.3 billion (RM18.51 billion).<br />
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The central bank’s other assets stood at RM6.93 billion as at Feb 27, Malaysian government papers amounted to RM2.33 billion, deposits with financial institutions were at RM1.7 billion, loans and advances stood at RM6.57 billion, and land and buildings were at RM2.11 billion.<br />
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KUALA LUMPUR (Mar 6): The international reserves of Bank Negara Malaysia amounted to RM386 billion (US$110.5 billion) as at Feb 27, 2015, up from RM385.9 billion (US$110.5 billion) as at Feb 13.

In a statement today, the central bank said the reserves position is sufficient to fina...

BNM international reserves up at RM386b

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


KomarkCorp, Topmix, PavREIT, Axis REIT, KIP REIT, Cypark, Crest Builders, Capital A, Gadang, Haily, DXN, Inta Bina, Comfort Gloves, AHB

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<p>The fatal collision between two Royal Malaysian Navy helicopters that killed 10 personnel abroad could be due to a failure in the critical points of the aircraft structure, aviation expert Assoc Prof Maj Dr Mohd Harridon Mohamed Suffian said.</p>


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<p>Chin Hin Group Bhd’s conditional mandatory takeover offer to acquire the remaining shares it does not own in Signature International Bhd has turned unconditional, after it aggregated more than 50% of the voting shares.</p>


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<p>KUALA LUMPUR (April 23): DXN Holdings Bhd posted a 43.23% rise in net profit to RM79.02 million for its fourth quarter ended Feb 29, 2024 (4QFY2024), from RM55.17 million a year ago, on the back of higher revenue.</p>

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<p>The M503-3 Maritime Operations Helicopter (HOM) that was involved in a crash Tuesday morning was used for the first time in the flyby for the 90th Royal Malaysian Navy (TLDM) Anniversary parade.</p>


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<p>Inta Bina Group Bhd has bagged a contract worth RM169.67 million to develop a serviced apartment project in Country Heights.</p>


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<p>Wall Street's main indexes rose on Tuesday as some growth and chip shares gained, while stocks like General Motors and Spotify advanced on upbeat earnings updates ahead of quarterly reports from big technology companies.</p>


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<p>KOTA KINABALU (April 23):&nbsp;A total compensation of RM651 million has been paid to 1,591 landowners and stakeholders involved in the construction of the Pan Borneo Highway project in Sabah.</p>


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<p>US business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly even as input prices rose sharply, suggesting some possible relief ahead as the Federal Reserve looks for signs that the economy is ebbing enough to bring inflation down further.</p>


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<p>Treasury yields dipped after data showed U.S. business activity cooled to ...

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<p>Office furniture maker AHB Holdings Bhd’s foray into the electric vehicles (EV) business has encountered a setback as its planned acquisition of a 51% stake in automotive distributor CAF Motor Sdn Bhd was mutually terminated.</p>


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<p>HHRG Bhd, formerly known as Heng Huat Resources Group Bhd, aims to raise between RM16.1 million and RM18.14 million through a private placement of up to 10% of its expanded issued share capital to yet-to-be identified third-party investors, at a price to be fixed.</p>
