SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid firmer US dollar sentiment.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
KUALA LUMPUR, Jan 30 (Bernama) -- Bank Negara Malaysia (BNM) has announced the appointment of former Federal Court judge Datuk Zabariah Mohd Yusof as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Feb 1, 2026.
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
BANGI, Jan 29 (Bernama) -- Food and support services company Desatera Sdn Bhd is currently developing a major expansion initiative, and the new business direction should be revealed by June this year, said chief executive officer Datuk Feizal Nor Nurbi.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.
KUALA LUMPUR, Jan 29 (Bernama) -- Hydrostor, a global long duration energy storage (LDES) developer and operator, and Baker Hughes, an energy technology company, have announced a strategic technology solutions and equity agreement to advance large-scale energy storage projects.
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd recorded a net profit of RM250.16 million for the financial year ended Dec 31, 2025 (FY2025), down from RM310.12 million in the preceding year following a decline in securities trading volume.
KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.
KUALA LUMPUR, Jan 28 (Bernama) -- Small and medium enterprises (SMEs) should be a key focus in efforts to deepen Malaysia-India economic ties, as India offers vast market opportunities for Malaysian businesses seeking to expand overseas, said ASEAN-India Economic Council chairman Datuk Ramesh Kodammal.
