Ringgit Closes Higher Against Greenback Amid Falling US Bond Yields

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.

Sarawak Makes Significant Progress In CCUS - Abang Johari

KUCHING, Nov 25 (Bernama) -- Sarawak is making significant progress in carbon capture, utilisation and storage (CCUS) to position the state as the CCUS heartland for the Asia Pacific region, said Sarawak Premier Tan Sri Abang Johari Tun Openg. 

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

Bursa Malaysia Expected To Trade In Tight Range Between 1,600 And 1,610 Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.

Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair

KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)

AV AirFinance To Strengthen Global Airline Relations With Executive Appointment

KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.

Bursa Malaysia Ends Higher On Renewed Interest In Selected Heavyweights

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index reversed early losses to end higher today on renewed interest in utilities as well as industrial product and services stocks amid the mixed performance by regional peers.

The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter

KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.

U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi

KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil. 

Integrating Biomethane Into Labuan’s O&G Sector Can Help Malaysia Achieve ESG Goals

LABUAN, Oct 3 (Bernama) -- Bioethanol is emerging as a promising alternative fuel in Malaysia’s oil and gas (O&G) sector, underscoring the nation’s commitment to environmental sustainability.

Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

REHDA Urges Financial Institutions To Introduce Step-up Financing Schemes

KUALA LUMPUR, Oct 18 (Bernama) -- The Real Estate and Housing Developers' Association (REHDA) has called upon financial institutions to take heed of the government’s move to introduce housing projects for the people and introduce their step-up financing schemes.