| LATEST NEWS | Freight vehicle and express bus operators given 14 days from today to settle outstanding traffic summonses - Loke | Malaysia recorded a net inflow of RM51.5 billion in foreign direct investment in 2024, up from RM38.6 billion in 2023 -- DOSM | |
By Danni Haizal Danial Donald
KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.
KUALA LUMPUR, May 20 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is working hard to attract more high-quality investments, especially in strategic sectors such as electrical and electronics (E&E), said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 20 (Bernama) -- Malaysia is set to host the World Islamic Tourism & Trade Expo (WITEX 2025) and the inaugural World Cultural & Arts Festival (WCAF 2025) from Aug 22 to 24 at Sunway Resort Hotel, Bandar Sunway, showcasing a vibrant convergence of Islamic tourism, global trade, culture and the arts.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.
KUALA LUMPUR, May 19 (Bernama) -- The decision on the RON95 fuel subsidy rationalisation plan has been fully handed over to the Ministry of Finance (MoF) following a Cabinet decision, said Economy Minister Datuk Seri Rafizi Ramli.
KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.
KUALA LUMPUR, May 19 (Bernama) -- Six banks signed a letter of intent (LOI) today with the Ministry of Economy, advancing financial facilitation to support the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Datuk Seri Rafizi Ramli.
KUALA LUMPUR, May 19 (Bernama) -- Malayan Banking Bhd (Maybank) has signed a letter of intent (LOI) with the Ministry of Economy to support the Johor-Singapore Special Economic Zone (JS-SEZ) and facilitate up to RM2.35 billion in client investments over the next three to 10 years.
KUALA LUMPUR, May 17 (Bernama) -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).
From Muhammad Muzammil Abdullah
JEJU (South Korea), May 17 (Bernama) -- Malaysia today reiterated its commitment to fostering a resilient, inclusive, and future-ready trade environment during the 31st Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting, which just concluded in Jeju, South Korea.
By Anas Abu Hassan
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.
From Sharifah Hunaini Syed Ismail
KAZAN (Tatarstan), May 16 (Bernama) -- The Prime Minister Datuk Seri Anwar Ibrahim called on the Islamic world to work together and strengthen its fundamentals, which begin with the economy, especially the halal industry that is worth US$3 trillion.
