Ringgit Continues To End Lower Vs US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Nov 13 (Bernama) --  The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US inflation data release tonight, an economist said.

German Companies In Malaysia Expect Stable, Positive Economic Outlook For 2025

KUALA LUMPUR, Nov 13 (Bernama) -- German companies in Malaysia have expressed an optimistic outlook for 2025, reflecting positive sentiments about both the current situation and prospects, according to the AHK World Business Outlook Fall 2024 survey.

Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

Sunway Malls Projects 5 Pct Growth For 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia’s largest mall owner-operator Sunway Malls expects to garner five per cent growth this year, driven by a strong performance in the first half of 2024 and the re-opening of an asset enhancement initiative, Oasis, in Sunway Pyramid.

CPO Futures Rally On Higher Crude, Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,900 per tonne for November and December 2024 contracts, supported by higher crude oil and soybean oil prices, a trader said.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Rubber Market Ends Higher On Tight NR Supply Concerns

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by tight natural rubber (NR) supply concerns due to inclement weather forecasts in major producing countries, a dealer said.

Bursa Malaysia Likely To Trade Within Narrow Range Next Week

By Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range on cautious mode amid geopolitical uncertainties, said an analyst. 

Bursa Malaysia Ends Morning Trading Lower Amidst Weak Sentiments

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia remained on a downtrend at the end of the morning trading session today, dragged down by profit-taking in selected heavyweights amidst weaker sentiments among regional peers, said an analyst.

Ringgit Rebounds Slightly Vs USD In Early Trade

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.

SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System

KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.

MIDA, MTUN Deal To Boost Highly-skilled Workforce

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Technical Universities Network (MTUN) today formalised a collaboration to bolster Malaysia’s high-skilled workforce through the signing of a Memorandum of Understanding (MoU).