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Ringgit Closes Lower Against Greenback On Trade War Concerns, China Deflationary Woes

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.

Silicon Connect Partners Semiwise To Further Strengthen Semiconductor Industry

KUALA LUMPUR, March 10 (Bernama) -- Silicon Connect Sdn Bhd and United Kingdom (UK)-based Semiwise Ltd have signed a memorandum of understanding (MoU) which will see both companies sharing their expertise in electronics, semiconductors as well as technologies.

Bursa Malaysia Ends At Intraday Low, CI Down 0.70 Pct

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia ended at an intraday low today weighed down by persistent selling in selected heavyweights, led by utilities, telecommunications and media, as well as financial services sectors.

MATRADE To Unveil MADANI Digital Trade, A Platform To Connect Malaysian Businesses To Global Markets

KUALA LUMPUR, March 10 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is set to launch MADANI Digital Trade (MDT), an integrated virtual showcase, on March 13, 2025, at the Malaysia International Trade and Exhibition Centre (MITEC), here.

Malaysia’s Direct Selling Industry Hits RM34.4 Bln, Leads In Market Penetration – Fuziah

PUTRAJAYA, March 10 (Bernama) -- Malaysia’s direct selling industry grew 7.4 per cent to RM34.4 billion in 2024 from RM32.04 billion the previous year, said Domestic Trade and Cost of Living (KPDN) Deputy Minister Fuziah Salleh.

Petronas Announces First Oil Delivery From GKGJE Phase 4

KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.

Rubber Market Closes Lower In Tandem With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 10 (Bernama) -- The Malaysian rubber market continued its downtrend to close lower today, in tandem with the lower regional rubber futures markets in response to the weak Chinese economic performance, said a dealer. 

Capital A To Focus On Restructuring, No Dividend Plans Yet - CEO

SEPANG, March 10 (Bernama) --  Capital A Bhd will not resume dividend payments soon, as it is prioritising its restructuring efforts and debt reduction, said chief executive officer (CEO) Tan Sri Tony Fernandes.

DITO Licence Applications Remain Open Until Dec 31, 2026 - BNM

KUALA LUMPUR, March 10 (Bernama) -- The application for digital insurers and Takaful operators (DITOs) licences remains open until Dec 31, 2026, and Bank Negara Malaysia (BNM) may announce successful applicants during or after this period.

LHDN To Focus On E-invoicing, Tax Base Expansion In 2025

CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.

Majority Of Local Banks Hold Above-Average ESG Ratings

KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.