1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia traded lower at mid-morning as sentiments and risk appetites remained subdued after a Wall Street sell-off overnight.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in the early trade today, tracking the underlying cash market.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened mixed today but turned lower thereafter, tracking Wall Street's overnight performance which closed lower after its recent rally, said an analyst.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the underlying cash market performance.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian National News Agency’s (Bernama) business portal, BERNAMABiz, goes live today, offering a dedicated news portal that provides comprehensive, real-time insights into the rapidly evolving business and economic landscape, both locally and globally.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.