KPMG Malaysia Appoints Foong Mun Kong As Managing Partner

KUALA LUMPUR, Jan 2 (Bernama) -- KPMG Malaysia has appointed Foong Mun Kong as managing partner effective Jan 1, 2025.

Ringgit Closes Lower AS Greenback Demand Rises Amid Global Uncertainties

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.

Malaysia-Peru Explore Joint Ventures In Halal Food And Infrastructure

KUALA LUMPUR, Dec 31 (Bernama) – Malaysia’s expertise in halal food products combined with Peru’s premium agricultural raw material inputs, such as quinoa, chia seeds, and cashew nuts, offers immense potential for joint ventures (JVs) between the two nations.

Weak Start As Bursa Malaysia Wraps Up 2024

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index opened slightly higher but reversed course, tracking weaker Wall Street performance overnight.  

Ringgit Opens Firmer Despite Safe-Haven Demand

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.  

Ringgit Holds Steady To Close Higher Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit held firm to close marginally higher against the US dollar on Monday despite a strong greenback underpinned by elevated US bond yields.

Petronas Conducts Review On Productivity To Streamline Operations, Eliminate Inefficiency

KUALA LUMPUR, Dec 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) is conducting a comprehensive review of its productivity to streamline its working methods, eliminate inefficiencies, and focus on undertakings that can deliver measurable value.

Bursa Malaysia Opens Lower On Weaker Wall Street

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance on Friday.

Khazanah’s Dana Impak Continues Strategic Investments To Enhance Malaysia’s Semiconductor Ecosystem

KUALA LUMPUR, Dec 27 (Bernama) -- Khazanah Nasional Bhd (Khazanah), through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (IR4.0) technologies and capacity development; and boost research & development (R&D) in artificial intelligence (AI) and semiconductors technologies.

Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

Ringgit Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.

TNB To Ensure Reliable, Continuous Supply Via RP4

KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.