20d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit broke through the key psychological level of 4.00 against the US dollar, touching a more than seven-year high of 3.9992 earlier today, buoyed by a robust outlook for Malaysia’s economy, easing geopolitical tensions, and the decision to maintain the Overnight Policy Rate.
20d ago
KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economic outlook moderated in November 2025, with the Leading Index (LI) increasing 0.2 per cent to 113.2 points from 113.0 points in the corresponding period last year, supported by domestic demand.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s economic growth is expected to remain resilient in 2026, supported by robust domestic demand and manageable inflation, leading analysts to expect Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged at 2.75 per cent throughout the year.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- DXN Holdings Bhd (DXN) has entered into a memorandum of understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) to explore Brazil as a potential regional hub for its Latin American operations, involving potential investments of about US$50 million.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Poultry farming company, Hock Soon Capital Bhd, aims to raise RM60 million from its initial public offering (IPO) ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd on Feb 13, 2026.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- IPC Systems (IPC), a secure, compliant communications and multi-cloud connectivity solutions provider, has announced its role as the exclusive global distributor for Vsense FinTech Inc (Vsense), a Taiwan-based innovator in field-programmable gate array (FPGA)-powered trading solutions.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia's economy is set to remain resilient this year, with growth likely reaching 4.5 per cent, anchored by strong private consumption and tourism drive.
22d ago
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s trade with ASEAN recorded an increase of 1.7 per cent to RM709.08 billion for the January to November 2025 period, accounting for 25.6 per cent of Malaysia’s total global trade which amounted to RM2.775 trillion for the same period in 2024.
22d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to end higher on Wednesday, driven by expectations of weaker production, a trader said.
22d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit closed higher against the US dollar as market sentiment improved amid concerns over the United States’ tariffs against the European Union (EU) and geopolitical risks, while pressures in the Japanese Government Bond (JGB) market eased.
22d ago
KUALA LUMPUR, Jan 21 (Bernama) -- Efinity, a software provider for insurance distribution and operations, announced it is powering the launch of PRISM, a newly established managing general agent (MGA) with operations in Singapore and Hong Kong.