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Ringgit Closes Higher Against US Dollar Supported By Decline In Malaysia's Inflation

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.

Malaysia Secures AI Industry Investments With Clear Madani Economy Policies -- PM Anwar

DAVOS (Switzerland), Jan 22 (Bernama) -- Malaysia's political stability and clear policy prescriptions in the MADANI Economy framework have encouraged big players in the artificial intelligence (AI) industry, including semiconductor companies, to invest in the country.

KL Rubber Market Mixed As Traders React To US Tariff Proposal On China

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 22 (Bernama) – The local rubber market displayed mixed trends as sentiment turned bearish after US President Donald Trump hinted at his intention to impose 10 per cent tariffs on Chinese imports from Feb 1, a dealer said.

BNM's Decision To Keep OPR At 3 Pct Will Stimulate Economic Growth - Economists

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists. 

Malaysia Should Utilise Free Trade Agreements To Promote Palm Oil Globally -- MPOB

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia should utilise the free trade agreements (FTAs) that it has among the ASEAN countries, including the Regional Comprehensive Economic Partnership (RCEP) to promote palm oil at the global level, said the Malaysian Palm Oil Board (MPOB).

Truecaller To Deliver Real-time Caller ID, Spam Blocking On iPhone

KUALA LUMPUR, Jan 22 (Bernama) -- Truecaller, the global communications platform, has announced the biggest update for iPhone, now offering the entire spam and scam blocking capabilities to users.

EGGDROP Makes A Sizzling Debut In The Philippines

KUALA LUMPUR, Jan 22 (Bernama) -- EGGDROP, Korea’s premium egg sandwich brand, has launched its first store in the Philippines at the iconic SM Mall of Asia in Manila.

MSMEs Must Achieve Targets Of 41 Pct GDP Contribution, 15 Pct Export Contribution In 2025 -- Ewon

KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.

Toshiba Unveils 32-bit Microcontrollers With Enhanced Motor Control Capabilities

KUALA LUMPUR, Jan 22 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the addition of seven new 32-bit microcontrollers to its extensive motor control lineup, all equipped with the Cortex-M4 core.

BNM's International Reserves At US$115.5 Bln As At Jan 15, 2025

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s international reserves stood at US$115.5 billion as at Jan 15, 2025, compared to US$116.2 billion as at Dec 31, 2024, according to Bank Negara Malaysia (BNM).

Government Wage Revisions, Minimum Wage Hike To Boost Malaysians' Quality Of Living 

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.

SMART Modular Add-in Cards Achieve Compliance Testing

KUALA LUMPUR, Jan 22 (Bernama) -- SMART Modular Technologies Inc (SMART), a Penguin Solutions Inc brand, announced its 4-DIMM and 8-DIMM Compute Express Link (CXL) memory Add-in Cards (AICs) have successfully passed CXL 2.0 compliance testing.