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Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Malaysia Welcomes UAE Companies To Invest In Renewable Energy, Data Centre Projects - PM Anwar

From Kamarul Ariffin MD Yassin

ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.

AirAsia Eyes 5 Mln Guest Arrivals To Sabah This Year

KOTA KINABALU, Jan 14 (Bernama) -- Budget carrier AirAsia is expecting five million guest arrivals to Sabah through Kota Kinabalu, Sandakan, and Tawau this year, up from the 3.7 million arrivals recorded in 2024.

Labuan FSA, Labuan Corporation Urged To Boost Economic Spillover

LABUAN, Jan 14 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) and Labuan Corporation (LC) must collaborate closely to strengthen the island's economy and ensure the benefits reach the local community, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.  

Anwar Confident Petronas-Petros Gas Issue Resolved

From Kamarul Ariffin Md Yassin

ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.

Gold Futures Close Lower For Second Consecutive Day

KUALA LUMPUR, Jan 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower for the second consecutive day due to a lack of buying interest.  

CPO Futures Close Lower In Absence Of Market-moving News

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 14 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives traded lower today in the absence of fresh market-moving news. 

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

MoF Approves Digital Banking Licence To YTL Digital Bank

KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Finance (MoF) has approved the issuance of a digital banking licence to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd.

FBM KLCI Futures End Lower, In Line With Cash Market

KUALA LUMPUR, Jan 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today, mirroring the losses in the underlying cash market.

Oriental Kopi IPO Oversubscribed 60 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Jan 14 (Bernama) -- Food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd’s initial public offering (IPO) has been oversubscribed by approximately 60 times.  

Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms

KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth.