1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday as caution weighed on sentiment amid a mixed performance in regional bourses, an analyst said.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Economies across Southeast Asia must overcome increasing energy transition complexities as they balance energy security and lower carbon emissions, according to Black & Veatch, a global leader in critical human infrastructure solutions.
1y ago
KUALA LUMPUR, Oct 5 (Bernama)-- The MADANI government's commitment to combating endemic corruption has significantly restored confidence among domestic and foreign investors, leading to increased new investments.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) — Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) – The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) is expected to attract 48,000 participants and 480 exhibitors from 48 countries, generating business leads estimated at RM4.8 billion.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia opened lower today, retreating from yesterday's gains, driven by mild profit-taking in selected heavyweights amid mixed sentiment in regional markets, according to an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.