1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
1y ago
KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.
1y ago
ISKANDAR PUTERI, Nov 21 (Bernama) -- The state government tabled the Johor Budget 2025 with a surplus of RM5.12 million at the Johor State Legislative Assembly sitting here today.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Three Malaysian companies participating under the Malaysia Pavilion at the Cosmoprof Asia 2024 have generated total sales of RM27.33 million during the event.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- The global tech upcycle and front-loading activities will likely support Malaysia's trade performance in the fourth quarter of 2024 (4Q 2024), said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Malaysia's total trade increased 2.1 per cent to RM244.3 billion in October 2024, up from RM239.3 billion a year earlier, driven by growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).