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Ringgit Opens Higher Versus US Dollar Following Fed Rate Cut

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.

Huawei Provides Hundreds Of Mobile Sites, Cloud Services In Sarawak, Accelerating Digital Transformation - PM Anwar

KUALA LUMPUR, Nov 7 (Bernama) -- Huawei has provided hundreds of mobile network sites as well as cloud services and intelligent operation centres in Sarawak, which have helped improve wireless network coverage in remote areas, accelerating the country’s digital transformation, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Secures Potential Exports To China Worth RM3.2 Bln – Tengku Zafrul

BEIJING, Nov 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to China has generated potential exports worth RM3.2 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

JS-SEZ On Track To Be Signed On Dec 9 - Onn Hafiz

KULAI, Nov 7 (Bernama) -- The joint agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to be signed on Dec 9, 2024, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

KUSKOP Targets RM100 Mln In Potential Investments Via Riyadh International Exhibition

PUTRAJAYA, Nov 7 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry (KUSKOP) has targeted RM100 million in potential investments from Malaysia's participation in the BIBAN24 International Exhibition in Riyadh, Saudi Arabia.

Malaysia And Singapore Set To Advance JS-SEZ, Strengthen Bilateral Ties

JOHOR BAHRU, Nov 7 (Bernama) -- The Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM) held a special meeting here today to discuss the progress of the Johor-Singapore Special Economic Zone (JS-SEZ). 

OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).

Ringgit Opens Higher Despite Stronger US Dollar On Trump’s Return To Presidency

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.

Meetings With Companies In Shanghai An Opportunity To Attract Quality Investments - Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim led a Malaysian delegation in one-on-one meetings with four leading companies in Shanghai before continuing his visit to Beijing today.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

PM Anwar Sees Rising Interest In Malaysia Among Chinese Investors, Companies

From Massita Ahmad

SHANGHAI, Nov 6 (Bernama) -- Chinese investors and companies are showing greater interest in Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.