Ringgit Closes Marginally Lower Ahead Of FOMC Meeting

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today as traders adopted a cautious approach ahead of the United States Federal Open Market Committee (FOMC) meeting.

Malaysia To Double Down On Collaboration, Trade With Other Countries Next Year - Rafizi

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia will “double down” on its strategy of deepening trade and collaboration with other countries in 2025, guided by three fundamental tenets of how Malaysia deals with the world, said Economy Minister Rafizi Ramli. 

MICCI Launches 'e-commerce Chapter' To Boost Malaysia’s Digital Economy

KUALA LUMPUR, Dec 18 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) has introduced the “E-Commerce Chapter” to enhance collaboration between key players in the e-commerce industry and regulatory bodies.

MALAYSIA ACCELERATES EV GROWTH WITH CHINA COLLABORATION TO BOOST REGIONAL HUB AMBITIONS

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s electric vehicle (EV) industry is accelerating, with over 100,000 electrified vehicles recorded and more than 3,300 charging stations established nationwide to date, positioning the country as a key regional hub for EV innovation. 

Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut

KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.

NAMLIFA Urges BNM, MOF To Order Temporary Halt In Medical Premium Repricing

KUALA LUMPUR, Dec 6 (Bernama) -- The National Association of Malaysian Life Insurance and Financial Advisors (NAMLIFA) has strongly urged Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) to order a temporary halt in the medical premium repricing exercises.

OSV Sector Remains Bullish Due To Ongoing Supply Tightness -- Kenanga

KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit advanced against the US dollar in early trade on Friday ahead of the US non-farm payrolls (NFP) data that will be released later today, said an analyst.  

Biodegradable Packaging Products From Rice Straw Waste To Reach RM60 Mln In Value In 2025

KUALA LUMPUR, Dec 5 (Bernama) -- Biodegradable packaging products made of rice straw waste, which are being produced through a collaboration between Bioeconomy Corporation and BioNexus Status company Free The Seed Sdn Bhd, are projected to reach a market value of RM60 million starting in 2025.

Ringgit Extends Gains On Rising Confidence Of Another US Rate Cut

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.

Govt To Study Portability Of Medical Insurance, Takaful Products - Lim

KUALA LUMPUR, Dec 5 (Bernama) -- The government will study the feasibility of the proposed portability of medical and health insurance/takaful (MHIT) products to ensure continuous and effective access to care, said Deputy Finance Minister Lim Hui Ying. 

E&E Segment Records Realised Investments Of RM4.8 Bln As Of June 2024

KUALA LUMPUR, Dec 5 (Bernama) -- The electrical and electronics (E&E) segment has recorded the highest realised investment performance of RM4.8 billion during the period from January to June 2024, according to the Ministry of Investment, Trade and Industry (MITI).