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MIDF Expects Ringgit To Strengthen To RM4.23 Against US Dollar In 2025

KUALA LUMPUR, Feb 3 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, expects the ringgit to appreciate with an average rate of RM4.23 versus the US dollar this year.

Spring Festival Greetings: Guangdong Governor Highlights Economic Growth, Regional Integration

KUALA LUMPUR, Feb 3 (Bernama) -- On the eve of the Chinese Lunar New Year, Guangdong Governor Wang Weizhong extended heartfelt greetings on behalf of the Provincial Government and its residents to overseas Chinese, Hong Kong, Macao, Taiwan compatriots, and international friends.

King Lauds Govt's Efforts To Boost Foreign Investment In Tech, Digital Sectors

KUALA LUMPUR, Feb 3 (Bernama) -- His Majesty Sultan Ibrahim, King of Malaysia commended the government’s efforts to boost foreign investment in high-tech and digital sectors.

Malakoff Completes Acquisition Of ZEC Solar, TJZ Suria

KUALA LUMPUR, Jan 31 (Bernama) -- Malakoff Corporation Bhd has completed its acquisition of ZEC Solar Sdn Bhd and TJZ Suria Sdn Bhd.

Global Air Passenger Demand Rises 10.4 Pct To Hit Record High In 2024 – IATA

KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.

Ringgit Rises On Moody's Positive Sovereign Credit Rating

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 27 -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

Bursa Malaysia Expects To List 60 IPOs In 2025, With RM40.2 Bln Market Capitalisation

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd is expecting to list 60 initial public offerings (IPOs) in 2025, with a total market capitalisation of RM40.2 billion.