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Brazil At Sweet Spot For Malaysian Semiconductor Industry To De-risk Supply Chain - Tengku Zafrul

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.

Ringgit Ends Higher On Weaker Demand For Greenback

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.

Anwar’s Visit Sparks Special Malaysia-Brazil Collaboration

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural official visit to Brazil has paved the way for new economic opportunities for Malaysia, especially in the semiconductor industry.

Airbus Helicopters Eyes Growth In Malaysia, Asia-Pacific Amid Rising EMS Demand

SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by the industrial products and services, telecommunications and media, and financial services counters.

Ringgit Slips Against US Dollar At The Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

PM Anwar To Partake In G20 Related Events, Bilaterals

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will participate in the G20 related events such as the launch of "Global Alliance against Hunger and Poverty", which aims to eradicate poverty and global hunger.

AV AirFinance To Strengthen Global Airline Relations With Executive Appointment

KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

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).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Brazil-Malaysia Semiconductor Collaboration To Make Malaysia A Regional Industrial Gateway - Tg Zafrul

RIO DE JANEIRO (Brazil), Nov 18 (Bernama) — Malaysia is poised to become a regional industrial gateway following its collaborations with Brazil in the semiconductor sector, said Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz.