LATEST NEWS   The Ministry of Communications will submit a proposal to the Cabinet for additional assistance to event organisers following the extension of Visit Malaysia 2026 - Fahmi | Visit Malaysia 2026: DBKL to lower security deposit rates for concerts, stage performances, and cultural activities - Hannah | Govt is focusing on policy adjustments, managing cost pressures, and ensuring supply including basic necessities in tackling the global supply crisis -- Akmal Nasrullah | At 6 pm, the ringgit firmed to 3.9490/9530 against the US dollar from 3.9515/9555 on Monday. | 70 pct of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities -- Akmal Nasrullah | 

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Malaysian Pride Soars With The Ringgit

By Wong Chun Wai

KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.

Malaysia Will See Strongest LNG Production Growth In Short And Medium Term, Says BMI

KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.

Gamuda Up In Early Trade Following Strong FY2024 Results

KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Ringgit Softer VS US Dollar On Profit-taking After Recent Sharp Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar at the close on Thursday due to profit-taking following its sharp gains earlier in the week, and on caution ahead of US  personal consumption expenditures data tomorrow, according to an analyst.

Entermind On A Quest To Provide Generation Alpha With Gen AI Space

KUALA LUMPUR, Sept 26 (Bernama) -- Entermind, a Singapore-based generative artificial intelligence (Gen AI) start-up, has secured US$20,000 in seed funding commitment. (US$1=RM4.13)

UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV

ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.

Producer Price Index Eases To 0.3 Pct In August 2024 - DoSM

KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures the price changes at the producer level, eased to 0.3 per cent in August 2024, compared to 1.3 per cent in the previous month, according to the Department of Statistics Malaysia (DoSM).

Malaysia Has Potential To Increase Investment In Laos: Ambassador

VIENTIANE (LAOS), Sept 26 (Bernama) -- Malaysia possesses significant potential to augment its investment in Laos, particularly in the renewable energy, agriculture, tourism, and infrastructure sectors, stated Malaysian Ambassador to Laos Edi Irwan Mahmud.

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best

KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week

KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.

Bursa Malaysia Ends Higher As China's Stimulus Measures Lift Regional Sentiment  

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia closed higher on Tuesday, driven by a positive Wall Street performance overnight and after China announced a stimulus package to jumpstart its struggling economy, sparking a rally in regional and global shares.