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Ringgit Opens Flat Against US Dollar

KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit opened flat against the US dollar today despite the higher US dollar index (DXY). 

Petroluxe To Invest RM3 Bln In Oil Refinery And Petrochemical Complex In Pahang

KUANTAN, Nov 13 (Bernama) -- Petroluxe Refinery (M) Sdn Bhd (Petroluxe), which is owned by investors from China, is expected to invest about RM3 billion to develop an integrated oil refinery and petrochemical complex on 23.96 hectares located in the Gebeng Industrial Area.

Ahmad Zahid Arrives In UAE For Seven-day Official Visit

From Zarul Effendi Razali

ABU DHABI, Nov 13 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has arrived at the United Arab Emirates (UAE) for his first official visit to the gulf country.

Madani Economic Framework Initiatives To Be Key Focus In Ahmad Zahid's Official Visit To UAE

From Zarul Effendi Razali

ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.

Bursa Malaysia Ends Higher On Renewed Interest In Selected Heavyweights

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index reversed early losses to end higher today on renewed interest in utilities as well as industrial product and services stocks amid the mixed performance by regional peers.

Ringgit Opens Marginally Higher Against US Dollar

KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback. 

Malaysia Seeks To Sustain Economic Growth With China, Focusing On SDGs 

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia aims to maintain its strong economic growth momentum while prioritising the sustainable development goals (SDGs), with a particular focus on climate change, renewable energy, and emerging technologies -- areas where China has demonstrated significant strength.

APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk

From M. Saraswathi

LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.

Forest City Positioned To Become Key Business And Investment Hub -- Country Garden

KUALA LUMPUR, Nov 12 (Bernama) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.

Ringgit Extends Fall Against Greenback Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.

Bank Islam, PMB Investment Forge Strategic Alliance To Expand Shariah-Compliant Investment Opportunities

KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.

Bursa Malaysia Ends Marginally Lower On Last-minute Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.