1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- United States (US) President Donald Trump's decision to impose a 25 per cent tariff on automotive, semiconductor and pharmaceutical imports will be a challenge for Malaysia.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s trade recorded the 13th successive month of year-on-year growth in January 2025, rising 3.1 per cent to RM241.95 billion compared to January 2024, said the Ministry of Investment, Trade and Industry (MITI) today.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose further on Wednesday due to increasing uncertainty following Donald Trump’s recent tariff announcement.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, influenced by a downtrend in regional rubber futures markets and the strengthening of the ringgit against the United States (US) dollar, said a dealer.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia ended the morning session lower due to continuous selling in selected heavyweights and small-cap stocks amid mixed sentiment among regional peers.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States (US) on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher, driven by safe-haven demand amid concerns surrounding the Russia-Ukraine peace talks.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday, driven by concerns over a tight natural rubber supply due to the ongoing wintering and wet weather in major producing countries, said a dealer.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Nippon Express Holdings Inc has completed the acquisition of SH HoldCo GmbH, the parent company of Germany-based Simon Hegele Group, effective Feb 3.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.