1m ago
By Jailani Hasan
SHAH ALAM, Nov 8 (Bernama) -- The logistics and transport sector continues to play a crucial role as a key engine of Malaysia’s economic growth, contributing between four and six per cent to the national gross domestic product in recent years, said Ministry of Transport secretary-general Datuk Seri Jana Santhiran Muniayan.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
1m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
1m ago
IPOH, Nov 6 (Bernama) -- Perbadanan Kemajuan Negeri Perak and Gamuda Bhd, through their joint venture (PKNPk-Gamuda JV), have inked a memorandum of understanding (MoU) with Perbadanan Bekalan Air Pulau Pinang (PBAPP) for the sale of excess treated water from the Northern Perak Water Supply Scheme (NPWSS) to Penang.
1m ago
From Mohd Hisham Abdul Rafar
SHANGHAI, Nov 6 (Bernama) -- Malaysia is setting a higher sales target of RM3 billion for the Malaysia International Halal Showcase (MIHAS)@Shanghai, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 6 (Bernama) -- Deeper collaboration between governments and industries is important to help safeguard nations, businesses, and people across ASEAN as artificial intelligence (AI) and advanced technologies reshape the global economy and redefine the threat landscape.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday ahead of the Overnight Policy Rate (OPR) announcement tomorrow.
1m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.