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Ringgit Edges Higher Against US Dollar Despite Stronger DXY

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, supported by improved buying sentiment for the domestic currency despite a stronger US Dollar Index (DXY).

Ringgit Stages Strong Rebound To End Losing Streak Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit staged a strong rebound to end higher against the greenback on Monday as rising commodity prices and a softer US inflation reading helped the local currency snap a recent run of losses against the American dollar.

Powering Malaysia’s Future: Solar Growth Amid Energy Sector Challenges

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems.

Ringgit Rises Against US Dollar As DXY Declines

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, supported by a decline in the US Dollar Index (DXY) last Friday, according to an economist.

Qube Integrated Malaysia Inks MoU With Asia CEO Community, Unveils MITEC Card

KUALA LUMPUR, Dec 22 (Bernama) -- The Malaysia International Trade and Exhibition Centre (MITEC), owned by Malaysia External Trade Development Corporation (MATRADE), has announced the signing of a memorandum of understanding (MoU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.

ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.

Malaysia Reaffirms Commitment To Strengthen ASEAN-GCC Ties

SUBANG, Dec 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia’s commitment to strengthening ASEAN-Gulf Cooperation Council (GCC) ties, highlighting the importance of cohesive engagement between member states and ensuring ASEAN remains relevant in addressing global challenges.

As ASEAN Chair Next Year, Malaysia To Focus On ASEAN Power Grid, Digitalisation - PM Anwar

SUBANG, Dec 21 (Bernama) -- Malaysia aims to prioritise the ASEAN power grid and digitalisation as ASEAN Chair next year, as part of efforts to support the growth of intra-ASEAN trade, said Prime Minister Datuk Seri Anwar Ibrahim.

GDA Stands Firm On RM11 Offer For MAHB Despite Directors' Rejection

KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.

Ringgit Expected To Trade Within Narrow Range Next Week Amid Holiday Calm

KUALA LUMPUR, Dec 21 (Bernama) -- The ringgit is expected to trade within the narrow range of 4.50 to 4.52 against the US dollar next week, reflecting subdued volatility and cautious sentiment among traders during the Christmas holiday period.

Bursa Malaysia Achieves 55 IPOs, Highest In 19 Years

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia Bhd has made a significant achievement in 2024 with 55 initial public offerings (IPOs) listed on the exchange, the highest number of listings recorded in the last 19 years.

Ringgit Ends Marginally Lower Against Greenback Amid Upbeat US Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.