MEF Appoints Sheikh Farouk As Chief Executive Effective Jan 1

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Employers Federation (MEF) has appointed Sheikh Farouk Sheik Mohamed as its chief executive, effective Jan 1, 2025.

Gold Futures End Lower Amid Uncertainties On Fed Monetary Easing Cycle

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today clouded by policy uncertainties ahead of the new US administration under President-elect Donald Trump.

Ringgit Holds Steady To Close Higher Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit held firm to close marginally higher against the US dollar on Monday despite a strong greenback underpinned by elevated US bond yields.

TM One Partners Melaka Local Council, Syarikat Air Melaka To Aid Digital Transformation

MELAKA, Dec 30 (Bernama) -- Telekom Malaysia Bhd's (TM) enterprise and government sector solutions arm TM One has collaborated with the Alor Gajah Municipal Council (MPAG) and Syarikat Air Melaka Bhd (SAMB) to offer digital solutions for digital transformation.

Bursa Malaysia Recoups Earlier Losses To End Higher

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions. 

Gig Economy Expands In 2024 Amid Push For Worker Protections

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.

High-impact Investments In SOGIP Expected To Begin Operations In 2026-2027 - Hajiji

SIPITANG, Dec 28 (Bernama) -- The Sipitang Oil and Gas Industrial Park (SOGIP), which has secured investments totalling about RM29.87 billion, is expected to begin operations in 2026 and 2027, said Chief Minister Datuk Seri Hajiji Noor.

Ringgit To Exhibit Softness In Thin Trading Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.

Ringgit Closes Little Changed Against US Dollar

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.

Wisson Robotics To Make Waves At CES 2025, Debuting Pliabot Technology 

KUALA LUMPUR, Dec 27 (Bernama) -- Wisson Robotics, a leader in general-purpose soft robotics, will debut its Pliabot technology, a revolutionary commercial and universal soft robotics with human-like muscles and embodied artificial intelligence (AI), at the Consumer Electronics Show (CES) 2025.

Kenanga Revises PCG's FY2025 Profit Forecast Up By 10 Pct, Reflecting Higher Polyolefin Prices

KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.

Ringgit Opens Slightly Higher vs Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.