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Ringgit Retreats Against US Dollar In Early Trade

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.

Sulaiman Mahbob: Steering MIDA Through Economic Crossroads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan

CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

AirAsia, Airbus Partner For ASEAN Aviation Sustainability

From Soraya Jamal

BALI, Sept 19 (Bernama) -- AirAsia today announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives aimed at reducing carbon emissions in the ASEAN region.

SDCG Optimistic On Growth Amid Lower Costs, Green Incentives

KUALA LUMPUR, Sept 19 (Bernama) -- Solar District Cooling Group Bhd (SDCG), a provider of building management systems (BMS), solar thermal systems, and energy-saving solutions, is optimistic about its business growth this year, driven by a positive outlook and lower costs.

BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

MyEG Rises 8.6 Pct In Early Trade

KUALA LUMPUR, Sept 18 (Bernama) -- MyEG Services Bhd’s shares rose 8.60 per cent in the early trade after the company announced its collaboration with the Federation of Malaysian Freight Forwarders (FMFF) to promote ZTrade as Malaysia's National Single Window (NSW) for cross-border trade facilitation. 

Bursa Malaysia Weaker In Early Trade, Tracking Wall Street's Muted Overnight Performance

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia traded flat to lower during the early morning trade, taking its cue from Wall Street’s muted overnight performance as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

Gamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks -- MIDF Amanah

KUALA LUMPUR, Sept 17 (Bernama) -- Gamuda Bhd may replace Genting Malaysia Bhd on the FTSE Bursa Malaysia KLCI (FBM KLCI) constituent stocks list on Dec 23, 2024, according to MIDF Amanah Investment Bank Bhd.