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KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.
KUALA LUMPUR, Oct 10 (Bernama)-- Prime Minister Datuk Seri Anwar Ibrahim said the recent positive economic developments in Malaysia were the result of better governance, together with clear policy formulation, especially in the industrial, digital transformation, energy and semiconductors sectors.
KUALA LUMPUR, Oct 9 (Bernama) — Malaysia is on track to capture a significant portion of the global digital market as the country’s digital economy is expected to contribute 25.5 per cent to the gross domestic product (GDP) by the end of 2025, said Digital Minister Gobind Singh Deo.
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday, ahead of the release of the minutes of the US Federal Reserve’s (Fed) September meeting later tonight, which will offer more clarity on its interest rate-cutting trajectory.
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 9 (Bernama) -- Malaysia has outlined three strategies for ASEAN when it takes over the grouping’s chairmanship in 2025, including bolstering regional value chains and regulatory cooperation.
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.
KUALA LUMPUR, Oct 8 (Bernama) -- ASEAN governments need to ensure that the interconnection of their power grids becomes a reality as there will be no energy transition without the interconnectivity in this region, said Sarawak Energy Bhd group chief executive officer Datuk Sharbini Suhaili.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.
From Rosmalis Anuar
VIENTIANE, Oct 8 (Bernama) -- Malaysia is exploring opportunities for collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) to attract investment and green initiatives.
By Anas Abu Hassan
KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.
PUTRAJAYA, Oct 8 (Bernama) -- Chinese high-tech company ISVision (Hangzhou) Technology Co. Ltd. has expressed interest in entering the Malaysian market, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.
