11h ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
13h ago
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday, tracking weaker regional markets and a softer overnight performance on Wall Street.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower today on weak demand and rising production.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, as traders awaited the release of key United States data this week.
1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will commence free trade agreement (FTA) negotiations with the Gulf Cooperation Council (GCC) countries early next year, said MITI secretary-general Datuk Hairil Yahri Yaacob today.
1d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia’s key index extended its uptrend today, climbing to a 14-month high, surpassing the previous high recorded on Oct 22, 2024 at 1,642.54, supported by broad-based buying from local institutional investors.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Airports, regulations and infrastructure across the region must evolve rapidly to keep pace with surging air travel demand, with ASEAN expected to emerge as the world’s third-largest economy in the next decade, Malaysia Aviation Group (MAG) said.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, underpinned by sustained buying in selected heavyweights, particularly in the industrial products, utilities and financial services sectors.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- A total of 37 trade and investment missions, including official overseas visits led by the Prime Minister, have successfully generated RM493.64 billion in potential investments, involving 181 projects, from 2023 to 2025.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) — The Malaysian Rubber Council (MRC) will offer 20 incentive packages next year, including grants of up to RM30,000 per participation in trade exhibitions, to explore emerging markets such as the Middle East and Eastern Europe to reduce dependence on conventional markets.
1d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia ended the morning session marginally higher, supported by the continued strength of the ringgit, which lifted investor sentiment.