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Sarawak To Announce Acquisition Of Affin Bank In A Week - Abang Johari

KUCHING, Sept 21 (Bernama) -- An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

Rubber Market Is Expected To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The local rubber market is expected to trade higher next week due to a rubber supply shortage influenced by uncertain weather conditions in rubber-producing regions, said industry expert Denis Low.

Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.

Malaysia’s Pepper Exports In First 7 Months Increase To RM86.4 Mln

JOHOR BAHRU, Sept 20 (Bernama) -- Malaysia’s pepper exports reached RM86.4 million from January to July 2024, higher than the RM80.2 million during the same period last year.

Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan

By Jailani Hasan

LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.

Ringgit The Clear Winner From FFR Cut, Pivots Vs USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst. 

iPhone 16 Buyers Weigh Options Amid Price Differences

KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.

REHDA Perak To Showcase 5,000 Properties Worth RM3 Billion At MAPEX Perak 2024

IPOH, Sept 20 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia Perak Branch (Rehda Perak) aims to showcase 5,000 properties worth RM3 billion at the Malaysia Property Expo (MAPEX) Perak 2024.

Taobao's Beta English Interface Major Commitment To e-Commerce Market In Malaysia

By Puti Iylia Maisarah

KUALA LUMPUR, Sept 20 (Bernama) -- Taobao has made a major commitment to the Malaysian e-commerce market by launching a beta English interface aimed at improving accessibility and convenience for consumers, focused on localising its features.

US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM

By Vijian Paramasivam

KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

Malaysia Must Focus More On Green Computing To Continue Attracting Data Centre Investments

 

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia must focus more on green computing hardware and software to keep up with advancements in information technology (IT) infrastructure if it wants to continue attracting global data centre investments.