Ringgit Strengthens Against US Dollar As Rising Oil Prices Lift Sentiment

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.

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.

Nestcon Secures Large Scale Solar Plant Project In Sabah

KUALA LUMPUR, Dec 24 (Bernama) -- Nestcon Bhd’s wholly owned subsidiary, Nestcon Infra Sdn Bhd is set to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in Bongawan, Kimanis, Sabah.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

MOF Focusing On Progressive Taxation, Sustainable Budgeting To Prioritise Critical Sectors

KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.

Late Buying Lifts Bursa Malaysia To End In Positive Zone

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.

Positive Fiscal Trends Could Elevate Malaysia’s Rating - Maybank IB

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia's sovereign rating outlook for 2025 could see a positive shift, driven by promising fiscal developments, according to Maybank Investment Bank (Maybank IB).

Ringgit Closes Lower Against US Dollar As Global Uncertainty Drive Investors To Safe Haven Currencies

By Zarul Effendi Razali

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

Global South Should Unite In Response To Trump’s Tariff Threats On BRICS -- Jomo

KUALA LUMPUR, Dec 2 (Bernama) -- The Global South should unite, even in small ways to pursue shared goals, particularly because US President-elect Donald Trump has threatened tariff specifics for BRICS nations.

Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.

Ringgit Rises As Fed Minutes Signal Us Interest Rate Cuts Ahead

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.