Upbeat 2024 GDP Performance Drives Ringgit To End Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.

Ringgit Opens Higher Against US Dollar, ASEAN Currencies Ahead Of GDP Data Release

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.

XPENG Makes UK Debut With Pre-Sale Launch Of First Right-Hand Drive SUV

KUALA LUMPUR, Feb 13 (Bernama) -- Chinese high-tech automotive company, XPENG has officially entered the United Kingdom (UK) market, announcing the pre-sale of its first right-hand drive model, the XPENG G6.

MP Proposes Setting Up Forex Risk Committee To GLICs

KUALA LUMPUR, Feb 12 (Bernama) -- A member of parliament today called on the government to set up a committee to coordinate foreign currency exchange (forex) risks to the operations of government-linked investment companies (GLICs).

Malaysia’s Wholesale, Retail Trade At Record High Of RM1.77 Trillion In 2024 -- DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM). 

Malaysia Needs A Holistic Framework For Gold Industry Management

KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia must strengthen and optimise its gold resource management by establishing a holistic and comprehensive National Gold Industry Management Framework.

PIAM, Stakeholders Collaborate To Address Total Loss Vehicles

KUALA LUMPUR, Jan 28 (Bernama) -- General insurance and takaful companies are working closely with key stakeholders on the issue of total loss vehicles, according to the General Insurance Association of Malaysia (Piam).

Naza Eastern Motors Eyeing Five New Suzuki Outlets This Year

GEORGE TOWN, Jan 24 (Bernama) -- Naza Eastern Motors, the exclusive distributor of Suzuki Cars in Malaysia, is committed to expanding Suzuki Car’s presence, with five new outlets scheduled to open across the country this year.

Kuaishou Launches Kling AI's “Multi-Image Reference” Feature For AI Video Consistency

KUALA LUMPUR, Jan 24 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has announced the global launch of Kling AI’s “multi-image reference” feature, which aims to resolve a key challenge in artificial intelligence (AI) video generation—maintaining visual consistency.

Toshiba Unveils 32-bit Microcontrollers With Enhanced Motor Control Capabilities

KUALA LUMPUR, Jan 22 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the addition of seven new 32-bit microcontrollers to its extensive motor control lineup, all equipped with the Cortex-M4 core.

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.

MAA, MARii Forge Partnership On Automotive Exhibitions

KUALA LUMPUR, Jan 21 (Bernama) -- The Malaysian Automotive Association (MAA) has signed a memorandum of understanding (MoU) with the Malaysia Automotive Robotics and IoT Institute (MARii) to collaborate on organising automotive exhibitions and motor shows on an alternate-year basis.