1y ago
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
1y ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia's manufacturing sector is expected to sustain positive growth, supported by resilient domestic demand and gradual improvements in supply chain conditions, according to Public Investment Bank Bhd (PIVB).
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has unveiled the theme for the 2025 ASEAN energy sector meetings “‘Powering ASEAN: Bridging Boundaries, Building Prosperity”.
1y ago
DAVOS (Switzerland), Jan 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the emphasis on the great potential of the ASEAN region was the main message delivered in conjunction with his attendance at the 2025 World Economic Forum (WEF) Annual Summit here.
1y ago
KUALA LUMPUR, Jan 23 (Bernama) -- Prime Minister and ASEAN chair Datuk Seri Anwar Ibrahim made an indelible mark at the World Economic Forum (WEF) 2025 in Davos, Switzerland, by seamlessly navigating discussions that ranged from light-hearted conversations about his favourite football club to the intricate dynamics of international relations and challenges and successes of regional integration.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- As the chairman of ASEAN this year, Malaysia aims to prioritise energy and connectivity with a focus on building trust and inclusivity among member countries as well as engaging constructively with major global powers while safeguarding the bloc’s independence.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- EGGDROP, Korea’s premium egg sandwich brand, has launched its first store in the Philippines at the iconic SM Mall of Asia in Manila.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.