Ringgit To Exhibit Softness In Thin Trading Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.

Khazanah’s Dana Impak Continues Strategic Investments To Enhance Malaysia’s Semiconductor Ecosystem

KUALA LUMPUR, Dec 27 (Bernama) -- Khazanah Nasional Bhd (Khazanah), through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (IR4.0) technologies and capacity development; and boost research & development (R&D) in artificial intelligence (AI) and semiconductors technologies.

Ringgit Closes Little Changed Against US Dollar

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.

Bursa Malaysia Higher At Midday, CI Up 1.10 Pct

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia ended the morning session on a higher note, driven by continuous buying interest in selected blue-chip stocks amid window dressing activities.

Ringgit Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.

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.

Kenanga Revises PCG's FY2025 Profit Forecast Up By 10 Pct, Reflecting Higher Polyolefin Prices

KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.

Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge

KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.

Malaysia's TIV For New Vehicle Sales Set To Fall To 755,000 Units In 2025 - CIMB Securities

KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.

Bursa Malaysia Opens Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia opened marginally higher today, taking a cue from Wall Street’s positive performance prior to Christmas break, said an analyst.  

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.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).