LATEST NEWS   IOI Properties proposes to establish IOIPG Malaysia REIT, which comprises retail, offices and hotel properties worth RM7.58 bln | APAD revokes the operator licence of MFG Barokah Enterprise following the crash in Gemas Baharu, Johor, which claimed three lives | The govt is warning corporates to stop channel switching activities and instead buy fuel at market prices, or they will face enforcement action -- Amir Hamzah | Global energy crisis: Moves to maintain targeted diesel subsidies ensure critical sectors like fishing, public transport can enjoy diesel at controlled prices - Amir Hamzah | Low supply, high demand, security threat, soaring delivery costs have caused global oil prices to rise sharply - Amir Hamzah | 

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Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

ES Event Sees Malaysian Companies Generating RM3 Bln Sales At Canton Fair 2024

KUALA LUMPUR, Oct 4 (Bernama) - ES Event Management Sdn Bhd (ES Event) sees Malaysian companies generating RM3 billion in sales during the Canton Fair 2024 from Oct 15 to Nov 5, in Guangzhou, China.

Ringgit Reverses Recent Losses To Close Slightly Higher Vs US Dollar

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses.

PMB Investment Appoints Mohd Izwan Izuddin As Chairman

KUALA LUMPUR, Oct 4 (Bernama) -- PMB Investment Bhd, an Islamic fund management company under Pelaburan Mara Bhd, has appointed Datuk Mohd Idzwan Izuddin Ab Rahman as its chairman for a two-year term, effective Sept 30, 2024.

IIB Partners KILSA Global To Boost South Korean Startups In Southeast Asia

KUALA LUMPUR, Oct 4 (Bernama) -- Iskandar Investment Bhd (IIB) has partnered with Singapore's KILSA Global to accelerate South Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia.

IGEM 2024 Expects To Generate RM4.8 Bln Business Leads

KUALA LUMPUR, Oct 4 (Bernama) – The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) is expected to attract 48,000 participants and 480 exhibitors from 48 countries, generating business leads estimated at RM4.8 billion.

Ringgit Opens Higher vs Greenback AS Investors Await NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

Anwar's Pakistan State Visit Secures RM2.65 Bln In Trade Deals - Tengku Zafrul

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia, Pakistan Leaders Commit To Enhancing Trade And Commerce - Anwar

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 3 (Bernama) -- There is a clear commitment from the leadership of Malaysia and Pakistan to resolve any issues that could impede the flourishing trade and commerce between the two countries, said Prime Minister Datuk Seri Anwar Ibrahim.

USIM Expert Highlights Pakistan's ICT Potential For Malaysia

KUALA LUMPUR, Oct 3 (Bernama) -- Industry players in the digital and information and communication technology (ICT) sectors should view Pakistan as a market with significant growth potential for their expertise and innovative products.