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Malaysia’s Economic Renaissance Offers Immense Potential For Investors -- PM Anwar

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economic outlook for 2024 and beyond is increasingly positive as the country emerges as a beacon of growth and resilience in Southeast Asia, bolstered by its ASEAN Chairmanship in 2025.

Bursa Malaysia Ends Lower On Heavy Foreign Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.

Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.

Bursa Malaysia Rebounds On Sustained Buying Momentum

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia staged a rebound and opened higher in early trading today, supported by sustained buying momentum despite Wall Street’s mixed overnight performance.

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms

KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth. 

​​​​Ringgit Rebounds Vs US Dollar In Early Trade, Market Stays Vigilant

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.

Gentari: 2024 A Year Of Focused Growth

KUALA LUMPUR, Jan 13 (Bernama) -- Throughout 2024, clean energy solutions provider Gentari Sdn Bhd has charted significant progress in growing and strengthening its position as a regional leader in renewable energy, hydrogen and green mobility in Asia Pacific.

Fully Implementing RCEP Could Position Asean As A Hub For Regional Growth - Tengku Zafrul

 KUALA LUMPUR, Jan 9 (Bernama) -- As the 2025 ASEAN chair Malaysia will focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.

ASEAN’s Neutrality Gives Malaysia Its Golden Moment In Its Chairmanship - Tengku Zafrul 

KUALA LUMPUR, Jan 9 (Bernama) -- In the era of the United States-China decoupling and deglobalisation, ASEAN’s fierce neutrality and non-alignment could be the only, truly precious factor that could ‘save’ many of the world’s critical supply chains.

Resolving ASEAN Issues Requires Team Effort; Strong Economies To Lead - Tengku Zafrul

KUALA LUMPUR, Jan 9 (Bernama) — Resolving ASEAN’s issues, whether it is about Myanmar or the South China Sea, should be a team sport and not solely rest on the 10-member bloc’s chair.