15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
15d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
15d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit traded at 3.9540 against the US dollar at the lunch break, marking a fresh high since May 15, 2018, when it last stood at the same level, and extending its run of fresh highs.
15d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Positive economic data have reinforced the position and strength of the ringgit, Prime Minister Datuk Seri Anwar Ibrahim said.
15d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, opening 0.63 per cent higher to reach a new peak not seen since June 2018, supported by continued foreign fund inflows following heavy outflows last year.
16d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
16d ago
PASIR GUDANG, Jan 26 (Bernama) -- Malaysia is cementing its leadership in sustainable aviation and energy transition with the launch of the country’s first commercial-scale sustainable aviation fuel (SAF) plant at Tanjung Langsat today.
16d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
19d ago
KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia remains open to foreign investments, particularly from enterprises that bring global connectivity, said Transport Minister Anthony Loke.
19d ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.
19d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.
19d ago
By Engku Shariful Azni Engku Ab Latif
CHENNAI, Jan 23 (Bernama) -- Enterprises should integrate both digital and physical security data, such as biometric systems, into a central monitoring platform to reduce the risk of data breaches, said IT management software provider ManageEngine.