13d ago
KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.
13d ago
KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
13d ago
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
13d ago
KUALA LUMPUR, April 28 (Bernama) -- The first overseas edition of Guangdong’s “Goods Go Global” trade promotion programme has brought more than 70 manufacturers from Zhongshan to Kuala Lumpur, showcasing consumer goods and smart manufacturing products over the weekend.
13d ago
KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.
13d ago
KUALA LUMPUR, April 28 (Bernama) -- Political stability is crucial for any country or economy to overcome mounting economic challenges amid global uncertainty, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.
15d ago
KUALA LUMPUR, April 26 (Bernama) -- Former English sub-editor of the Malaysian National News Agency (Bernama) Teoh Hock Siew passed away on April 25 at the age of 80.
17d ago
KUALA LUMPUR, April 24 (Bernama) -- The third Regional Asian Post Alliance (RAPA) Meeting was held in Hanoi, Vietnam, bringing together postal authorities from Vietnam, Thailand and Indonesia to discuss regional cooperation in logistics, digital commerce and retail connectivity.
20d ago
KUALA LUMPUR, April 21 (Bernama) -- Malaysia cannot continue to rely on broad-based subsidies and price controls, and must instead shift its focus towards managing supply, prioritising spending and reducing dependence on external resources amid ongoing supply constraints, said economist Dr Nungsari Ahmad Radhi.
20d ago
KUALA LUMPUR, April 21 (Bernama) -- ASEAN must reposition itself as the “indispensable middle” in an increasingly fragmented global order while accelerating regional integration and strengthening its economic fundamentals to remain competitive amid intensifying global uncertainties, said Deputy Finance Minister Liew Chin Tong.
21d ago
BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.