1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
1y ago
PUTRAJAYA, Dec 19 (Bernama) – Turkmenistan and Malaysia are poised to strengthen bilateral economic cooperation, focusing on energy, trade, and innovation, said Turkmenistan President Serdar Berdimuhamedow.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (US$1=RM4.467) in the 11 months of 2024, matching the total trade volume for all of 2023.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.
1y ago
GEORGE TOWN, Dec 5 (Bernama) -- There will not be any major changes in the economic relations between the United States (US) and Malaysia under the new leadership, said US Ambassador to Malaysia Edgard D Kagan.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- There has been no official proposal agreed upon by BRICS member countries regarding de-dollarisation in trade matters, said Investment, Trade, and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Dec 3 -- The first comprehensive Free Trade Agreement (FTA) between Malaysia and the United Kingdom (UK), through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will boost trade and investment relations between both countries.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
1y ago
KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.
1y ago
From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 26 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by the uptrend in the regional rubber futures markets and steady crude oil prices, a dealer said.