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Labuan's Asian Supply Base Secures First International Client For Major Philippines Energy Project

LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.

AIBC Leadership To Boost ASEAN-India Trade, Investment Ties

KUALA LUMPUR, Sept 21 (Bernama) -- The newly appointed leadership of the ASEAN-India Business Council (AIBC) has reaffirmed its commitment to promote private sector cooperation in trade and investment, in line with the ASEAN Economic Community (AEC) Blueprint 2025.

Proton e.MAS 7 Tour Kicks Off Oct 5, Eyeing EV Market Lead

By Zarul Effendi Razali

SHAH ALAM, Sept 21 (Bernama) -- Proton Holdings Bhd is confident that the Proton e.MAS 7 Tour will help the national carmaker achieve its goal of making the Proton e.MAS 7 the top-selling electric vehicle (EV) in the country.

FBM KLCI Futures Poised For Gains Next Week On Cash Market Strength

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is poised to rise next week, tracking an anticipated upward trend in the underlying cash market.

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

Bursa Malaysia Set To Trend Higher Next Week

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

KUALA LUMPUR, Sept 20 (Bernama) --  Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

Tealive Eyes Indonesia, But Only If It Has 100 Stores In The Philippines

KUALA LUMPUR, Sept 20 (Bernama) -- Loob Holding Sdn Bhd, which owns bubble tea brand Tealive, is planning to strengthen its overseas portfolio and is eyeing Indonesia next year.

US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM

By Vijian Paramasivam

KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

Sulaiman Mahbob: Steering MIDA Through Economic Crossroads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Ringgit Hits 28-month High Against USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night,