MAG Appoints Sagar Sanjay As MAG Catering Operations Ceo

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia Aviation Group (MAG) has appointed Sagar Sanjay Dighe as MAG Catering Operations (MCAT) chief executive officer effective Nov 1, 2024.

Bursa Malaysia Extends Loss At The Close Amid Downbeat Regional Performance

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.

Ringgit Extends Gains, Opens At 4.1150 Vs US Dollar 

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.

No Decision Yet On Labuan Integrated Port Proposal - Deputy Minister

LABUAN, Sept 27 (Bernama) -- The Ministry of Transport (MoT) has not yet reached a decision regarding the proposed Labuan Integrated Port, intended to replace the over 50-year-old Labuan Liberty Wharf.

Improve Infrastructure, Ecosystem To Reduce Port Congestion - Anwar

KLANG, Sept 27  (Bernama) – The infrastructure and ecosystem at the port need to be continuously streamlined and improved to reduce the issue of congestion at the country’s ports, said Datuk Seri Anwar Ibrahim.

Ringgit Regains Strength Against US Dollar At Opening

KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst. 

Bursa Malaysia Ends Marginally Lower On Profit-taking, Bucking Regional Trend

By Karina Imran

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia closed marginally lower on Thursday on profit-taking after previous strong gains, bucking the regional trend, an analyst said. 

Fadillah To Lead Malaysian Delegation At ASEAN Energy Summit In Laos

From Norsyafawati Ab Wahab

VIENTIANE (LAOS), Sept 24 (Bernama) -- Deputy Prime Minister, Datuk Seri Fadillah Yusof, who is also Minister of Energy Transition and Water Transformation, will lead Malaysia's delegation to the 42nd ASEAN Ministers on Energy Meeting (AMEM) and its associated meeting in Vientiane, Laos, from Sept 26 to 27.

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.

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.

Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).

Gentrification Of Islamic Finance - More Than Just Shariah Compliance 

LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.