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Ringgit Surges Against US Dollar Amid Renewed Global Risk Appetite

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.

Malaysia’s Natural Gas Production Rebounds, Up 3 Pct In 2024 -- DOSM

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s natural gas production rose three per cent to 2,948.8 billion cubic feet in 2024, rebounding from previous declines, the Department of Statistics Malaysia (DOSM) said.  

GDP Growth, Bursa Malaysia’s Positive Performance Benefit Rakyat -- PM Anwar

​KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.

MITI Urges Solar Industry To Tap ASEAN Markets Amid US Tariff 

KUALA LUMPUR, March 4 (Bernama) -- Local solar industry players should explore alternative markets, particularly in ASEAN, to reduce reliance on the United States (US), the Ministry of Investment, Trade and Industry (MITI) said.  

Twilio Partners Singtel To Bring Secure, Branded Messaging To Businesses In Singapore

KUALA LUMPUR, March 3 (Bernama) – Twilio, the customer engagement platform, has partnered with Singtel, Asia’s leading communications technology group, to offer businesses in Singapore a platform for secure, branded messaging directly to customers' mobile inboxes.

Reinforce Centrality, Focus On Realistic Targets And Delivery, ASEAN-BAC’s Nazir Razak Tells Grouping

KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.

US Tariff Plans To Be Discussed At 31st ASEAN Economic Ministers' Retreat - Tengku Zafrul

KOTA TINGGI, Feb 28 (Bernama) -- The tariff plans imposed by the United States (US) will be one of the topics discussed at the 31st ASEAN Economic Ministers’ (AEM) Retreat today.

LyondellBasell, Sipchem Secure Feedstock Allocation For Joint Saudi Project 

KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Axis-REIT To Dispose Of The Annex For RM24.2 Mln, Net Gains To Be Distributed To Unitholders

KUALA LUMPUR, Feb 26 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) is disposing of The Annex in Petaling Jaya for RM24.2 million, with net gains from the transaction to be distributed to unitholders.

Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln

KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).