3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
4d ago
PASIR GUDANG, Jan 26 (Bernama) -- Malaysia is cementing its leadership in sustainable aviation and energy transition with the launch of the country’s first commercial-scale sustainable aviation fuel (SAF) plant at Tanjung Langsat today.
4d ago
KUALA LUMPUR, Jan 26 (Bernama) -- TOURISE, the global platform shaping a new horizon for tourism, successfully advanced the sector’s strategic importance at the World Economic Forum Annual Meeting in Davos, advocating for its recognition as a vital economic system connecting industries, economies, and regions.
4d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia is set to host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 to 23.
4d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s fundamentals “remain encouraging,” supported by quality foreign direct investment (FDI) inflows, upbeat growth, a wider trade surplus and a clear commitment to fiscal consolidation, said OCBC Group Research.
4d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.
4d ago
KUALA LUMPUR, Jan 26 (Bernama) -- The National Infrastructure Fund (Infra) and HUMAIN announced a Strategic Financing Framework Agreement of up to US$1.2 billion to expand artificial intelligence (AI) and digital infrastructure projects in the Kingdom of Saudi Arabia. (US$1=RM3.98)
4d ago
PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.
6d ago
BUKIT MERTAJAM, Jan 24 (Bernama) -- The ringgit’s performance, now among the best in Asia, proves the effectiveness of good governance policies, political stability, and investor confidence in the country’s economic direction.
6d ago
KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid profit-taking activities following easing geopolitical tensions.
6d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 24 (Bernama) -- The rubber market is expected to move sideways next week as buying is limited to immediate needs and replenishment, according to industry expert Denis Low.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week.