19d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Thursday, pressured by profit-taking following calls by an Indonesian industry group to delay the B50 biodiesel mandate.
19d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.
19d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.
20d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.
20d ago
BANGKOK, Aug 13 (Bernama) -- Thailand has established the Ministry of Commerce One Stop Service (MOC OSS) Centre to assist Thai businesses in responding to United States (US) tariff measures, offering comprehensive trade services ranging from tax advisory to market expansion to help reduce export costs.
21d ago
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected.
21d ago
KUALA LUMPUR, Aug 12 (Bernama) -- Spirit AeroSystems Malaysia Sdn Bhd’s stable earnings are expected to complement Composites Technology Research Malaysia Sdn Bhd (CTRM) operations and strengthen DRB-Hicom Bhd’s overall financial performance, said Hong Leong Investment Bank Bhd (HLIB).
21d ago
By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah
KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.
21d ago
KUALA LUMPUR, Aug 12 (Bernama) -- National motorcycle manufacturer Motosikal dan Enjin Nasional Sdn Bhd (Modenas) is charting an ambitious growth path with plans to expand its product lineup, boost exports and scale up production capacity in the coming years, as it celebrates three decades of operations.
22d ago
KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.
22d ago
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's crude palm oil (CPO) exports continue to play an important role in the palm oil industry, as they help ensure that Malaysia does not lose market share to its closest competitor, Indonesia.