Ringgit Remains Lower Against US Dollar In Early Trade
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said.
| LATEST NEWS | Selangor Sultan calls on Haj pilgrims to maintain discipline, obey rules in the Holy Land, protect Malaysia's good name | 10,000 traders under KL City Hall (DBKL) supervision receive 50 percent reduction in site rental rates until 2027 - Hannah Yeoh | Selangor Sultan advises prospective Haj pilgrims to control spending in the Holy Land, especially in an uncertain global economic situation | |
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Malaysia To Enhance Economic Co-operation With Pacific Alliance
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia aims to capitalise on opportunities by enhancing economic co-operation with the Pacific Alliance, said Deputy Investment, Trade, and Industry Minister Liew Chin Tong.
VS Industry Net Profit Declines To RM30.6 Mln In 1Q FY2025
KUALA LUMPUR, Dec 3 (Bernama) -- VS Industry Bhd, an integrated electronics manufacturing services provider, posted a lower net profit of RM30.6 million in the first quarter ended Oct 31, 2024 (1Q FY2025), as compared with RM48.98 million registered in the same period a year ago.
MIDF Optimistic On Malaysia's Trade Outlook Due To Export Demand
KUALA LUMPUR, Dec 3 (Bernama) -- MIDF Amanah Investment Bank Bhd remains optimistic about Malaysia’s trade outlook and the manufacturing sector’s growth prospects, given the improved export demand.
BNM Issues Three Commemorative Coin Designs For Sale Until Dec 9
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has issued three different commemorative coin designs in conjunction with the 150th anniversary of the Public Works Department (JKR), 50th anniversary of the Rubber Industry Smallholders Development Authority (RISDA), and the 50th anniversary of Malaysia-China Diplomatic Relations (MCDR).
Capitaland Malaysia Trust To Acquire Elmina Logistics Hub For RM180 Mln
KUALA LUMPUR, Dec 2 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire a freehold automated logistics property from PTT Logistics Hub 1 Sdn Bhd for RM180 million.
Malaysia's November Manufacturing PMI Eases To 49.2
KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.
Analysts Positive On Sime Darby FY2025 Earnings Growth
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
Wasco Records Net Profit Of RM25.02 Mln In 3q
KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.
Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.
Pharmaniaga Records 3Q Net Profit Of RM101.03 Mln
KUALA LUMPUR, Nov 26 (Bernama) -- Pharmaniaga Bhd has recorded a net profit of RM101.03 million in the third quarter (3Q) ended Sept 30, 2024, from a net loss of RM49.34 million in the same period last year.
TD Furniture Eyes 30 Pct Growth With AI, Smart Factory Tech
From Syamsiah Sahat
GUANGZHOU, Nov 26 (Bernama) -- TD Furniture Group, a leading Malaysian manufacturer of sofas and cabinets, is set to ramp up production by as much as 30 per cent, a move poised to add approximately RM7.0 million to its bottom line next year.