| LATEST NEWS | South China Sea Code of Conduct is not an instrument to resolve overlapping claims, but a framework to ensure the waters remain safe as a trade route — Mohamad | Ringgit likely to go below 4.00 vs US dollar in 2H2026 when more visibility emerges on Fed rate cuts -- AmBank chief economist | AmBank raised its 2025 GDP growth forecast to 4.9 pct from 4.6 pct, and sees 2026 growth at 4.5 pct, citing greater clarity from recent trade agreements | Misuse of Grok: Communications Ministry to re-examine eight-million-user threshold for social media licensing requirement - Fahmi | OPR likely to remain unchanged at 2.75 pct throughout 2026 -- AmBank chief economist | |
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil.
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
KUALA LUMPUR, Nov 6 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) posted a wider net loss of RM246.42 million during the third quarter ended Sept 30, 2024 (3Q 2024), as compared to a net loss of RM55.58 million in the same quarter last year.
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
KUALA LUMPUR, Nov 5 (Bernama) -- SMART Modular Technologies Inc (SMART), a Penguin Solutions Inc brand and a global leader in integrated memory solutions, solid-state drives (SSDs), and hybrid storage products, announced its new ruggedised T6EN PCIe/NVMe flash drives for aerospace, defence, and industrial applications.
KUALA LUMPUR, Nov 5 (Bernama) -- TCS Group Holdings Bhd’s wholly owned subsidiary TCS Construction Sdn Bhd (TCSC) has secured an RM86.38 million contract from Sime Darby Property Bhd to construct 60 units of two-storey semi-detached factories in Elmina Business Park, Selangor.
KUALA LUMPUR, Nov 5 (Bernama) -- The Advanced Technology Research Council’s (ATRC) commercialisation arm, VentureOne, has launched SteerAI, which offers an advanced mobility system powered by artificial intelligence (AI) that can transform standard industrial vehicles into autonomous powerhouses.
KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.
BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.
KUALA LUMPUR, Nov 2 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer (CSSO) effective Nov 1, 2024.
