1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.
1y ago
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, mirroring global gold market weaknesses ahead of the United States Federal Open Market Committee (FOMC) meeting on Wednesday.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- ASEAN governments need to ensure that the interconnection of their power grids becomes a reality as there will be no energy transition without the interconnectivity in this region, said Sarawak Energy Bhd group chief executive officer Datuk Sharbini Suhaili.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia closed flat on Tuesday amid a mixed regional performance, with the key index just managing to stay up on late buying in selected heavyweight stocks.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Singapore is once again the world’s most financially inclusive market for the third year in a row, among 41 markets analysed, as measured by Principal Financial Group's third edition of the Global Financial Inclusion Index.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 8 (Bernama) -- Indian refiners' decision to cancel approximately 100,000 metric tonnes of palm oil purchases in response to its government’s recent import tax hike is considered a temporary measure, said Malaysia’s Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani today.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, influenced by the downward momentum in the regional rubber futures markets and declining benchmark crude oil prices, a dealer said.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) – The government has announced support for local oil palm smallholders to help them meet the new European Union Deforestation Regulation (EUDR) deadline, which has been extended to Dec 30, 2025.