5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) have maintained their status as the leading brands in the oil and gas (O&G) and utility sectors in ASEAN, respectively, according to Brand Finance’s inaugural Energy 100 report.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure that the economic policies under its purview in the 13th Malaysia Plan (13MP) are implemented effectively, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit extended its gains to open higher against the US dollar today, as investor sentiment on risk assets rebounded amid talk of a possible United States (US) interest rate cut, an economist said.
5m ago
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed by continued selling in selected heavyweight counters despite promising uptake from the 13th Malaysia Plan (13MP) announcement last week and the US tariff reduction on Malaysian goods.
5m ago
By Anas Abu Hassan
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
5m ago
BUKIT MERTAJAM, Aug 3 (Bernama) -- Paramount Corp Bhd's unit, Paramount Property (Utara) Sdn Bhd is confident its newly-launched project here, Paramount Embun Hills, will be fully taken up, given the project’s strategic location and design.
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
5m ago
PUTRAJAYA, Aug 1 (Bernama) -- NanoMalaysia Bhd (NMB), an agency under the Science, Technology and Innovation Ministry (MOSTI), has inked a memorandum of understanding (MoU) with three companies to explore the use of agricultural waste to produce cellulose nanofibers for advanced engineering applications for industrial and end-user market deployment.
5m ago
PUTRAJAYA, Aug 1 (Bernama) -- Progressive trade outcomes such as the United States’ (US) decision to reduce tariffs on Malaysian exports will have positive ripple effects across multiple sectors, including construction and manufacturing, said Housing and Local Government Minister Nga Kor Ming.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The United States’ decision to reduce tariff on Malaysian exports to 19 per cent from 25 per cent is a significant achievement and stems from Malaysia’s thorough and methodical negotiating process, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.