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Ringgit Gains Against Singapore Dollar Unlikely To Hit Trade

JOHOR BAHRU, Jan 11 (Bernama) -- The ringgit’s recent strengthening to around 3.16 against the Singapore dollar was expected and has had little impact on cross-border trade between Malaysia and Singapore, an academic said.

Opening Of A-ASign's New Office Strengthens Perak As GBS Hub - Saarani

IPOH, Jan 8 (Bernama) -- The opening of A-ASign Corporation Sdn Bhd’s new operations office in Ipoh reflects investor confidence in Perak as a strategic location for the growth of high-value service industries and the digital economy.

RHB IB Sees Steady Cement Demand From 13MP Infrastructure Projects

KUALA LUMPUR, Jan 8 (Bernama) -- RHB Investment Bank Bhd expects cement demand to remain steady, supported by infrastructure projects under the 13th Malaysia Plan (13MP), which has targeted RM430 billion in gross development expenditure for the 2026–2030 period, compared with RM415 billion under the 12th Malaysia Plan.

Ringgit Opens Firmer Against US Dollar, Major Currencies

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight.

PM Anwar Calls For Malaysia-Turkiye Cooperation In Technology, Digitalisation And AI

KUALA LUMPUR, Jan 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that Malaysia and Turkiye should work together in areas such as sharing technologies, digitalisation, and artificial intelligence (AI) to confront global challenges and achieve mutual prosperity.

CGS International Upbeat On Malaysia's Economy, Sets KLCI End-2026 Target At 1,810

KUALA LUMPUR, Jan 7 (Bernama) --  The outlook for Malaysia's economy remains positive for this year,  as such, CGS International Securities Malaysia Sdn Bhd has set an end-2026 KLCI target of 1,810, supported by a strengthening ringgit and encouraging policy impacts.

SAMENTA Hails Govt's RM80 Bln SME Support Package To Weather Compliance Challenges

KUALA LUMPUR, Jan 6 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the comprehensive support package valued at nearly RM80 billion for Malaysian small and medium enterprises (SME) as a critical injection of liquidity and a buffer against the rising costs of compliance.

FMM Calls For SST Relief On Rentals, Logistics To Avoid Compounding Tax Effects

KUALA LUMPUR, Jan 6 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) recommends exempting small and medium enterprise (SME) manufacturers of taxable goods from paying Sales and Service Tax (SST) on input services such as rentals and logistics, to prevent compounding tax-on-tax effects that drive up costs.

Bursa Malaysia Bucks Regional Trend, CI Down 0.45 Pct On Mild Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia ended lower on Tuesday, with the key index slipping 0.45 per cent amid a lack of catalysts and mild profit-taking following recent gains, in contrast with regional markets.  

Putra Heights Incident: Balancing Safety And Urban Development

KUALA LUMPUR, Sept 1 (Bernama) -- When a Petronas Gas Bhd (PGB) pipeline ruptured in Putra Heights during the Hari Raya Aidilfitri holidays, sending a fireball hundreds of metres into the air, it was a stark reminder of how modern development and critical infrastructure must coexist safely.

Manufacturers Should Remain Vigilant Over Rising Construction Material Cost -- REHDA

PETALING JAYA, Jan 6 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (REHDA) has urged local producers and manufacturers to remain vigilant over the rising cost of construction materials, which could impact the affordability of property prices.

Kioxia Unveils BG7 Solid State Drives For PC OEMs

KUALA LUMPUR, Jan 6 (Bernama) -- Kioxia Corporation has introduced the KIOXIA BG7 Series solid state drives (SSDs), its first client SSDs to feature BiCS FLASH generation 8 3D flash memory with CMOS directly Bonded to Array (CBA) technology.