1y ago
KUALA LUMPUR, Feb 22 (Bernama) -- The ringgit is expected to move towards its immediate support level of RM4.36 against the US dollar in the coming week, driven by optimism surrounding a less aggressive tariff trade approach by Donald Trump’s administration.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday in line with the strong performance of soybean oil, said an analyst.
1y ago
KUALA LUMPUR, Feb 21 (Bernama) -- The ringgit continued to rise, reaching a nearly three-week high against the US dollar as optimism increases that the new administration under Donald Trump will take a more targeted and gradual approach to implementing higher import tariffs.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics (E&E) sector.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s decision to transition from a Single Wholesale Network to a Dual Network model for 5G deployment is expected to drive competition, attract investment, and accelerate the country’s digital transformation, according to the GSM Association (GSMA).
1y ago
ISKANDAR PUTERI, 19 Feb (Bernama) -- Singapore-based United Overseas Bank Ltd (UOB) has launched a “green lane” with Invest Johor to fast-track investments into the Johor-Singapore Special Economic Zone (JS-SEZ).
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
1y ago
SINGAPORE, Feb 18 (Bernama) -- Singapore’s Prime Minister and Finance Minister, Lawrence Wong, has presented the republic’s financial year 2025 Budget Statement today, aimed at advancing the Forward Singapore agenda.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, achieved record revenue of RM403.8 million in the 2024 financial year.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.
1y ago
KUALA LUMPUR, Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.