LATEST NEWS   At 6 pm, the ringgit rose to 4.0650/0690 versus the US dollar from Wednesday’s close of 4.0670/0715. | MPRC should lead the OGSE sector by building industry capacity, expanding market access and turning overseas opportunities into business outcomes — Akmal Nasrullah | Malaysia and Turkmenistan expected to sign a long-term hydrocarbon cooperation agreement on June 19 as part of efforts to strengthen the energy supply chain -- Akmal Nasrullah | Global supply crisis: Govt strengthening buffer stocks, to accelerate access to critical medicines if needed - Akmal Nasrullah | Global supply crisis: Labour forces rises to 17.33 million people, participation rate remains strong at 70.9 pct in April - Akmal Nasrullah | 

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Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

Budget 2025: Call For Government To Address Labour Shortage In Automotive, EV Technology

KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.

Ringgit Up Vs USD On Trump's Tariff Hike Plan

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Bernamabiz News Portal Goes Live Today

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian National News Agency’s (Bernama) business portal, BERNAMABiz, goes live today, offering a dedicated news portal that provides comprehensive, real-time insights into the rapidly evolving business and economic landscape, both locally and globally.

Govt Recovers RM27.17 Bln Linked To 1MDB As Of September 2024 - Yeoh

KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024. 

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

Malaysia Aviation Group's First A330neo Delivery Delayed, Some Flights Impacted

KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.

FBM KLCI Ends Higher On Buying In Selected Stocks

By Rosemarie Khoo

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.

Supply Bill 2025 Tabled For First Reading In Dewan Rakyat

KUALA LUMPUR, Oct 15 (Bernama) -- The Supply Bill 2025 (Budget 2025) was tabled for the first reading in the Dewan Rakyat today.