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Malakoff Inks MoU With EESB To Develop Green Power Projects In Sarawak

KUCHING, July 15 (Bernama) -- Independent power producer Malakoff Corp Bhd today formalised a memorandum of understanding (MoU) with real estate and construction group Evergreen Earth Sdn Bhd (EESB) to develop Sarawak’s green power projects. 

Ringgit Opens Higher Against US Dollar On Upbeat China Data

KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.

Ringgit Eases Against US Dollar Amid Cautious Market Sentiment

KUALA LUMPUR, July 14 (Bernama) -- The ringgit closed easier against the US dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.

Ahmad Zahid Highlights Three Priority Areas To Enhance Malaysia-NZ Cooperation

From Ahmad Erwan Othman

AUCKLAND, July 14 (Bernama) -- Malaysia has identified three priority areas for enhanced cooperation with New Zealand, namely sustainability, digital transformation and food security.

Ringgit Rises As US Plans New Tariffs

KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Monday, lifted by concerns over Washington’s plan to impose tariffs on three major trading partners from Aug 1, 2025.

Brisk Ringgit Transactions Ensure Malaysian Currency Maintains High Global Standing

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.

Ringgit Likely To Move Between 4.24-4.26 Against US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 12 (Bernama) -- The ringgit is expected to remain volatile next week, moving in the range between 4.24 and 4.26 against the US dollar, an analyst said. 

Gold Futures Seen Higher Next Week On Geopolitical Risk Premium

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trend higher within a stable range of US$3,300 to US$3,350 next week, supported by persistent geopolitical risk, said SPI Asset Management managing partner Stephen Innes.

Affin Group Achieves MSCI ESG Rating Upgrade To AA

KUALA LUMPUR, July 11 (Bernama) -- Affin Bank Bhd has been upgraded from ‘A’ to ‘AA’ in the Morgan Stanley Capital International (MSCI) environmental, social and governance (ESG) ratings.

US Economic Data, Trade Uncertainty Weigh On Ringgit At Close

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 11 (Bernama) -- The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.

Johor Boosts Investments By Creating New Economic Wave In Digital, AI Sectors

By Mohamad Syazwan Mustafa

JOHOR BAHRU, July 9 (Bernama) -- Johor has become one of the most vibrant investment destinations in Malaysia as it continues to record investment approvals totalling RM30.1 billion in the first quarter of this year, creating momentum and a new wave in the country's investment ecosystem through the digital and artificial intelligence (AI) sectors.

MARC Ratings Projects Malaysian Economy To Grow By 4.4 Pct In 2025

KUALA LUMPUR, July 11 (Bernama) -- The Malaysian Rating Corporation Bhd (MARC Ratings) forecasts the Malaysian economy to grow by 4.4 per cent in 2025, down from 5.1 per cent in 2024, as external trade uncertainties dampen export momentum.