1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s rubber industry recorded a mixed performance this year, with output and exports, including external demand for gloves contracting, while the lesser commodities of cocoa and pepper bucked the trend by showing resilience.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, influenced by downtrends in regional rubber futures, declining crude oil prices, and a slightly stronger ringgit against the US dollar, said a dealer.
1m ago
BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
1m ago
KUALA LUMPUR, Dec 16 (Bernama) -- Hilton and Explora Journeys, the ultra-luxury ocean travel brand of MSC Group, have unveiled an exclusive partnership that brings high-end cruising into Hilton’s global loyalty ecosystem, marking Hilton’s first major expansion into luxury ocean travel.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
1m ago
KUALA LUMPUR, Dec 15 (Bernama) -- Multiplex Property Group strengthened its operational presence with the opening of its new headquarters in Taman Bukit Serdang, Selangor, alongside the soft launch of its latest residential development, Alamanda Heights Residence.
1m ago
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, underpinned by sustained buying in selected heavyweights, particularly in the industrial products, utilities and financial services sectors.
1m ago
KUALA LUMPUR, Dec 15 (Bernama) -- Khazanah Nasional has completed the restoration of Seri Negara, one of the nation’s historic buildings where the 1957 Federation of Malaya Agreement was signed, marking Malaysia’s independence.