1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The local rubber market continued to close lower on Friday, in tandem with a downtrend in the regional rubber futures markets due to underwhelming global factory activity data that signalled a rocky economic outlook, a dealer said.
1y ago
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 31 (Bernama) — Several airlines encountered devastating challenges, transforming the end of the year into a tragic chapter for aviation worldwide, resulting in a somber and deadly December for many, marking a stark contrast to hopes for a prosperous conclusion to the year.
1y ago
By Nor Baizura Basri
KUALA LUMPUR, Dec 30 (Bernama) -- ASEAN economies can emulate Malaysia’s move to renew some of its bilateral trade deals with partner countries to include sustainability elements and the changing dynamics of the global investment landscape.
1y ago
KUALA LUMPUR, Dec 29 (Bernama) -- A well-designed approach can be transformative for Malaysia’s carbon markets as it incentivises industries to reduce emissions while creating a foundation for a robust carbon trading ecosystem, said Engie Services Malaysia Sdn Bhd.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 28 (Bernama) -- Year-end window dressing activities are expected to drive Bursa Malaysia's continued uptrend next week, fuelled by positive sentiment, according to UOB Kay Hian Wealth Advisors Sdn Bhd.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- The government has initiated an administrative (sunset) review of anti-dumping duties on imports of cold rolled coils of iron, or non-alloy steel, and of width more than 1,300 mm, originating or exported from China, South Korea, Japan, and Vietnam.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia opened marginally higher today, tracking the positive movement of Wall Street's performance overnight, an analyst said.