1y ago
By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG), part of Nikkiso Co Ltd’s Industrial Business segment, has appointed Jeff Mumford as its new Executive Vice President of Operations and Manufacturing, effective Jan 2.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Senai Airport City Sdn Bhd and Lincotec Technology (Malaysia) Sdn Bhd, a wholly owned subsidiary of Taiwan’s Linco Technology Co. Ltd, have entered into a sale and purchase agreement for Lincotec to acquire 4.02 hectares (9.93 acres) of industrial land.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The local rubber market closed lower on Thursday, in tandem with the downtrend in the regional rubber futures market due to the impact of US economic policies, said a dealer.
1y ago
SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).
1y ago
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) – Malaysia’s expertise in halal food products combined with Peru’s premium agricultural raw material inputs, such as quinoa, chia seeds, and cashew nuts, offers immense potential for joint ventures (JVs) between the two nations.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- More than 350 influential leaders from the government and industry are expected to attend the REHDA Institute CEO Series 2025 conference next month to discuss global real estate trends and actionable strategies for driving Malaysia’s economic resilience and sustainable development.