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Rubber Market Ends Lower Amid Weaker Regional Performance, Crude Oil Prices

KUALA LUMPUR, Jan 6 (Bernama) -- The local rubber market closed lower on Monday following a downtrend in regional rubber futures markets and weaker benchmark crude oil prices, said a dealer.

MYMBN Yet To Fully Quantify Financial Impact Due To Temporary Suspension Of Bird’s Nest Exports To China

KUALA LUMPUR, Dec 31 (Bernama) -- Bird's nest processor MYMBN Bhd has yet to fully quantify the financial impact of the temporary suspension of bird’s nest exports to China.

Bursa Malaysia Likely To Remain Cautious Next Week

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. 

Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.

MSPO 2.0 Reinforces Malaysia's Leadership In Sustainable Palm Oil Production -- MPOC

KUALA LUMPUR, Jan 3 (Bernama) -- The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).

Malaysia Implements MSPO 2.0 To Boost Sustainable Palm Oil Standards

KUALA LUMPUR, Jan 1 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) officially comes into effect today, introducing stricter guidelines for sustainability, traceability, and ethical practices in palm oil production.

Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct

By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

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.

MFPC Urges Policyholders To Retain Coverage Amid MHIT Premium Adjustments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.

Well-designed Approach For Carbon Market Creates Robust Trading Ecosystem - Engie

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.

Gig Economy Expands In 2024 Amid Push For Worker Protections

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.

Ringgit Strengthens Against US Dollar As Rising Oil Prices Lift Sentiment

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.