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Bin Zayed International Commits US$2 Bln Investment In Malaysia Over Next Five Years

KUALA LUMPUR, Nov 22 (Bernama) -- Global investment conglomerate Bin Zayed International Group of Companies (BZI) has committed to investing US$2 billion (US$1=RM4.466) in Malaysia over the next five years. 

Ringgit Retreats After Three Days Of Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.

Penang Welcomes HK Express’ Inaugural Flight From Hong Kong

GEORGE TOWN, Nov 22 (Bernama) -- Penang today welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong, marking a milestone in the state’s tourism development.

Ringgit Extends Uptrend Against Greenback In Early Trade

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit extended its recent positive momentum to trade slightly higher against the US dollar in the early session on Friday.

Oriental Holdings 3Q Net Profit Falls 70.1 Pct To RM88.87 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Oriental Holdings Bhd has recorded a 70.1 per cent lower net profit to RM88.87 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM297.42 million in the same period last year.

Ringgit Rises Against US Dollar For Third Consecutive Day

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.

Hap Seng 3Q 2024 Net Profit Soars Nearly Fourfold To RM193.11 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.

Cargill Enhances Singapore Innovation Center To Drive Food Innovation For Asia’s Evolving Market

KUALA LUMPUR, Nov 21 (Bernama) -- Cargill is enhancing its Singapore Innovation Center with support from the Singapore Economic Development Board (EDB) and Enterprise Singapore to advance food innovation, further contributing to Asia’s vibrant food ecosystem.

Southeast Asian Energy Sector Stakeholders Focus On Reducing Methane Emissions

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas and other stakeholders in Southeast Asia’s energy sector have declared that the sector can play a leading role in the region’s decarbonisation efforts by focusing on reducing methane emissions.

Johor Tables State Budget 2025 With Surplus Of RM5.12 Mln

ISKANDAR PUTERI, Nov 21 (Bernama) -- The state government tabled the Johor Budget 2025 with a surplus of RM5.12 million at the Johor State Legislative Assembly sitting here today. 

Malaysia Proposes Changes To Global Financial Architecture For Fair Trade

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia has called upon the International Monetary Fund (IMF) and World Trade Organisation (WTO) to reform the global financial architecture to support free trade without discrimination against smaller nations, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Opens Lower Against Greenback On Cautious Sentiment

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.