Khazanah Invested Over RM4 Bln In Desaru Coast And Legoland Malaysia - MOF

KUALA LUMPUR, Nov 12 (Bernama) -- Khazanah Nasional Bhd, through its wholly owned subsidiary Destination Resorts and Hotels Sdn Bhd, has invested over RM4 billion in the development of Johor’s Desaru Coast and Legoland Malaysia Resort, according to the Ministry of Finance (MOF).

MIDA: Central Region’s Strength Lies In Quality Infrastructure, Coordination, Partnerships

KUALA LUMPUR, Nov 12 (Bernama) -- The Central Region’s industrial strength lies not only in its physical infrastructure but also in the close collaboration among governments, investors and industry players, according to the Malaysian Investment Development Authority (MIDA).

RAC, MARIC Ink MoU To Strengthen Malaysia's Rail Industry Development

SEPANG, Nov 11 (Bernama) -- A newly forged collaboration between Railway Assets Corporation (RAC) and Malaysia Rail Industry Corporation (MARIC) is expected to serve as a catalyst for greater local participation in the rail value chain, reinforcing Malaysia’s vision to become a regional hub for rail technology and services.

Sarawak's Abdul Karim Becomes First Asian Minister To Address ICCA Congress In Portugal

KUCHING, Nov 11 (Bernama) -- Sarawak Minister of Tourism, Creative Industry and Performing Arts Datuk Seri Abdul Karim Rahman Hamzah made history by becoming the first minister from Asia to address a session on government collaboration at the 65th International Congress and Convention Association (ICCA) Congress in Porto, Portugal.

Lighthouse Canton Secures US$40 Mln Funding For Next Phase Of Growth

KUALA LUMPUR, Nov 11 (Bernama) -- Global investment institution, Lighthouse Canton has raised US$40 million in a strategic investment round led by Peak XV Partners to accelerate its next phase of growth. (US$1=RM4.15)

Central Region Industrial Cluster Development Initiative To Strengthen Malaysia's Ecosystem -- Tengku Zafrul

KUALA LUMPUR, Nov 11 (Bernama) -- The central region industrial cluster development initiative is set to strengthen ecosystems by deepening supply chains, directly supporting local enterprises to scale, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Opens Higher Vs Greenback On Continous Buying Interest

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

Eni, Petronas JV To Launch Eight Upstream Projects In Indonesia, Malaysia

KUALA LUMPUR, Nov 10 (Bernama) -- The newly established NewCo, a joint venture (JV) between Italian energy company, Eni S.p.A and Petronas, is set to launch eight new upstream projects across Indonesia and Malaysia within the next three years as part of a large-scale regional gas development drive.

BNM’s International Reserves At US$123.8 Bln As At Oct 31

KUALA LUMPUR, Nov 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$123.8 billion as at Oct 31, 2025, compared to US$123.4 billion as at Oct 15, 2025.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

Ipoh Sentral Project To Offer Over 20,000 Job Opportunities

BATU GAJAH, Nov 6 (Bernama) -- More than 20,000 job opportunities will be created through the Ipoh Sentral development project which is expected to be a major catalyst for Perak's economic growth in the next few years.

Ringgit’s Strong Run Backed By Narrowing Rate Gap, Domestic Resilience

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.