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Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

Negeri Sembilan Unveils US$20 Bln Nilai Photonic AI Manufacturing City

SEREMBAN, Dec 16 (Bernama) -- Negeri Sembilan has announced the development of the Nilai Advanced Photonic AI Manufacturing City, the first large-scale photonic computing and semiconductor initiative of its kind in the world.

Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.

Ringgit Opens Stronger At 4.08 Against The Greenback, Highest In Nearly Five Years

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.

e-Invoice Tackles Shadow Economy; Impact Being Assessed - Lim

KUALA LUMPUR, Dec 16 (Bernama) -- The government has taken several measures to address the shadow economy as part of its efforts to boost national revenue, including the implementation of the e-invoicing system, which started in 2024.

SCS Test Solution Strengthens Malaysia’s Vehicle Safety Landscape With VLT Technology

KUALA LUMPUR, Dec 15 (Bernama) -- SCS Test Solution Sdn Bhd is raising the standards of Malaysia’s vehicle inspection ecosystem by adopting advanced VL Test (VLT) technology from the Netherlands, bringing European precision technology to local pre-test and repair services.

Bursa Malaysia Introduces CSI Platform For Sustainability Disclosures

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia Bhd has introduced an enhanced prescribed format for sustainability disclosures through its Centralised Sustainability Intelligence (CSI) platform, as part of its efforts to strengthen alignment with international disclosure standards.

Ringgit Ends Firmer Vs Greenback Ahead Of Key US Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.

Pasukhas Unit Bags RM63.6 Mln Data Centre Job In Johor

KUALA LUMPUR, Dec 15 (Bernama) -- Pasukhas Group Bhd has secured a RM63.60 million data centre construction job in Johor from a multinational technology corporation headquartered in the United States.

Rubber Market Ends Higher On Firmer Crude Oil Prices, China Stimulus Hopes

KUALA LUMPUR, Dec 15 (Bernama) -- The Kuala Lumpur rubber market closed higher today, tracking firmer crude oil prices, a dealer said.

Sabah Needs To Develop Deep-Sea Fishery Industry Based On Value Chain -​​- Arthur

KOTA KINABALU, Dec 15 (Bernama) -- Sabah needs to develop the deep-sea fishery industry comprehensively based on a value chain that includes landing (jetty) infrastructure, high-technology processing facilities, cold logistics systems and export market access. 

Malaysia Needs Modernised Grid For Competitive Low-Carbon Economy - Fadillah

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia needs to modernise its power systems to build a low-carbon economy that is competitive, inclusive and resilient, said Deputy Prime Minister Datuk Seri Fadillah Yusof.