Ringgit Opens Firmer Against US Dollar, Major Currencies

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.

SMEs Must Take Advantage Of Country’s Industrial Strength To Remain Competitive Globally -- Tengku Zafrul

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take advantage of the country’s industrial strength and growth to scale, innovate, and venture abroad to remain competitive globally, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

Perodua Launches First EV Involving Development Cost Of RM800 Mln, Local Expertise

KUALA LUMPUR, Dec 1 Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today launched its first battery electric vehicle (EV), the QV-E, priced at RM80,000 (without insurance and excluding the battery), as part of its effort to develop a sustainable EV ecosystem.

Strong Industrial Base Driving Penang’s Rise In Renewable Energy – MPSEA

By Farhana Poniman

GEORGE TOWN, Nov 30 (Bernama) — Penang is on track to become one of Malaysia’s leading states in renewable energy adoption, particularly in solar power, driven by its robust industrial base and rising sustainability awareness.

Bargain-hunting Likely To Lift Bursa Malaysia Next Week

By Anas Abu Hassan

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia is expected to see bargain-hunting activity emerge next week after its recent consolidation, as investors reassess market sentiment ahead of key global macroeconomic signals.

Proton Sourced RM3.2 Bln Worth Of Parts, Components From Local Vendors This Year – Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Proton Holdings Bhd sourced RM3.2 billion worth of parts and components from local vendors this year alone, underscoring its commitment to a localised supply chain that will continue to grow in scale and value.

Malaysia’s GDP To Grow 4.0 Pct In 2026 On Strong Sectoral Momentum -- MIER

KUALA LUMPUR, Nov 27 (Bernama) -- The Malaysian Institute of Economic Research (MIER) expects the country’s gross domestic product (GDP) to expand at 4.0 per cent in 2026, supported by continued strength in the services, mining and manufacturing sectors.

MITI To Ensure JV Projects With Foreign Companies Make Significant Contributions

KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to ensuring that every joint venture (JV) project with foreign companies makes a significant contribution to the development of local workforce capacity and competencies.