4d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia’s automotive ecosystem continues to strengthen the country’s position as a competitive base for higher-value vehicle assembly and export-oriented manufacturing, according to Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.
4d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.
5d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.
13d ago
KUALA LUMPUR, Jan 20 (Bernama) -- The Malaysian automotive market maintained its strong momentum in 2025, surpassing the 800,000-unit threshold for the second consecutive year, with total industry volume (TIV) rising to 820,752 units from 816,747 units last year, representing an increase of 0.5 per cent.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit is expected to trade in a narrow range next week, hovering between 4.03 and 4.05 against the US dollar amid a holiday-shortened week.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak.
1m ago
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.
1m ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysians’ confidence that the country is heading in the right direction has improved in 2025, according to Ipsos’ latest Consumer Confidence and Cost of Living Monitor.
1m ago
KUALA LUMPUR, Dec 7 (Bernama) -- Homegrown “kombucha” or fermented tea producer WonderBrew aims to double production in 2026 as it scales up innovation and outlined its strategy to extend its footprint across Southeast Asia, founder and chief executive officer Joseph Poh said.
1m ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
2m ago
KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.