| LATEST NEWS | EG Industries Bhd wholly-owned subsidiary seals US$241.6 million purchase order for high-speed optical modules and wireless access-related products | Continued expansion in the loan and deposit portfolios lifts Public Bank's net profit to RM1.75 bln in 1Q 2026 from RM1.74 bln in 1Q 2025. | MOHE restructures 36 polytechnics to offer degree and master's level studies in line with high-tech industry needs - Zambry | Malaysia’s labour demand grew by 1.8 pct y-o-y, reaching 9.23 mln jobs in 1Q 2026 - DOSM | The government is exploring incentives to accelerate EV truck adoption amid rising diesel subsidy costs - Loke | |
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.
KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.
KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
KUALA LUMPUR, Aug 8 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has reduced the financing profit rate under its PROSPER GROW scheme to 3.5 per cent per annum from between 5.0 and 6.75 per cent previously to help Bumiputera entrepreneurs cope with rising operating costs.
KUALA LUMPUR, May 5 (Bernama) -- Rental rate reduction for premises under all federal government agencies, as announced by Prime Minister Datuk Seri Anwar Ibrahim, aims to help small traders lower operating costs.
KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended firmly against most major currencies and regional peers ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting as its decision is expected to play a critical role in setting the market tone going forward.
SHAH ALAM, May 5 (Bernama) -- The Shah Alam Sports Complex (KSSA) development is proceeding as planned with the committed value remaining at RM2.94 billion despite concerns over potential cost increase following the global supply crisis.
KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.
KUALA LUMPUR, May 4 (Bernama) -- The Ninth Digital China Summit was held in Fuzhou, Fujian Province, featuring more than 50 dialogue sessions and over 100 related activities focused on advancing digital technology development.
