7m ago
SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
2d ago
By Karina Imran
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level.
2d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.
2d ago
By Karina Imran
KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia closed higher on Friday, driven by renewed buying interest in banking stocks as trading momentum picked up in the final hour of trading, said an analyst.
3d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.
3d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as market sentiment improved after the exchange clarified that Morgan Stanley Capital International’s (MSCI) recent action was specific to Indonesia, with no similar concerns expected for Malaysia.
3d ago
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
3d ago
KUALA LUMPUR, Jan 29 (Bernama) -- The government will implement the New Incentive Framework (NIF) effective March 1, 2026, beginning with the manufacturing sector and followed by the services sector in the second quarter of 2026, according to the Ministry of Investment, Trade and Industry (MITI).
3d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Jan 29 (Bernama) -- Great Wall Motor (GWM) Malaysia has strengthened its long-term commitment to the country’s automotive industry with the launch of its latest model, the locally assembled (CKD) WEY G9 Hi4 PHEV (WEY G9), aimed at supporting technology transfer within the new energy vehicle segment.
3d ago
By Karina Imran
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.
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
KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia has to move fast to translate innovation into enterprise adoption, productivity gains and national competitiveness due to a growing pool of technology startups and rising digital readiness.