Ringgit Maintains Upward Trend, Trades Firmer Against US Dollar

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.

Megah Port, Sailion Shipping Honoured At CILTM Sabah Outstanding Awards

KOTA KINABALU, Dec 14 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and its sister company Sailion Shipping Sdn Bhd were among industry players recognised with the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section Outstanding Awards for their contributions to logistics, transport and maritime sectors.

Sarawak To Reshape Industrial Park Strategy To Focus On Future Industries, Low-Carbon Economy -- Abang Johari

KUCHING, Dec 13 (Bernama) -- Sarawak is prepared to reshape its industrial park development strategy with a stronger focus on future industries, high technology, and a low-carbon economy, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Ringgit Likely To Trade Cautiously Between RM4.09 And RM4.11 Vs Us Dollar Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

Airwallex Secures Majority Stake In Indonesia’s PT Skye Sab

KUALA LUMPUR, Dec 12 (Bernama) -- Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licence holder, strengthening its position across Southeast Asia and expanding access to its global financial infrastructure for Indonesian merchants.

Ringgit Continues To Soar, Hitting 4.09 Vs US Dollar, The Highest Since April 2021

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data.

Ringgit Extends Gains On Softer US Data, Fed Rate Cut

KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit opened firmer against the greenback for a second day, buoyed by softer US data and the Federal Reserve (Fed)’s 25-basis-point lending rate cut.

Ringgit Jumps To 4.10 Against Greenback, Highest In Four And A Half Years

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.

Uni-Fuels Secures Three-Year Supply Of Marine Fuels 

KUALA LUMPUR, Dec 11 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-based global provider of marine fuel solutions, has announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has received a Letter of Award (LOA) for a three-year marine fuel supply contract.

Fed Rate Cut Pushes Ringgit To Four-year Peak Vs Greenback

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).

Ringgit Edges Lower Against Greenback At Close Ahead Of US Interest Rate Decision

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.

ChemOne Appoints Mohamed Nazri As Advisor, Board Member Of PEC

KUALA LUMPUR, Dec 10 (Bernama) -- ChemOne Group (ChemOne) has appointed Datuk Seri Mohamed Nazri Abdul Aziz as a Board Member of Pengerang Energy Complex Sdn Bhd (PEC) and Advisor to the Group, strengthening ChemOne’s leadership capabilities and strategic direction.