11h ago
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking US Wall Street’s decline after US October inflation data heightened concerns over inflationary pressures.
12h ago
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit opened higher against major currencies but remained flat against the US dollar amid renewed expectations of a possible US Federal Reserve (Fed) interest rate hike following stronger-than-expected inflation data.
1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Tuesday, recovering from two weeks of heavy selling amid signs of market consolidation following the release of the Malaysian Palm Oil Board’s (MPOB) October data.
1d ago
KUALA LUMPUR, Nov 10 (Bernama) — The Malaysia External Trade Development Corporation (MATRADE) is diversifying Malaysia’s export markets by focusing on Africa, Latin America and Central Asia, creating new opportunities for the furniture industry and other sectors amid global uncertainties.
1d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight.
1d ago
By Anas Abu Hassan
SINGAPORE, Nov 9 (Bernama) -- SoftBank Group Corp and Grab Holdings Ltd on Monday announced the signing of joint development agreements in connection with plans for US$1.85 billion (US$1=RM4.06) initial combined seed capital to develop artificial intelligence (AI) infrastructure in Malaysia with Petroleum Sarawak Bhd (Petros).
2d ago
By Teng Khoon Hock
BANGKOK, Nov 9 (Bernama) -- The Bank of Thailand (BOT) has urged financial institutions to strengthen their cybersecurity measures and remain vigilant against potential cyberattacks following incidents involving financial institutions in other countries.
2d ago
KULAI, Nov 9 (Bernama) -- The high-impact Nexus Sedenak project will become a primary growth catalyst for the southern region’s economy as one of the new industrial and logistics hubs under the Johor-Singapore Special Economic Zone (JS-SEZ).
2d ago
KUALA LUMPUR, Nov 9 (Bernama) -- While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.
2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 9 (Bernama) -- Government interventions to cushion the impact of rising global fuel prices must be complemented by public cooperation in managing fuel consumption to minimise inflationary pressures and protect household finances.
3d ago
From Siti Nurhana Sharifah Mat Nazir
ISTANBUL, Nov 8 (Bernama) -- Malaysia will deliberate on the Developing Eight (D-8) Organisation for Economic Cooperation’s target to raise intra-member trade to over US$500 billion by 2030 before the matter is brought to the Cabinet.
3d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 8 (Bernama) -- What began as a small side business selling traditional Indian food has now become the main source of livelihood for Thirunavukkarasan Krishnana, 52, who took over the family business after his father suffered a stroke sometime in the 1990s.