26d ago
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.
27d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, tracking gains in soybean oil on the Chicago Board of Trade (CBOT).
27d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, despite a weaker US dollar ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
27d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Aug 19 (Bernama) -- Malaysia’s Affin Bank and Indonesia’s Bank Central Asia (BCA) have entered into a strategic collaboration to provide reciprocal privileges for their customers travelling between the two countries, covering healthcare, hospitality, dining, shopping and lifestyle.
27d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
27d ago
KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.
27d ago
By Vijian Paramasivam
PHNOM PENH, Aug 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is targeting RM100 million in potential trade from its Export Acceleration Mission to Cambodia.
27d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 19 (Bernama) -- Expectations for Malaysia’s economy to grow by more than five per cent in 2026 are not overly optimistic, given its strong first-half performance, resilient global trade and rising foreign direct investment (FDI), particularly in data centres, semiconductors and artificial intelligence (AI).
27d ago
KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in September, supported by tightening supply fundamentals and continued geopolitical disruptions to global trade flows, said the Malaysian Palm Oil Council (MPOC).
27d ago
JOHOR BAHRU, Aug 19 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) serves as a transformative regional gateway by unlocking structural synergies between the two economies, shifting the paradigm from basic cross-border trade to cross-border innovation.
27d ago
KUALA LUMPUR, Aug 19 (Bernama) -- The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter, said Kenanga Investment Bank Bhd (Kenanga IB).
27d ago
IPOH, Aug 19 (Bernama) -- EP Manufacturing Bhd (EPMB) has unveiled a new chassis component facility in the Automotive High Technology Valley (AHTV) in Tanjong Malim, with an investment of RM9.5 million.