| LATEST NEWS | The govt is warning corporates to stop channel switching activities and instead buy fuel at market prices, or they will face enforcement action -- Amir Hamzah | Global energy crisis: Moves to maintain targeted diesel subsidies ensure critical sectors like fishing, public transport can enjoy diesel at controlled prices - Amir Hamzah | Low supply, high demand, security threat, soaring delivery costs have caused global oil prices to rise sharply - Amir Hamzah | Global energy crisis: Government now bears RM6 billion in petrol and diesel subsidies, compared to RM700 million before the war - Amir Hamzah | Global energy crisis: Malaysia's fuel supply is more resilient than other nations - Amir Hamzah | |
By Siti Noor Afera Abu
KUALA LUMPUR, April 10 (Bernama) -- The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
By Abdul Hamid A Rahman
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.
KUALA LUMPUR, April 9 (Bernama) -- Dorsett Hospitality International (DHI), a subsidiary of Far East Consortium International Limited (FEC), will open Dao by Dorsett Puteri Cove on May 15, marking the brand’s debut in Malaysia.
KUALA LUMPUR, April 9 (Bernama) -- The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.
SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.
KUALA LUMPUR, April 8 (Bernama) -- Slim Chickens Malaysia celebrated its debut in Asia with its official launch in Malaysia, opening its second outlet at NU Sentral, Kuala Lumpur.
KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- Helios Photovoltaic Sdn Bhd, en route to a listing on the Frankfurt Stock Exchange in Germany, aims to raise 33 million euros (1 euro = RM4.64) from its initial public offering (IPO).
KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.
