LATEST NEWS   A total of 80 outcome documents received and approved throughout 47th ASEAN Summit - PMO | Success of 47th ASEAN Summit is the result of hard work of all staff, govt agencies and strong support of all Malaysians - PMO | The passing of traditional orchestra conductor Mohd Yazid a great loss to the local arts scene  - PM Anwar | PM Anwar extends condolences to the family of traditional orchestra conductor Mohd Yazid Zakaria, who died today | The government will not allow Malaysia’s sovereignty to be eroded, as the ART agreement has a clause safeguarding national sovereignty - Tengku Zafrul | 

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Bursa Malaysia Ends Marginally Lower Ahead Of US Fed Rate Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended marginally lower today as investors remained cautious ahead of the United States (US) Federal Reserve’s interest rate decision later tonight.

BNM Says Consultation, Agreement With US Treasury In Line With Existing Practice

KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”

PDT, UEM Lestra Ink Collaboration Agreement On 1GW Hybrid Solar Project

SKANDAR PUTERI, Oct 29 (Bernama) -- Permodalan Darul Ta’zim (PDT) and UEM Lestra Bhd (UEM Lestra) have inked a Cooperation Agreement to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) project in Segamat, Johor.

Continuing Momentum From ASEAN Summit Success, PM Anwar To Undertake Working Visit To AELM In Gyeongju

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 29 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to Gyeongju, South Korea, this Thursday as he leads Malaysia’s delegation to the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM), which will begin this Friday.

Bursa Malaysia Opens Higher On Improved Sentiment After ASEAN Summit

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher on Wednesday, lifted by improved investor sentiment following the conclusion of the ASEAN Summit and in line with overnight gains on Wall Street.

Bursa Malaysia Slips On Profit-taking After Recent Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia closed lower today in tandem with profit-taking across regional markets after the recent gains, amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision on Wednesday.

Parliament Special Select Committee Hearing On Malaysia-US Trade Agreement On Nov 12

KUALA LUMPUR, Oct 28 (Bernama) -- The Parliamentary Special Select Committee on International Relations and International Trade will convene a hearing session to examine the recently signed Agreement on Reciprocal Trade (ART) between Malaysia and the United States (US) on Nov 12.

Malaysia, Singapore SME Ties Among Most Dynamic In ASEAN -- SBF

By Durratul Ain Ahmad Fuad

SINGAPORE, Oct 28 (Bernama) -- Malaysia and Singapore share one of the most dynamic and mutually reinforcing economic relationships in ASEAN, particularly among small and medium enterprises (SMEs), which form the backbone of both economies, said the Singapore Business Federation (SBF).

Foreign Investors Extend Net Selling With US$1.74 Bln Outflow From Asian Markets

KUALA LUMPUR, Oct 27 (Bernama) -- Foreign investors extended their net selling streak to two consecutive weeks across Asian markets last week, recording US$1.74 billion of net foreign outflows.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Modenas Sets 27,000 Unit Annual Sales Goal For Z15GT Supermoped

KUALA LUMPUR, Oct 24 (Bernama) -- Motosikal dan Enjin Nasional Sdn Bhd (Modenas), a subsidiary of DRB-Hicom Bhd, has set an annual sales goal of 27,000 units for its newly launched Z15GT 149.5cc (cubic centimetre) supermoped, the company’s first fully Malaysian-developed model.