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By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
KUCHING, May 17 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has called for the restructuring of the state-owned power generation and supply company, Sarawak Energy Bhd (SEB) to support the state's expansion in energy production and supply.
By M. Saraswathi
KUALA LUMPUR, May 17 (Bernama) -- Datuk Seri Anwar Ibrahim’s just-ended official visit to Russia, with the highlight being the obviously cordial welcome accorded by President Vladimir Putin to the Prime Minister, certainly sends a powerful message and shows commitment at the highest levels to strengthen bilateral ties between Malaysia and Russia.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
KUALA LUMPUR, May 15 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has warned that unilateral actions and the rise of protectionism by economic superpowers go against the grain of free trade and threaten the entire global trading system, especially small developing economies.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
KUALA LUMPUR, May 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today slammed unilateral decisions taken by some countries, as it is a sheer display of power and arrogance and does not take into account the interests, especially of small countries.
From Muhammad Muzammil Abdullah
JEJU, May 15 (Bernama) -- ASEAN countries and Asia-Pacific Economic Cooperation (APEC) economies could pursue convergence in digitalisation initiatives to boost trade, investment, and transaction growth.
KUALA LUMPUR, May 15 (Bernama) -- Aucnet Inc (Aucnet), a Tokyo-based circular market design company, has announced the full acquisition of its Singapore joint venture, SG e-Auction Pte Ltd (SG e-Auction), as part of its strategic push to expand its global resale network in ASEAN and Oceania.
