Ringgit Surges To 4.11 Against Greenback, Highest In Four Years And Five Months

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.

Ringgit Bounces To Fresh 14-month High As US Dollar Weakens On Expected Rate Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Hainan Releases White Paper On Tourism, Brand And Global Strategy

KUALA LUMPUR, Dec 3 (Bernama) -- The Hainan Department of Tourism, Culture, Radio, TV, and Sports has released the White Paper on Shaping Hainan's Brand Image on Tourism and Culture and International Communication Strategy (2024–2025).

Bursa Malaysia Snaps Two-day Rally On Profit-taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia snapped its two-day rally to close lower today, as investors engaged in profit-taking amid a more cautious trading tone, mirroring the mostly downbeat performance of regional peers.

MIDA Welcomes Tengku Zafrul's Appointment As Chairman

KUALA LUMPUR, Dec 3 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has welcomed the appointment of Tengku Datuk Seri Zafrul Abdul Aziz as its new chairman with immediate effect. 

InvestPenang, Intel To Continue Working Closely To Support Penang’s Transition Into Next-Generation Technologies

GEORGE TOWN, Dec 3 (Bernama) -- InvestPenang and Intel Corporation will continue working closely together to strengthen Penang as the state transitions into the critical areas of advanced packaging and next-generation technologies.

Sabah’s New Ministry Cluster A ‘Strategic Inflexion Point’ For Transport Sector -- CILTM

LABUAN, Dec 3 (Bernama) -- Sabah has taken a decisive step toward modernising its transport governance via an expanded ministerial portfolio long viewed as central to the state’s economic future, said Chartered Institute of Logistics and Transport Malaysia (CILTM Sabah section) chairman Daniel Doughty.

Digital Ministry Conducting Mid-Term Review Of Two Digital Policy Framework Documents

KUALA LUMPUR, Dec 2 (Bernama) -- The government is conducting a Mid-Term Review (MTR) for two key national digital policy framework documents, namely the National Fourth Industrial Revolution Policy (D4IRN) and the Malaysia Digital Economy Blueprint (RTEDM) 2021–2030, according to the Ministry of Digital.

Bursa Malaysia In Positive Territory At Midday

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by the strengthening ringgit amid improving investor sentiment.

Zafrul’s Industrial Master Plan A Sweeping Vision For Local Companies To Be Global Contenders

By Nurul Jannah Kamaruddin & Nur Aiman Najwa Dzamae

KUALA LUMPUR, Dec 2 (Bernama) -- Tengku Datuk Seri Zafrul Abdul Aziz ends his term as Investment, Trade and Industry Minister today, leaving behind a sweeping vision for Malaysia's future, where companies from small and medium enterprises (SMEs) to major players can rise to become global contenders.

IATA: Asia Pacific Demand Remains Robust, Malaysia Set For Sustained Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).

Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet

KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books.