11m ago
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week on sustained demand for safe-haven assets like gold.
11m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.
11m ago
KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia has initiated an anti-dumping probe on galvanised steel coils/sheets exported from China, South Korea and Vietnam, according to the Ministry of Investment, Trade and Industry (MITI).
11m ago
KUALA LUMPUR, Feb 7 (Bernama) -- The Industrial Production Index (IPI) increased by 4.6 per cent year-on-year (y-o-y) in December 2024, driven by expansion across all sectors, according to the Department of Statistics (DOSM).
11m ago
KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.
11m ago
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
11m ago
KUALA LUMPUR, Feb 6 (Bernama) -- More than RM50 million has been spent by 700,000 recipients of the Sumbangan Asas Rahmah (SARA) in the poor and hardcore poor categories on the purchase of basic necessities, as of yesterday (Feb 5).
11m ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia is expected to become an important exporter of fresh durian to China following an agreement cemented last year between the two countries, said BMI.
11m ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
11m ago
KUALA LUMPUR, Feb 5 (Bernama) -- All Uzbek and Malaysian companies are urged to forge new collaborations to reap the synergistic opportunities offered by both countries, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
11m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.