Ringgit Declines As US Prepares 25 Pct Tariffs On Canada, Mexico

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.

Ringgit Opens Marginally Higher Vs US Dollar Amid Mixed Market Sentiment

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.

Malta Tops Global Citizenship Index, Greece Leads Residence Rankings In 2025

KUALA LUMPUR, Feb 26 (Bernama) -- Malta has maintained its position at the top of the 2025 Global Citizenship Program Index for the 10th consecutive year, while Greece climbed to the top of the 2025 Global Residence Program Index for the first time, underscoring the dominance of European investment migration programmes.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

Govt Adding Export Markets, Strengthens Diplomacy To Address Economic Uncertainty - MITI

KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).

First LNG Shipment From Canada In July - Petronas

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) has announced that its first liquefied natural gas (LNG) shipment from its joint venture, LNG Canada, is now expected to occur in July 2025.

Ringgit Slips Against US Dollar As Trump Confirms Tariffs On Mexico, Canada

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit weakened against the US dollar at close today, after reaching a nearly three-week high, highlighting the challenges of breaking below the RM4.40 level following US President Donald Trump's announcement that tariffs on Mexico and Canada would proceed as planned.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

Mavenir, Terrestar Complete Industry-first Satellite Voice Over NB-IoT Call In NTN Mode

KUALA LUMPUR, Feb 25 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and Terrestar Solutions Inc, Canada’s premier mobile satellite operator, have achieved a groundbreaking milestone by successfully completing an industry-first Voice over Narrowband Internet of Things (NB-IoT) call in Non-Terrestrial Networks (NTN) mode.

Bursa Malaysia Opens Lower On Weak US Market Sentiment 

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia opened lower this morning, tracking Wall Street's weaker performance as sentiment was further eroded by US President Donald Trump’s statement, said an analyst. 

Strengthen Regional Ties, Boost Investment To Counter US Tariff Impact, ESCAP Chief Tells ASEAN

KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.

Unipart Embarks Operations In Vietnam, Enhancing Supply Chain Services In APAC

KUALA LUMPUR, Feb 18 (Bernama) -- Unipart, the supply chain performance improvement partner, has officially launched operations in Vietnam.