1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) will establish a Malay construction consortium comprising G1 to G7 class contractors to be involved in the development of 20.23 hectares (50 acres) in Bandar Malaysia gazetted as Malay reserved land.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to trade in line with the cash market next week, dealers said.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Online retailer for health and wellness products, iHerb, has launched its iHerb Wellness Hub, an online multimedia destination for wellness, fitness, nutrition, beauty, and more.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG), part of Nikkiso Co Ltd’s Industrial Business segment, has appointed Jeff Mumford as its new Executive Vice President of Operations and Manufacturing, effective Jan 2.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.