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Ringgit Closes Lower As Signs Of US Economic Recovery Spur Demand For Greenback

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.

FBM KLCI Continues Slide, Mirroring Weaker Regional Performance

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.

Malay Chamber Of Commerce Wants G1-G7 Contractors To Participate In Bandar Malaysia Development

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.

FBM KLCI Futures To Move In Tandem With Cash Market Next Week

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.

Bursa Malaysia Likely To Remain Cautious Next Week

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. 

Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

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.

Innovative iHerb Wellness Hub To Empower Personal Health Journeys

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.

Nikkiso CE&IG Group Strengthens Leadership Team With Jeff Mumford’s Promotion 

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.

MSPO 2.0 Reinforces Malaysia's Leadership In Sustainable Palm Oil Production -- MPOC

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).

Ringgit Weakens Versus US Dollar, Higher Against Major Currencies

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.

KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

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).

Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct

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.