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PM Anwar Hopes Malaysia-Japan Hydrogen Energy Project Could Be Facilitated By May 2025

PUTRAJAYA, Jan 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy and decarbonisation collaboration project between Sarawak Economic Development Corporation Energy (SEDCE), Petroleum Sarawak Bhd (Petros) and a Japanese consortium could be facilitated by May this year.

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.

FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

Ringgit Slightly Up Against US Dollar In Early Trade

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst. 

REHDA Institute CEO Series 2025 Set To Drive Malaysia's Real Estate And Economy

KUALA LUMPUR, Jan 9 (Bernama) -- The REHDA Institute CEO Series 2025, scheduled for Jan 16, 2025, at Le Méridien Petaling Jaya, is poised to drive Malaysia's real estate sector and economy forward.

Ringgit Slips Against US Dollar For The Second Consecutive Day

By Zarul Effendi Razali

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.

Fully Implementing RCEP Could Position Asean As A Hub For Regional Growth - Tengku Zafrul

 KUALA LUMPUR, Jan 9 (Bernama) -- As the 2025 ASEAN chair Malaysia will focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

Govt To Lease More Rolling Stocks To Boost Perlis-JB Rail Capacity to 50 Pct - Rafizi

KUALA LUMPUR, Jan 9 (Bernama) -- The government will lease more rolling stocks for the Padang Besar, Perlis, to Johor Bahru train services to boost current rail capacity to 50 per cent by 2030, said Economy Minister Rafizi Ramli.

Bursa Malaysia Settles Lower At Midday

KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily dragged down by plantation counters.

​​​​Ringgit Flat Against The Greenback In Early Trade 

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.