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Scams, Trust Issues Plague Secondhand Motorcycle Market In Malaysia

By Abdul Hamid A Rahman

KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s secondhand motorcycle market continues to grapple with trust issues as buyers face growing risks of fraud and a lack of transparency in transactions.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

Ringgit Edges Down On Improving US Data

KUALA LUMPUR, May 28 (Bernama) -- The ringgit marginally depreciated against the US dollar on Wednesday, weighed down by a firmer greenback following an improvement in United States consumer confidence and persistent concerns over global tariff developments.

Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

RON95 Subsidy Rationalisation To Be Implemented In Second Half Of 2025 -- Amir Hamzah 

KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

MIGHT Taking More Strategic Approach; Strengthening PPP In Technology

LANGKAWI, May 24 (Bernama)-- The Malaysia Industry-Government Group for High Technology (MIGHT) is taking a more strategic and meaningful role as it drives efforts to strengthen public-private partnerships (PPP) in technology and accelerate local innovation.

Netherlands' Neways Opens Manufacturing Facility In Selangor, Reaffirms Growth Commitment

KUALA LUMPUR, May 22 (Bernama) -- Netherlands-based Neways Electronics has opened a state-of-the-art manufacturing facility in Selangor, reaffirming its growth strategy and positioning the company to meet growing regional demand while enhancing its global manufacturing footprint.

Malaysia's Fiscal Consolidation Remains On Track With Lower 1Q Deficit

KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.

ECRL Extension To Sungai Golok Would Complete Eastern ASEAN Rail Link -- DON

By Abdul Hamid A Rahman

KUALA LUMPUR, May 22 (Bernama) -- Extending the East Coast Rail Link (ECRL) from Kota Bharu to Sungai Golok would complete the missing eastern corridor of the Singapore–Kunming Rail Link (SKRL), unlocking Malaysia’s strategic potential in cross-border logistics, an expert said.

Futurise, MIGHT Launch Industry Report, Boost Malaysia's Air Mobility Ecosystem

LANGKAWI, May 21 (Bernama) -- Futurise Sdn Bhd and the Malaysian Industry-Government Group for High Technology (MIGHT) have launched the Advanced Air Mobility (AAM) Industry Report, a strategic step forward in shaping the future of Malaysia’s air mobility ecosystem by leveraging innovation, forward-looking regulatory insights and industry expertise to drive sustainable growth.

PNB Pays Out RM14.5 Bln In Income And Bonus Distribution For FY2024

KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.

Sidra Capital Joins Malaysia's Bursa Suq Al-Sila’ To Boost Islamic Finance Reach

KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.