1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted that the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, is further evidence of Malaysia's economic recovery.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The first-ever BlueScope Steel Architectural Awards ASEAN were held on Nov 14 in Kuala Lumpur, Malaysia, recognising the region's most innovative and creative uses of steel in architecture.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).
1y ago
SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.
1y ago
By Vijian Paramasivam
PHNOM PENH, Nov 19 (Bernama) -- Malaysia procured 24,800 tonnes of Vietnamese rubber worth US$35.2 million (RM150 million) from January to October 2024 to meet the rising needs of the country’s diversifying rubber industry.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for a shift towards ‘equitable and humane trade’ and the deepening of trade ties at the recent Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru, are critical strategies to navigate challenges facing multilateralism and trade globalisation.
1y ago
By Christine Lim
KUALA LUMPUR, Nov 17 (Bernama) -- Malaysia is in a position to demonstrate leadership in ASEAN as the country assumes its chairmanship role next year.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has underscored the critical importance of strengthening cooperation within the Global South, calling for the harnessing of non-traditional alliances with a clear emphasis on fostering equitable growth and development.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.