Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

PPP Eases Government Burden, Enhances Efficiency And Productivity

KUALA LUMPUR, Nov 24 (Bernama) -- Public-private partnerships (PPPs) can alleviate the government's burden in national development while enhancing efficiency, productivity and accelerating the country's growth.

Bursa Malaysia Expected To Trade In Tight Range Between 1,600 And 1,610 Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.

Cradle Fund Partners KLDX To Introduce Alternative Fundraising Platform For Startups

KUALA LUMPUR, Nov 22 (Bernama) -- Cradle Fund Sdn Bhd, the focal agency for Malaysia’s startup ecosystem, has partnered with digital securities exchange platform Kapital DX Sdn Bhd (KLDX) to provide Malaysian startups with an alternative avenue for fundraising.

BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

Petron Malaysia Records Sharp Fall In 3Q Net Profit

KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.

Malaysia Proposes Changes To Global Financial Architecture For Fair Trade

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia has called upon the International Monetary Fund (IMF) and World Trade Organisation (WTO) to reform the global financial architecture to support free trade without discrimination against smaller nations, said Prime Minister Datuk Seri Anwar Ibrahim.

Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair

KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)

RM3 Bln Fund, Various Initiatives to Boost Workers' Skills - Steven Sim

KUALA LUMPUR,  Nov 20 (Bernama) -- The Human Resources Ministry (Kesuma) has outlined various initiatives to enhance the skills of Malaysian workers as they face the challenges of an increasingly competitive job market.

FMC Continues Monitoring Domestic Financial Market Conditions Amidst Key Global Developments

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.

i-Lindung: RM44.2 Mln Withdrawn From EPF Akaun Sejahtera As Of September 2024 - Lim

KUALA LUMPUR, Nov 20 (Bernama) -- A total of RM44.2 million has been withdrawn by contributors from the Employee Provident Fund (EPF) Akaun Sejahtera since the i-Lindung programme was introduced in July 2022, up until September this year, according to Deputy Finance Minister Lim Hui Ying.

Malaysia To Align Real Economy & Capital Market To Drive Inclusive Growth - Amir Hamzah

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia is aiming to align its real economy with ongoing developments in the capital market as the nation reinvents its economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.