8m ago
KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd said US tariffs will have a minimal impact on its business operations as the company’s supply chain and market focus remain primarily within Asia.
8m ago
KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd is accelerating its diversification efforts, with plans to launch an in-house electric vehicle (EV) charger brand by the second quarter of 2025 (2Q2025), while also preparing to transition from a trading-based business to a lubricant manufacturer.
8m ago
KUALA LUMPUR, April 10 (Bernama) -- The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next 25 years, said Perak Menteri Besar Datuk Seri Saarani Mohamad.
8m ago
JOHOR BAHRU, April 7 (Bernama) -- DHL Supply Chain has officially launched its Southern Region Hub Phase 1 and marked the groundbreaking of Phase 2 at the Senai Airport City Free Zone today, with a total investment of RM100 million.
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KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 4 (Bernama) -- The Malaysian-German Chamber of Commerce and Industry (MGCC) has ramped up its strategic advisory efforts to support Malaysian businesses in navigating the economic challenges posed by the United States’ (US) latest tariff measures.
8m ago
KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)
9m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 27 (Bernama) -- The ringgit weakened against the US dollar today alongside other ASEAN currencies as traders and investors are anxious about the reciprocal tariffs to be imposed by the United States (US) government on April 2.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 27 (Bernama) -- The ringgit traded marginally higher against the US dollar at the opening amidst intensifying market talks on the impact of the United States’ (US) tariff on the global economy, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
9m ago
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.
9m ago
KUALA LUMPUR, March 21 (Bernama) -- The Malaysian automotive sector is expected to see weaker sales in 2025.