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Ringgit Opens Flat Against US Dollar

KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

Fidelity Life Assurance Secures Excellent Credit Ratings - AM Best

KUALA LUMPUR, March 7 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).

Ringgit Rises For 5th Day As US Tariff Uncertainty Weighs

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.   

Maintaining OPR At 3.0 Pct Ensures Monetary Policy Flexibility Amid Economic Uncertainty -- Analyst

By Harizah Hanim Mohamed

KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.

Govt To Determine Any Laws Breached In Alleged Shipment Of US-sanctioned AI Chips - MITI

KUALA LUMPUR, March 4 (Bernama) -- The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, said the Ministry of Investment, Trade and Industry (MITI).

IMF Sees Malaysia Growing 4.7 Pct In 2025, Urges Sustained Fiscal Consolidation

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.  

Govt To Focus On Promoting Malaysia As A Safe Investment Destination - MITI

KUALA LUMPUR, March 3 (Bernama) -- The government will place greater emphasis on promoting Malaysia as a safe investment destination, based on political and economic stability, pro-business policies, and its strategic location in Southeast Asia, said the Ministry of Investment, Trade, and Industry (MITI).

Businesses Foresee Encouraging Environment In 1Q 2025 - DOSM

KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

300,000 SMEs Record RM867 Mln In Export Sales Through E-commerce For 2021-2024

KUALA LUMPUR, Feb 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has coordinated efforts to develop the capabilities of approximately 300,000 micro, small, and medium enterprises (MSMEs) to successfully generate RM867 million in export sales through e-commerce platforms from 2021 to 2024.

GDP Growth Provides Many Direct Benefits For The People -- Amir Hamzah

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

​Mavenir, EdgeQ To Showcase Next Generation Small Cells For Seamless 4G To 5G Transition

KUALA LUMPUR, Feb 19 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and EdgeQ, a leader in 5G wireless infrastructure, will unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025 next month.

Mitsubishi Electric, CP Group To Promote Carbon Neutrality, Circular Economy In Thailand

KUALA LUMPUR, Feb 18 (Bernama) -- Mitsubishi Electric Corporation and Charoen Pokphand Group (CP) have signed a memorandum of understanding (MoU) to jointly work on environmental sustainability in Thailand.