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BNM, BIS Drive Global Cross-border Payment Innovation With Project Nexus

KUALA LUMPUR, Nov 19 (Bernama) -- Bank Negara Malaysia (BNM), in collaboration with the Bank for International Settlements (BIS) and four other central banks, is advancing Project Nexus to enhance the efficiency of instant payment systems (IPS) for seamless cross-border transactions globally, with full operation expected by 2027.

Ringgit Rises On US Dollar Correction

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst. 

Ringgit Slips Against US Dollar At The Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Premium Buyer Participation At MIHAS@Dubai 2024 Best Platform For Local Exporters - MATRADE

From Zarul Effendi Razali

DUBAI, Nov 17 (Bernama) -- The involvement of Premium Buyers at the Malaysia International Halal Showcase (MIHAS) through the International Sourcing Programme (INSP) is seen as the best platform for Malaysian exhibitors to expand their businesses internationally.

APEC 2024: PM Anwar Advocates For Global South, Non-Traditional Alliances For Equitable Growth 

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. 

PRESTIGE: Bridging Academic Knowledge And Energy Industry

KUCHING, Nov 16 (Bernama) -- The Malaysian Gas Association (MGA) annual Program on Energy Sustainability & Transition and Insights to Graduate Engineers (PRESTIGE) 2024, which runs from Nov 15 to 17, aims to bridge academic knowledge with the energy industry.

Ringgit To See Tight Trading Amid Cautious Mode Next Week

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.

Ringgit Stages Rebound To Close Firmer Vs US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.

Rubber Market Ends Higher On Optimism Over China's Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said. 

TOMY Company, FC Barcelona Team Up To Launch Limited Edition BEYBLADE X In Asia

KUALA LUMPUR, Nov 15 (Bernama) -- Tokyo-based TOMY Company Ltd announced a collaboration with legendary European multi-sports club, FC Barcelona, to release two FC Barcelona versions of BEYBLADE X, a modern breed of "bei-goma" (traditional Japanese spinning top), in 10 Asian countries and regions early next year.