1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s export performance is expected to remain expansionary, given its neutral stance and diversified export structure.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (US$1=RM4.467) in the 11 months of 2024, matching the total trade volume for all of 2023.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today as traders adopted a cautious approach ahead of the United States Federal Open Market Committee (FOMC) meeting.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a Fitch Solutions company, has forecast global natural gas consumption to rise in the near term as the Northern Hemisphere winter approaches, supported by strong demand for liquefied natural gas (LNG) across all markets.