15d ago
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.
15d ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.
16d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
16d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.
16d ago
KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.
16d ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.
16d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian innovators and manufacturers should seize the opportunity to tap into the immense potential of the global medical devices industry, which is projected to reach nearly US$800 billion by 2030, says Science, Technology and Innovation (MOSTI) Minister Chang Lih Kang.
16d ago
SEPANG, Oct 15 (Bernama) -- AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade.
16d ago
GEORGE TOWN, Oct 15 (Bernama) -- One year after development work started, the Silicon Island project here has progressed as scheduled, with the interests of the people of Penang especially fishermen taken care of.
16d ago
MELAKA, Oct 15 (Bernama) -- The Melaka government is aiming for approximately 70 per cent of the 186-hectare German Technology Park (GTP) currently under construction in Ayer Keroh, to be filled by investors within two years.
16d ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM).
16d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.