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Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.

 

PM Anwar’s Mission To Boost ASEAN Trade And Investment As Chair Of ASEAN

KUALA LUMPUR, Nov 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s mission is to enhance ASEAN trade and investment, which he believes are currently insufficient, as Malaysia prepares to assume the ASEAN chairmanship in 2025.

ASEAN-BAC Malaysia Aims To Strengthen Regional Economic Ties As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Nov 26 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia is committed to fostering closer economic ties within the region as it prepares to assume the chairmanship next year. 

Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023. 

Anwar Meets South Korea’s Business Tycoons, Eyes More Investments

SEOUL, Nov 26  (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held a meeting today with several family-owned business tycoons, locally known as "chaebols", as part of efforts to attract more foreign direct investment (FDI) into Malaysia.

Ringgit Opens Lower As Greenback Gains Ground

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines.  

Ringgit Closes Higher Against Greenback Amid Falling US Bond Yields

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.

Rubber Market Ends Mixed Amid Regional Futures Gains, Supply Disruption Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, supported by an upward momentum in regional rubber futures markets amid natural rubber supply disruption concerns, said a dealer.

Main Market-Bound TMK Chemical Aims To Raise RM385 Mln From IPO

KUALA LUMPUR, Nov 25 (Bernama) -- Inorganic chemicals market player TMK Chemical Bhd (TMK) aims to raise approximately RM385 million through its initial public offering (IPO) in conjunction with its listing on the Main Market of Bursa Malaysia.

SIMPPLE Deploys 89 Autonomous Cleaning Robots Across Singapore's MRT Stations

KUALA LUMPUR, Nov 25 (Bernama) -- SIMPPLE Ltd, a technology provider and innovator in the facilities management sector, through its subsidiary, has completed the sale and deployment of 89 autonomous cleaning robots across Singapore, marking the largest robotic fleet in the land transport sector with rail operator SMRT Trains.

AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings

KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.