1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Petroliam Nasional Bhd's (Petronas) subsidiary, PC North Madura II Ltd has reached the Final Investment Decision (FID) for the development of the Hidayah field, Indonesia.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today received a courtesy call from a Malaysian Islamic Chamber of Commerce (DPIM) delegation led by its president Datuk Mohammad Sahar Mat Din.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The unit price index of steel recorded a decrease of between 0.1 per cent and 4.6 per cent across most parts of Malaysia in December 2024 compared to the previous month, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Deeper trade agreements and domestic reforms are needed to build economic resilience in the Association of Southeast Asian Nations (ASEAN) and East Asian Pacific regions, especially during extreme change and uncertainty.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.