1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on Nov 5 weighed on the local currency.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The rapid development of Malaysia’s energy transition, especially green and renewable energy and the overall energy market has attracted the interest of the Japan Bank for International Cooperation (JBIC).
1y ago
KUALA LANGAT, Oct 23 (Bernama) -- Malaysia’s courier, express, and parcel market is expected to reach US$1.58 billion (US$1=RM4.32) next year, driven by rising e-commerce demand and infrastructure improvements, said Deputy Communication Minister Teo Nie Ching.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia assumes the ASEAN chairmanship next year, it should focus on implementing more people-centric measures and enhancing intra-ASEAN trade, said experts.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Global Tower Corporation Pty Ltd (GTC) worth US$19.97 million (US$ = RM4.32).
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) is set to reinforce its role within the New Industrial Master Plan (NIMP 2030) ecosystem by providing financing to deserving Malaysian companies, including micro, small and medium enterprises (MSMEs).
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.
1y ago
PETALING JAYA, Oct 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Perusahaan Otomobil Kedua Sdn Bhd (Perodua) produce Malaysia's first electric vehicle (EV) priced under RM100,000.