Ringgit Marginally Lower Against US Dollar In Early Trade

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.  

MTA Marks 40 Years Of Takaful, Hosts TLAS 2024

SEPANG, Dec 2 (Bernama) -- The Malaysian Takaful Association (MTA) hosted the Takaful Leaders and Agents Summit 2024 (TLAS 2024), reaffirming Takaful's critical role in Malaysia’s financial sector.

Northport Announces Leadership Appointments, Including Fakhrul Azhar as CEO

KUALA LUMPUR, Dec 2 (Bernama) -- Northport (Malaysia) Bhd has announced the appointment of three senior leaders, including Fakhrul Azhar Tajudin as its new chief executive officer (CEO), effective Dec 1, 2024.

Ringgit Closes Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.

Bursa Malaysia Ends Marginally Higher

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia closed marginally higher today as gains in plantation counters were trimmed by profit-taking activities in selected index-linked financial services heavyweights.

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.

Brazil, Malaysia To Set Up Joint Development On IC Design In 2025

By Rohani Mohd Ibrahim

KUALA LUMPUR, Dec 1 (Bernama) -- Brazil and Malaysia’s collaboration in the semiconductor industry will involve the development of joint initiatives in integrated circuit (IC) design next year, according to sources from the Brazilian Embassy in Malaysia.

FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.

Malaysia, Indonesia Push For Stronger Cooperation In Palm Oil Industry

By Mohd Iswandi Kasan Anuar

JAKARTA, Nov 29 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.

FBM KLCI Reverses Gains, Bursa Malaysia Ends In Red Weighed By Utilities

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.

WIC28 In Riyadh Wraps Up With Emphasis On Global Collaboration, Innovation, Sustainability

KUALA LUMPUR, Nov 29 (Bernama) -- International collaboration, innovation and sustainability were the key themes of the 28th World Investment Conference (WIC28), hosted by Invest Saudi and the World Association of Investment Promotion Agencies (WAIPA) concluded in Riyadh this week.