1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended its gains for the fifth consecutive day, supported by continued optimism on lower US interest rates.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) – Malaysia demonstrated impressive growth in financial assets in 2023, with per capita net financial assets reaching EUR9,430 (1 EUR=RM4.6427), according to Allianz Malaysia Bhd.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Penang recorded approved manufacturing investments totalling RM411.8 million from China in the first half of this year, said Chief Minister Chow Kon Yeow.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The establishment of premium wages for Technical and Vocational Education and Training (TVET) graduates is expected to have positive implications, including addressing the shortage of skilled workers in various industrial sectors sought by employers, says National Organisation of Skilled Workers (BELIA MAHIR) secertary-general Mohammad Rizan Hassan.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has launched its EXIM Green Global Initiative, committing to mobilise up to RM1.5 billion in sustainable financing by 2027.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Scientex Bhd’s net profit for the financial year ended July 31, 2024 (FY2024) surged by 24.4 per cent to RM545.21 million from RM438.14 million a year ago.