Manufacturing Sales Value Rises 2.9 Pct To RM162.3 Bln In September-- DOSM

KUALA LUMPUR, Nov 8 (Bernama) -- The manufacturing sector's sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Department of Statistics Department (DOSM).

Ringgit Opens Higher Versus US Dollar Following Fed Rate Cut

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.

SIRIM Could Lead Development Of Green Steel Standard And Certification - MITI

PETALING JAYA, Nov 7 (Bernama) -- SIRIM Bhd has been recognised for its capability to lead the development of green steel standards and certification, establishing the global standard for sustainably manufactured net-zero steel, according to the Ministry of Investment, Trade and Industry (MITI).

Huawei Provides Hundreds Of Mobile Sites, Cloud Services In Sarawak, Accelerating Digital Transformation - PM Anwar

KUALA LUMPUR, Nov 7 (Bernama) -- Huawei has provided hundreds of mobile network sites as well as cloud services and intelligent operation centres in Sarawak, which have helped improve wireless network coverage in remote areas, accelerating the country’s digital transformation, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Secures Potential Exports To China Worth RM3.2 Bln – Tengku Zafrul

BEIJING, Nov 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to China has generated potential exports worth RM3.2 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

Ringgit Marginally Lower Against US Dollar At The Close

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves, said an economist. 

Bursa Malaysia Pulls Back After Recent Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia staged a modest pullback to end lower today, driven by profit-taking after a four-day rally, amid the mostly higher regional market performance, an analyst said.

Wholesale And Retail Trade Sales Up 3.8 Pct To Rm148.2 Bln In September - DOSM

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).

Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM

KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM). 

Ringgit Opens Higher Despite Stronger US Dollar On Trump’s Return To Presidency

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.

Meetings With Companies In Shanghai An Opportunity To Attract Quality Investments - Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim led a Malaysian delegation in one-on-one meetings with four leading companies in Shanghai before continuing his visit to Beijing today.

Govt Adopting Pragmatic Approach In Economic Development - Rafizi

KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.