Fuel Crisis Deepens, Unity Essential For Resilience
By M. Saraswathi
KUALA LUMPUR, April 12 (Bernama) -- The gravity of a crisis is rarely understood until it intrudes and profoundly affects our daily lives.
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ADB’s Proposed US$30 Billion Facility Among Key Outcomes Of 13th AFMGM
PUTRAJAYA, April 11 (Bernama) -- The 13th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) welcomed a proposed US$30 billion (RM141 billion) facility by the Asian Development Bank (ADB) for 2026–2030 to support the implementation of the Finance Sectoral Plan and ASEAN Community Vision 2045.
Uncertain Global Security Landscape Warrants Malaysia And Turkiye To Elevate Defence Ties
KUALA LUMPUR, April 11 (Bernama) – An academic has urged Malaysia and Turkiye to strengthen defence cooperation by moving beyond procurement and establishing a strategic partnership to jointly develop the local defence and aerospace industry.
CPO Futures To Trade Range-Bound On Profit-Taking Next Week
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see profit-taking activity next week, with prices likely to trade between RM4,200 per tonne and RM4,300 per tonne, said a trader.
Ringgit May Breach 3.95 Next Week On West Asia Ceasefire Optimism - Economists
By Abdul Hamid A Rahman
KUALA LUMPUR, April 11 (Bernama) -- The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.
Ringgit Closes Higher Against Major, ASEAN Currencies
By Abdul Hamid A Rahman
KUALA LUMPUR, April 10 (Bernama) -- The ringgit swept higher against major and ASEAN currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism over developments in West Asia.
Ringgit Extends Gains Against US Dollar On Improved Risk Appetite
By Siti Noor Afera Abu
KUALA LUMPUR, April 10 (Bernama) -- The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors.
US$50 Bln In Financial Support Needed As West Asia Conflict Tests Global Economy - IMF
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
Ringgit Closes Mostly Higher Against Major Currencies, Slightly Lower Versus US Dollar
By Abdul Hamid A Rahman
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.
Dorsett To Open First Dao by Dorsett Hotel In Malaysia
KUALA LUMPUR, April 9 (Bernama) -- Dorsett Hospitality International (DHI), a subsidiary of Far East Consortium International Limited (FEC), will open Dao by Dorsett Puteri Cove on May 15, marking the brand’s debut in Malaysia.
Ringgit Holds Firm At 3.97 Vs US Dollar, Stronger Against Major Currencies
KUALA LUMPUR, April 9 (Bernama) -- The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment.
Ringgit Rises To 3.97 Against US Dollar At The Close As US-Iran Reaches Ceasefire Deal
By Abdul Hamid A Rahman
KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.