1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
2m ago
KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)
2m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia has shown positive, resilient economic growth this year, reflected in a stronger-than-expected performance in the third quarter of 2025 (3Q 2025), the World Bank said.
3m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Foreign direct investment (FDI) into Malaysia posted a net inflow, jumped to RM8.5 billion in the third quarter of 2025 (3Q 2025) from RM1.6 billion in 2Q 2025, supported by larger equity injections, said the Department of Statistics Malaysia (DOSM).
3m ago
KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024.
3m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- US President Donald Trump’s visit to Malaysia during the ASEAN Summit and the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States (US) on Sunday has the potential to lift Malaysia's gross domestic product (GDP) growth by 0.5 to 0.7 percentage points each year through to 2030, an analyst said.
3m ago
KUALA LUMPUR, Oct 27 (Bernama) -- The Automation Capital Allowance (Automation CA) has recorded additional investments worth over RM1.8 billion by companies implementing automation operations as of May 31 this year.
4m ago
KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s ASEAN chairmanship in 2025 is pivotal in strengthening supply-chain resilience and accelerating green-industry investment with Japan, according to MUFG Bank (Malaysia) Bhd.
4m ago
SEREMBAN, Sept 29 (Bernama) -- Negeri Sembilan is set to receive new investments worth RM300 million with the exchange of a memorandum of understanding (MoU) between THP Enstek Development Sdn Bhd and Kasumigaseki Capital (Malaysia) Sdn Bhd.
4m ago
By Niam Seet Wei
KUALA LUMPUR, Sept 28 (Bernama) -- Economists believe that Budget 2026 would not introduce any major changes in the taxation system -- especially individual and corporate taxes -- to preserve consumer and investor confidence as the United States tariffs kick in.
4m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 26 (Bernama) – Southeast Asian economies have sent a clear message that their markets are open for business, despite being confronted by tough protectionist measures and tariffs that threaten free trade and stoke immense global uncertainty.