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Ringgit A Tad Higher As Soft US Data Strengthens US Rate Cut Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

SATO Vietnam Implements RFID Label Solution For Hayabusa, Boosting Supply Chain Traceability

KUALA LUMPUR, Dec 2 (Bernama) -- SATO Vietnam Solutions Co Ltd, part of the global SATO Group, has deployed an RFID label printing solution for Hayabusa Vietnam Co Ltd, enhancing operational efficiency, cost control, and traceability at its Vietnam factory.

Zafrul’s Industrial Master Plan A Sweeping Vision For Local Companies To Be Global Contenders

By Nurul Jannah Kamaruddin & Nur Aiman Najwa Dzamae

KUALA LUMPUR, Dec 2 (Bernama) -- Tengku Datuk Seri Zafrul Abdul Aziz ends his term as Investment, Trade and Industry Minister today, leaving behind a sweeping vision for Malaysia's future, where companies from small and medium enterprises (SMEs) to major players can rise to become global contenders.

Ringgit Opens Firmer Against US Dollar, Major Currencies

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.

Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet

KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books. 

Malaysia's GDP To Grow At 4.6 Pct In 2025 -- MBSB IB

KUALA LUMPUR, Dec 1 (Bernama) --  MBSB Investment Bank Bhd (MBSB IB) projected Malaysia’s gross domestic product (GDP) to grow at 4.6 per cent this year.

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Rubber Market Closes Lower, Tracking Losses In Regional Futures

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 1 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, following declines in regional rubber futures markets amid weak economic data from China and other Asian countries, a dealer said.