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Bursa Malaysia Announces New Renewable Energy Subsector Classification 

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia Bhd has announced the new “renewable energy” (RE) subsector within its “energy” and “utilities” sector classifications to provide a more focused classification of public-listed companies (PLCs) operating in the RE space.

Ringgit Ends Easier Vs USD

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.

BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD

KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.

Malaysia, UAE Cooperation Expected To Include AI And Data Centre Investment During Anwar's Visit

From Kamarul Ariffin Md Yasin

ABU DHABI, 12 Jan (Bernama) -- The fields of artificial intelligence (AI) and data centres offer potential cooperation and investment opportunities for Malaysia and the United Arab Emirates (UAE).

Malaysia's Trade Deals To Boost ASEAN Investment, Says Analyst

KUALA LUMPUR, Jan 11 (Bernama) -- Malaysia's participation in multiple unilateral trade agreements could attract more investors to the country and benefit other ASEAN nations, an economic analyst said.

Ringgit Likely To Face Cautious Trading Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Jan 11 (Bernama) -- The ringgit is expected to trade at around RM4.50 to the US dollar next week, with investors being cautious ahead of the US inflation report as well as a series of speeches by US Federal Reserve (Fed) officials scheduled during the period. 

Metronic Global Bags RM31 Mln Sungai Rasau Water Supply Scheme Project

KUALA LUMPUR, Jan 10 (Bernama) -- Metronic Global Bhd, through MAT JV Sdn Bhd, has bagged a RM31 million water supply scheme project in Selangor.

TNB Western Energy Files Judicial Review To Challenge RM291.55 Mln Tax Assessment

KUALA LUMPUR, Jan 10 (Bernama) -- TNB Western Energy Bhd (TNB WE), an indirect wholly owned subsidiary of Tenaga Nasional Bhd (TNB) via TNB Manjung Five Sdn Bhd, has filed a judicial review at the High Court of Malaysia to challenge a RM291.55 million tax assessment for the 2018 assessment year.

SMR 20 Ends Higher On Regional Rubber Market Gains, Stimulus-Driven Optimism

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 10 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today, supported by an uptrend in regional rubber futures markets and gains in benchmark crude oil prices, said a dealer.

Airbus Delivers 766 Commercial Aircraft In 2024

KUALA LUMPUR, Jan 10 (Bernama) -- Airbus delivered 766 commercial aircraft to 86 customers worldwide in 2024 compared to 735 planes in the previous year.

NVIDIA’s Investments Relevant, Strengthens Malaysia's Position In Chip Supply Chain - Expert

KUALA LUMPUR, Jan 10 (Bernama) -- NVIDIA's significant investments in Malaysia are relevant for the country, as the company focuses on specialised chip architectures, strengthening Malaysia’s position in the global chip supply chain, said an expert.

Ringgit Slightly Up Against US Dollar In Early Trade

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.