KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 22 (Bernama) -- Extending the East Coast Rail Link (ECRL) from Kota Bharu to Sungai Golok would complete the missing eastern corridor of the Singapore–Kunming Rail Link (SKRL), unlocking Malaysia’s strategic potential in cross-border logistics, an expert said.
LANGKAWI, May 21 (Bernama) -- Futurise Sdn Bhd and the Malaysian Industry-Government Group for High Technology (MIGHT) have launched the Advanced Air Mobility (AAM) Industry Report, a strategic step forward in shaping the future of Malaysia’s air mobility ecosystem by leveraging innovation, forward-looking regulatory insights and industry expertise to drive sustainable growth.
KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.
KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.
From Kisho Kumari Sucedaram
BEIJING, May 18 (Bernama) -- The ongoing Rasa Malaysia Festival in Beijing is expected to generate between three and five million yuan (approximately RM3 million) in revenue, with more than 50 Malaysian companies showcasing local delicacies, tropical fruits, and cultural crafts.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, within the range of US$3,200-US$3,250, due to concerns over the US fiscal situation, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia Bhd said its chief financial officer (CFO) Rosidah Baharom will step down from the role, effective today.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
KUALA LUMPUR, May 15 (Bernama) -- Thailand's ambassador to Malaysia, Lada Phumas, has suggested that Malaysia’s East Coast Rail Link (ECRL) project, which starts in Kota Bharu, be extended to the Sungai Golok border to enhance rail connectivity between Thailand and Malaysia.
