LATEST NEWS   PH regrets actions of 14 Negeri Sembilan UMNO/BN assemblymen, says they did not live up to spirit of Unity Govt - Fahmi | Electricity sector, construction industry, labour market and medium-term economic assessment in focus at this week's MTEN meeting - Akmal Nasrullah | The High-Level Committee on Biofuels has been established to coordinate the implementation of the national energy security agenda. - Akmal Nasrullah | GLCs and GLICs not only safeguard investment returns, but also strengthen economic resilience - Akmal Nasrulllah | Local equities proved resilient, rising 1.5 pct last Friday, reflecting investor confidence in the country’s economic fundamental - Akmal Nasrullah | 

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MITI To Unveil Report On China’s Iron And Steel Overcapacity Impact - Liew

KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Marginally Higher Despite Weaker Wall St

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia’s key index opened marginally higher today despite a weaker Wall Street showing last Friday, as analysts cautioned that the Trump-inspired rally may have run its course following the Republicans’ control of both the House and Senate.  

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Financial Literacy Of Malaysians Has Improved But Still Facing 3 Challenges

KUCHING, Nov 17 (Bernama) -- The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries, however, there are still three challenges hindering further progress towards becoming a financially literate society.

PM Anwar Arrives In Brazil For Official Visit, Malaysia G20 Guest Country

By M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

PM Anwar Arrives In Brazil For Official Visit, Malaysia G20 Guest Country

RIO DE JANEIRO (Brazil), Nov 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

Ringgit To See Tight Trading Amid Cautious Mode Next Week

By Anas Abu Hassan

KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

CPO Futures To Trade Sideways Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week amid uncertainty over the fresh demand from the destination markets. 

Rubber Market To Trade On Positive Mode Next Week On EUDR Delay

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).

Anwar Urges APEC Members To Recognise The Potential Of Non-traditional Alliances

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) must recognise the potential of non-traditional alliances such as the African Union, Latin America and BRICS, according to Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Ends Week On Softer Note, CI Below Key 1,600 Level

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.