KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s manufacturing sector Purchasing Managers’ Index (PMI) rose to 50.1 in November versus 49.5 in October, supported by a surge in new orders that reached their highest level in more than three years, said MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.
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.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia opened higher today despite the weaker performance on Wall Street, supported by the stronger ringgit which continued to lift investor sentiment.
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.
KUALA LUMPUR, Dec 1 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take advantage of the country’s industrial strength and growth to scale, innovate, and venture abroad to remain competitive globally, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Dec 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as risk-off sentiment prevailed, with investors turning to the safe-haven metal ahead of a potential US rate cut later this month.
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.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.
KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.
By Karina Imran
KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.
