Govt Learning To Manage Data Centres, Grow Industry Sustainably - Liew

KUALA LUMPUR, Oct 25 (Bernama) -- The government, multiple agencies within the government, data centre operators and other stakeholders are learning how to manage and deal with data centres and how to grow the industry sustainably.

KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector

KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.

Ringgit Extends Gains To Open Higher Against US Dollar

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

Malaysia Committed To Creating G2G Mechanism With China In Support Of Steel Industry

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia is committed to working with China to establish a government-to-government (G2G) mechanism for capacity management and technology sharing within the steel industry.

Govt To Prioritise Ringgit Use In International Settlements – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.

MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains

KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.

Ringgit Gains In Early Trade Amid US Pre-election Jitters

By Zarul Effendi Razali

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit traded slightly higher against the US dollar early Thursday, amid uncertainty over the upcoming US presidential election on Nov 5, an analyst said.

Fadillah Urges Multinationals To Partner With Local SMEs

KUALA LUMPUR, Oct 23 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has encouraged multinational companies investing in Malaysia to collaborate with local small and medium enterprises (SMEs).

Ringgit Continues Downtrend Amid Uncertainty Over US Presidential Election

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on Nov 5 weighed on the local currency.

Bursa Malaysia Ends Lower For Third Consecutive Day 

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia closed lower for the third consecutive day, mirroring the subdued performance of the United States (US) stock indices following a day of mixed trading, said an analyst. 

Malaysia's Courier Market Expected To Hit US$1.58 Bln In 2025 - Teo

KUALA LANGAT, Oct 23 (Bernama) -- Malaysia’s courier, express, and parcel market is expected to reach US$1.58 billion (US$1=RM4.32) next year, driven by rising e-commerce demand and infrastructure improvements, said Deputy Communication Minister Teo Nie Ching.