Ringgit Extends Fall Against Greenback Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.

LREIT Reports 11.4 Pct Retail Rental Reversion In 1Q FY2025

KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).

Kuskop Launches New Initiatives For Indian Entrepreneurs

KUALA LUMPUR, 12 Nov (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has launched new initiatives for Indian entrepreneurs, involving additional financing funds totalling RM136 million.

RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices

KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.

Ringgit Gains Marginally As US Dollar Eases After Election Rally

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, lifted by a brief easing in the dollar's strength after an election-driven surge, analysts said.

Malaysia, Egypt Have Opportunities To Access Markets In ASEAN, The Middle East, And Africa - Tengku Zafrul

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia and Egypt have significant opportunities to help each other access their respective markets, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Aziz.

RSPO, HCVN Sign MoU To Strengthen Ecosystem Protection In Palm Oil Industry

By Kenny Teng Khoon Hock

BANGKOK, Nov 11 (Bernama) -- The Roundtable on Sustainable Palm Oil (RSPO) signed a memorandum of understanding (MOU) on Monday with the High Conservation Value Network (HCVN) to enhance efforts in safeguarding high conservation values (HCVs) and high carbon stock (HCS) forests integral to sustainable palm oil production.

Ringgit Ends Lower Against US Dollar AS Investors Turn Cautious

By Anas Abu Hassan

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.

Biban24 Wraps Up With US$9 Bln In Agreements, Fuelling Saudi's SME Growth 

KUALA LUMPUR, Nov 11 (Bernama) -- Agreements worth over US$9 billion were signed at Biban24, Saudi Arabia’s flagship startup and small and medium-sized enterprises (SME) forum, organised by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom. (US$1=RM4.38)

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

KUSKOP, MoF, KESUMA To Address Minimum Wage Impact On MSMEs - Ewon

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).

Monsha’at Takes Significant Step Transforming Saudi Entrepreneurship Landscape

KUALA LUMPUR, Nov 11 (Bernama) -- The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has taken another important step towards reshaping the Saudi entrepreneurship landscape.