6d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended its positive momentum to close higher against the US dollar today following weaker demand for the greenback.
6d ago
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.
7d ago
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.
7d ago
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran.
7d ago
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.
7d ago
KUALA LUMPUR, Oct 24 (Bernama) -- The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry (MITI) in attracting high-quality investment from Japan, particularly in the sustainable energy sector and high-tech industrial development.
7d ago
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.
8d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved RM1.59 billion in financing guarantees as of Sept 30 2024 for micro, small and medium enterprises (MSMEs) in the green economy, high technology and halal fields from a RM20 billion guarantee fund allocation.
8d ago
KUALA LUMPUR, Oct 23 (Bernama) -- CapitaLand Malaysia Trust (CLMT), a real estate investment trust (REIT), has secured RM752 million in sustainability-linked loans to date.
8d ago
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.
8d ago
KUALA LUMPUR, Oct 23 (Bernama) -- The rapid development of Malaysia’s energy transition, especially green and renewable energy and the overall energy market has attracted the interest of the Japan Bank for International Cooperation (JBIC).
8d ago
KUALA LUMPUR, Oct 23 (Bernama) -- The construction sector has been urged to focus on sustainable methods, energy-efficient designs and the use of green materials to ensure that the industry thrives economically and contributes positively to the environment and society.