Ringgit Opens Lower As Easing Risks Lift US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback.

Weak Global Sentiment Pulls Bursa Malaysia Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended lower today, extending its mild pullback as negative global sentiment weighed on risk appetite, said an economist.

Seek Opportunities Throughout Malaysia , US Ambassador Kagan Urges American Investors

KUALA LUMPUR, Feb 5 (Bernama) -- American investors should explore and expand their investments throughout Malaysia, including Sabah and Sarawak and not confine themselves to the established hubs such as Kuala Lumpur and Penang.

Bursa Malaysia Erases Early Gains To End Lower On Profit-Taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains. 

MITI Shifts To New Framework To Ensure Local Products Usage Benefit Domestic Economy

KUALA LUMPUR, Feb 4 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will focus on outcome-based measurement and monitoring under the New Incentive Framework (NIF) to ensure that investment projects using local content translate into real impact on the domestic economy.

JS-SEZ Offers Scalable Regional Model For Seamless Cross-border Logistics -- Economists

JOHOR BAHRU, Feb 3 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) offers a scalable development model throughout the region, predicated on its seamless cross-border logistics and efficient flow of goods, according to Khazanah Research Institute chairman Nungsari Ahmad Radhi. 

Ringgit's Appreciation 'Not Unexpected' As Malaysia's Economy Gets Stronger

SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.

Malaysia Equities Hit Strongest Level Since 2018 On Firmer Ringgit, Solid Local Fundamentals

By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.

Penang Homeport Shift To Boost Malaysia’s Maritime Role

GEORGE TOWN, Jan 27 (Bernama) -- The federal government’s move to position Penang Port, anchored by Swettenham Pier Cruise Terminal (SPCT), as the main homeport for the northern region is expected to elevate Penang’s role within Malaysia’s maritime ecosystem and strengthen regional economic connectivity.

Negeri Sembilan Has Potential As Major Data, Technology Hub With Construction Of Green Data Centre Campus

SEREMBAN, Jan 26 (Bernama) -- Negeri Sembilan has the potential to emerge as a major data and technology hub through the development of the Nexus Yang Green Data Centre Campus at the NS Semiconductor Valley (NSSV) Industrial Park here.

Electrical And Electronics Sector Among Key Investment Focus This Year -- Tengku Zafrul

KUALA LUMPUR, Jan 22 (Bernama) -- The electrical and electronics (E&E) sector, especially semiconductors, will continue to be among the key sectors for potential investments this year, according to Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz. 

Nearly A Third Of SARA Aid Spent Within Five Days Of Disbursal, Proving Programme's Effectiveness -- Johan

By Nor Baizura Basri and Mohd Iswandi Kasan Anuar

PUTRAJAYA, Jan 17 (Bernama) -- Almost one third of the approximately RM624.97 million disbursed under the Sumbangan Asas Rahmah (SARA) aid programme since Jan 9 has been spent as of Jan 13, indicating its effectiveness in helping low-income groups cope with the cost of living.