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Ringgit Rises On Moody's Positive Sovereign Credit Rating

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

At 8 am, the ringgit strengthened to 4.3710/3790 against the greenback, compared to Friday's close of 4.3750/3800.  

Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year. 

Ringgit Closes Higher Against US Dollar Supported By Decline In Malaysia's Inflation

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.

Ringgit Opens Higher Against US Dollar For Third Consecutive Day

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.

Ringgit Ends Higher Vs USD After Trump's Inauguration Speech

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.

Malaysia To Adapt To Global Changes, Strengthen Sustainability, Trade

SUBANG, Jan 21 (Bernama) -- Malaysia is prepared to adapt to global changes, including potential shifts in US policy under a second Trump administration, without significant disruption to its natural resources and environmental sustainability agenda, Natural Resources and Environment Sustainability Nik Nazmi Nik Ahmad said.

Majority ASEAN Members Should Adopt Common Central Time Zone -- Abdul Wahid

KUALA LUMPUR, Jan 21 (Bernama) -- The majority of ASEAN member countries should adopt a common time zone of GMT+8 as this would further integrate ASEAN as a compelling economic bloc, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said.

Revival Of Malaysia-EU Trade Deal Benefits Malaysia's Key Export Sectors -- Economist

By Zarul Effendi Razali and Siti Noor Afera Abu

KUALA LUMPUR, Jan 20 (Bernama) -- The revival of negotiations on the stalled Malaysia-European Union Free Trade Agreement (MEUFTA) could significantly benefit Malaysia’s key export sectors, particularly in high-value goods and natural resources.

Malaysia's External Trade To Expand In 2025, Exports Up 4.9 Pct, Imports To Rise 4.5 Pct

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia's exports and imports are set to continue growing in 2025, with external trade expected to expand further.

MPOC Forecasts Seasonal Drop In Palm Oil Exports For January, February 2025

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).

AHAM Capital Declares RM1.11 Bln Income Distribution For FY2024

KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.