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Negeri Sembilan Records Revenue Collection Of RM636 Mln For 2024

SEREMBAN, Jan 7 (Bernama) -- The Negeri Sembilan government recorded a revenue collection of RM636 million, which is 122.31 per cent of the target set at RM520 million for the year ended Dec 31, 2024, said Menteri Besar Datuk Seri Aminuddin Harun.

JS-SEZ A Unique Initiative To Promote Malaysia And Singapore -- PM Anwar

PUTRAJAYA, Jan 7 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is a unique initiative where two countries work together as a team to help promote both nations and attract investments, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Edges Higher As US Dollar Index Declines

KUALA LUMPUR, Jan 7 (Bernama) --  The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.  

Ringgit Closes Lower As Signs Of US Economic Recovery Spur Demand For Greenback

By Zarul Effendi Razali

KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.

MYMBN Yet To Fully Quantify Financial Impact Due To Temporary Suspension Of Bird’s Nest Exports To China

KUALA LUMPUR, Dec 31 (Bernama) -- Bird's nest processor MYMBN Bhd has yet to fully quantify the financial impact of the temporary suspension of bird’s nest exports to China.

Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst. 

Datuk Wan Mohd Fadzmi Concludes Tenure As Labuan FSA's Chairman

LABUAN, Jan 3 (Bernama) -- Datuk Wan Mohd Fadzmi Che Wan Othman Fadzilah has concluded his tenure as chairman of the Labuan Financial Services Authority (Labuan FSA) on Dec 31, 2024.

Maybank IB Projects Crude Oil Prices At US$70 Per Barrel In 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.

Singapore Economy Grows 4.3 Pct In 4q 2024 – MTI

SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).

Ringgit Starts 2025 Lower On Fed Rate Cut Concerns

KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.

Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024

GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.

Gold Futures End Lower Amid Uncertainties On Fed Monetary Easing Cycle

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today clouded by policy uncertainties ahead of the new US administration under President-elect Donald Trump.