1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has formed a Pro Tem Committee to streamline resources and operational frameworks in support of the merger between the Malaysia External Trade Development Corporation (MATRADE) and the Halal Development Corporation (HDC).
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 25 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, taking its cue from the mixed regional rubber futures markets, a dealer said.
1y ago
PUTRAJAYA, Oct 25 (Bernama) -- The selection of Malaysia as a BRICS partner country opens up opportunities to increase trade and bilateral relations with countries in the bloc, said Communications Minister Fahmi Fadzil.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The government, multiple agencies within the government, data centre operators and other stakeholders are learning how to manage and deal with data centres and how to grow the industry sustainably.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia opened slightly higher today on volatile trading amid Wall Street's mixed sentiment after corporate earnings showed varying performances, said an analyst.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.
1y 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.